Something of an inscrutable oriental gesture appeared in Des Moines this weekend, an advertising supplement in Iowa's largest newspaper. The ad aimed to highlight the impact on the state's soybean farmers as "the fruit of a president's folly.''
Recently, Union Pacific announced its Unified Plan 2020, a new operating plan that implements "Precision Scheduled Railroading" principles. The U.S. Surface Transportation Board wrote a letter to UP three days after the announcement.
The IRS' guidance on Section 199A allows farming operations to aggregate land and operating business income, maximizing tax deductions while avoiding some self-employment tax. But for non-operating landlords, there are important factors to consider.
A 3-million-acre jump in principal crop acres this year wasn't in the big four commodities. Instead, oats, sorghum, rice and hay accounted for a chunk of the increase, with producers trying to diversify into niche markets.
DTN is the independent, trusted source of actionable insights for two million customers worldwide focused on feeding, fueling and protecting the world. Customer-centric and colleague-driven, DTN focuses on empowering customers with decision-support solutions in agriculture, energy, commodity and financial analytics, and weather-sensitive industries through continuous, leading-edge innovation. DTN also produces the leading agriculture publication, The Progressive Farmer.