News Topics

Crops

Livestock

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Business & Inputs

Equipment & Tech

World & Policy

Farm Life

Farmers browse a planter at a farm machinery show. The new tax law will change the way farmers look at writing off major equipment purchases. (DTN file photo by Jim Patrico)
Posted

The Tax Cuts and Jobs Act significantly changed how agribusiness looks at depreciation. Bonus deprecation was one of the few items in the new law that applies retroactively. Under the new law, annual depreciation limits on passenger autos also increase...

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What DTN Is Watching

Markets

The grain and oilseed complex has a busy day ahead of it, starting with early weather forecasts calling for continued dry conditions across Argentina. Weekly export sales and shipment numbers (for the week ending Thursday, February 15) are set for release, and USDA will unveil its annual outlook supply and demand tables. Also, February's Cattle on Feed report is set for Friday afternoon.

Weather

Light to moderate rain will extend from the eastern Midwest south to the Texas coast Friday, adding to flooding concerns. The western and northern Midwest, along with the majority of the Plains will have very cold conditions for the season along with freezing precipitation and snow causing transport and safety hazards in some areas. A new round of snow will also be noted in the intermountain West.

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