By: Paul Neiffer, The Farm CPA Blogger
Previously published by AgWeb Daily
The new tax code requires the 20% Section 199A deduction to be calculated for each separate business. Most farm operations operate in a multi-entity structure: an entity as the “farmer,” one or more entities to own the farmland that is rented to the “farmer” and perhaps even other entities to hold the equipment and rolling stock. Continue reading Section 199A: The Rules For Entities
Good Thursday morning, hopefully everyone enjoyed their Labor Day weekend. I certainly did as I was able to venture down to the Morgan County Fair and take in some familiar sights and sounds while getting to catch up with friends and family. Continue reading From Across the Field – Fall Preparation
By: Sonja Begemann, Farm Journal Seed and Crop Production Editor, Previously published on AgWeb Daily
As fields inch toward harvest Mother Nature isn’t letting up. Downpour after downpour brought on by hurricane Gordon is leading to questionable stalk and shanks in corn fields.
With stalks and shanks threatening to break, are you prepared to harvest early? Does it make economic sense? Scout fields, weigh drying costs and remember, every bushel you leave in the field is potential dollars out of your pocket. Continue reading Drying Costs Versus Stalk Loss—Which Costs More?
By: Jessie Scott, Previously published in Successful Farming
The USDA’s Trade Retaliation Mitigation package announced earlier this week will distribute $4.7 billion in cash payments to producers through the new Market Facilitation Program (MFP). The goal of the program is to assist farmers in response to trade damage from unjustified retaliation by foreign nations. Continue reading 15 Questions and Answers On the USDA Trade Retaliation Mitigation Payments
By: Dave Mowitz, Previously published in Successful Farming
Inspecting the cleaning shoe is one of the dirtiest jobs of preparing a combine for harvest, Rodney Edgington admits. “Maybe for that reason, the shoe is often ignored,” the Successful Farming Combine Doctor believes. “Components in the shoe do wear out, and their failure can have a big impact on grain losses – let alone reducing combine capacity.”
Edgington offers the following five-step inspection guide that won’t make the job less dirty, but it will identify existing and future parts failures. Continue reading Combine Maintenance: Inspecting The Cleaning Shoe
By: David Widmar, Previous published in Agriculture Economic Insights
When times are tough in agriculture, efforts to lower costs and improve cash flow often necessitate a cut, or delay, in capital expenditures. As expected, farm capital expenditures, after peaking in 2014, rapidly contracted as net farm income and commodity prices turned sharply lower. Continue reading Farm Capital Expenditures Turns Higher