Jacob Bunge and Richard Rubin reported today at The Wall Street Journal Online that, “Some agricultural companies are revamping operations to avoid being stung by the new U.S. tax law. “Ethanol makers and family-owned grain companies are setting up new agricultural cooperatives to benefit from a provision in the law that gives farmers larger tax savings… Continue Reading
Category Archives: General Interest
Some Agricultural Companies Revamping Operations to Avoid Being Stung by New U.S. Tax Law
Crop Insurance: Sales Closing Dates Near for Most Crops
A news release earlier this week from the U.S. Department of Agriculture’s Risk Management Agency (RMA) indicated that, “Last year’s hurricanes, wildfires, and droughts, devastated parts of the South, Midwest, Northern Plains, and California, and were a stark reminder that agriculture is an inherently risky business. Federal crop insurance indemnities for these disasters totaled more… Continue Reading
Homebrew- Seed-Stage Firm Plans to Continue Investing in Six to Eight Startups a Year
Wall Street Journal writer Tomio Geron reported earlier this week that, “Seed-stage venture firm Homebrew has raised $90 million for its third fund. “Partners Satya Patel and Hunter Walk said the San Francisco firm plans to continue investing in six to eight startups a year. It raised $50 million for its last fund, in 2015…. Continue Reading
Senators Introduce Bill to Provide Certainty for Farmers and Ranchers
A news release yesterday from Sen. Deb Fischer (R., Neb.) indicated that, “Today, U.S. Senators Deb Fischer (R-Neb.), Joe Donnelly (D-Ind.), John Barrasso (R-Wyo.), Mike Rounds (R-S.D.), and Pat Roberts (R-Kansas), Heidi Heitkamp (D-N.D.), Chris Coons (D-Del.) and Tom Carper (D-Del.) introduced the Fair Agricultural Reporting Method (FARM) Act. The bill, which has a number… Continue Reading
Iowa Supreme Court Considers Law That Shields CAFOs From Lawsuits
Stephen Gruber-Miller reported yesterday at The Des Moines Register Online that, “Should the Iowa Supreme Court declare unconstitutional a law that shields large animal feeding operations from lawsuits? “That’s the question the justices heard Monday night during oral arguments in Honomichl v. Valley View Swine. Its answer is likely to have an impact on the number… Continue Reading
Hops Market Declines as Craft Beer Sales Slow
Financial Times writer Emiko Terazono reported yesterday that, “A sharp slowdown in US craft beer sales growth has sent the speciality hop market from boom to bust with its effects starting to be felt by growers beyond its shores. “The fall comes as growers both in the US, the world’s leading hop producer and exporter, and… Continue Reading
Ag Groups Ask for Preliminary Injunction on WOTUS Rule
DTN writer Todd Neeley reported last week that, “Three years after President Barack Obama’s administration finalized the waters of the United States (WOTUS) rule in 2015, agriculture groups and states find themselves in a familiar position — back in court to block the rule. “In the latest move, the American Farm Bureau Federation and other… Continue Reading
Eminent Domain Issues in Wind Energy Development
Cole Epley reported on Friday at the Omaha World-Herald Online that, “[Nebraska] State Sen. Tom Brewer said Thursday that his latest proposal in front of a legislative committee isn’t about slowing down Nebraska wind energy development. “Instead, the Gordon legislator’s proposal to restrict Nebraska public power utilities’ eminent domain authority is about protecting private property interests,… Continue Reading
Dicamba Herbicide Issues
DTN writer Pam Smith reported yesterday that, “The clock is ticking for dicamba herbicides registered for use in Xtend soybean and cotton. The success or failure of the coming spray season will determine if ‘over the top’ use of dicamba in those crops remains a tool for farmers beyond 2018. “In late 2016, the Environmental… Continue Reading
Attorneys General Sue Trump Administration Over EPA WOTUS Rule
Associated Press writer Verena Dobnik reported on Tuesday that, “Eleven Democratic state attorneys general on Tuesday sued President Donald Trump’s administration over its decision to delay implementation of an Obama-era rule that would have expanded the number of wetlands and small waterways protected by the Clean Water Act. “New York Attorney General Eric Schneiderman said last week’s… Continue Reading