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Filing season shows impact of farm tax changes

Filing season shows impact of farm tax changes

Farm families are getting a clearer picture of how last summer’s federal tax changes could affect long-term business planning after working through another filing season. In an interview with the Iowa Agribusiness Radio Network, U.S. Agriculture Secretary Brooke Rollins said several provisions in the law continue to influence decisions tied to succession planning, capital purchases, and rural investment. Rollins said the package included permanent estate tax relief for many families, permanent...

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Grassley says US Navy should help ensure black sea grain traffic

Grassley says US Navy should help ensure black sea grain traffic

A senior U.S. Senator says the U.S. should send part of its Navy to the Black Sea to ensure freedom of navigation for Ukraine grain shipments, now threatened by Russia since it pulled out of the Black Sea grain deal.Iowa Senator Chuck Grassley says the U.S. should...

USDA: food inflation mostly lower in 2023 compared to 2022

Retail food prices increased 4.8 percent in the first six months of 2023, lower than the rate of midyear inflation in 2022, of 8.2 percent. USDA’s Economic Research Service reports the 20-year average for midyear inflation from 2002 to 2021 was 1.6 percent. All food...

New alliance promoting benefits of carbon capture for rural America

There are great debates happening about the environment and how we should proceed to make things better. That debate has gone on in the way we are managing our soil health, how we handle spraying the products we need to maintain our crop health. Now, there is a great...

Feenstra joins letter to USTR on Brazil?s ethanol tariff

Earlier this year, the Brazilian Foreign Trade Chamber reinstated an import tariff on American ethanol shipped to Brazil. Prior to this announcement, American ethanol exports to Brazil had been duty-free since March of 2022. Now, there is a 16% tariff rate on ethanol...

Feenstra joins letter to USTR on Brazil’s ethanol tariff

Earlier this year, the Brazilian Foreign Trade Chamber reinstated an import tariff on American ethanol shipped to Brazil. Prior to this announcement, American ethanol exports to Brazil had been duty-free since March of 2022. Now, there is a 16% tariff rate on ethanol...

Multicultural strategy drives pork demand

The National Pork Board is adding value to pork by focusing on multicultural consumers, as they are a growing demographic and frequent consumers of pork. Jose De Jesus, senior director of multicultural marketing, said they?re particularly focusing on misconceptions...

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