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Farmers need Congress to act and extend tax provisions

Farmers need Congress to act and extend tax provisions

The Tax Cuts and Jobs Act is set to expire at the end of 2025. If it’s not renewed, farmers and ranchers will face significant tax hikes. Samantha Ayoub, an associate economist with the American Farm Bureau Federation, said farmers will be put at risk if those provisions expire. Ayoub said several provisions in the Tax Cuts and Jobs Act were designed to boost economic activity and encourage investments. While some progress has been made on making these provisions permanent, Ayoub said there’s...

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South American weather and crop update (3-9-2021)

South American weather and crop update (3-9-2021)

Weather patterns in South America haven?t shown much change week-to-week. In this week?s South American weather and crop update on the Iowa Agribusiness Radio Network, Allendale commodities broker Greg McBride says dry conditions have been occurring in southern Brazil...

Axne helps push biofuels legislation in House

Axne helps push biofuels legislation in House

The biofuels industry is looking hard to make a strong comeback in the coming year. We have already seen the Biden EPA decline to further contest the 10th Circuit Court ruling to uphold the Renewable Fuels Standard, and stop some of the Small Refinery Exemptions which...

U.S. suspends some tariffs on U.K. goods

U.S. suspends some tariffs on U.K. goods

While it won?t have a large effect on farmers immediately, the Biden Administration is suspending some tariffs on goods from the United Kingdom. No longer a member of the European Union, the United Kingdom said in December that it will suspend tariffs on the U.S. tied...

Missouri River flood risk low in 2021, Army Corps says

Missouri River flood risk low in 2021, Army Corps says

The U.S. Army Corps of Engineers says the risk of flooding along the Missouri River will be low this spring. According to the Corps, inflows into the basin above Sioux City remain well below average and runoff for February was 70 percent of average. Officials expect...

Southwest Iowa lawmakers hope for biofuels mandate compromise

Southwest Iowa lawmakers hope for biofuels mandate compromise

Two lawmakers from southwest Iowa are hoping a compromise can be reached on a proposal from Governor Kim Reynolds that would mandate higher blends of biofuels at Iowa fueling stations.Governor Reynolds offered legislation this session that would require all gasoline...

Regan confirmation vote likely this week

Regan confirmation vote likely this week

EPA nominee Michael Regan will likely get a Senate confirmation vote later this week after Senate Majority Leader Chuck Schumer filed cloture Saturday on his nomination. Reports say Senators will vote to advance Regan?s nomination as EPA Administrator on Wednesday...

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AgriGold Jay Halbur, Iowa Farmer

During the trip to Commodity Classic, Russ Parker caught up with Iowa farmer Jay Halbur of Glidden. He talks about his operation from top to bottom, and how AgriGold has become a partner in helping them reach their goals. Even if you are happy with another company,...