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Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an opportunity to evaluate profitability, manage risk and plan for long-term sustainability. A key step is ensuring farm records align with official tax documents, a process known as “matching,” which helps identify discrepancies and improve...

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Farmers? share of July 4th food dollar continues to shrink

Farmers? share of July 4th food dollar continues to shrink

The National Farmers Union released the 2023 numbers for the Farmers? Share of the Food Dollar Report covering several items typically found at a Fourth of July cookout. The NFU says every year, the troubling trend of farmers earning less of the dollars Americans...

Cost of a July 4th cookout going up like a bottle rocket

Cost of a July 4th cookout going up like a bottle rocket

Today is Independence Day and we are celebrating across the country. The warm weather will be reminiscent of that hot day in Philadelphia 247 years ago. While we gather for fireworks and time with family, we will likely all notice that the price of having that family...

Creative budgeting needed to fund a ?no-new-money? farm bill

Creative budgeting needed to fund a ?no-new-money? farm bill

An American Farm Bureau Federation (AFBF) official says it may take some creative budgeting to meet producer needs in a ?no-new-money? farm bill. Andrew Walmsley, AFBF senior director of government affairs, said the issue is how to meet producer needs for the next...

U.S. pork making headway in Chile

U.S. pork exports to Chile have rebounded in 2023. Through April, shipments increased 30% from a year ago to just over 4,000 metric tons. Sebastian Gr?, a professional chef who serves as the U.S. Meat Export Federation?s (USMEF) program coordinator in Chile, recently...

Biden administration not backing down on WOTUS rule

The Biden Administration is not giving up on its Waters of the U.S. (WOTUS) rule, even after the Supreme Court in May struck down the rule?s cornerstone, the ?significant nexus? test for EPA power over wetlands.The Biden administration?s Environmental Protection...

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Agoro Carbon surpasses 2 million enrolled acres

Agoro Carbon surpasses 2 million enrolled acres

Agoro Carbon Alliance, a global leader in the agricultural carbon market, has hit a significant milestone: two million acres enrolled in sustainable practices across America. CEO Elliot Formal shared an update on Agoro Carbon’s progress and their continued partnership...