Category Archives: Uncategorized

New Banking License Will Allow FinTech Start-Ups to Expand

James Rufus Koren reported in Saturday’s Los Angeles Times that, “Upstart financial firms such as Square, Lending Club and SoFi could soon have some of the same powers now held by their older, stodgier banking competitors. “The nation’s top bank regulator, the Office of the Comptroller of the Currency, said Friday that it would start… Continue Reading

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New York Gov. Vetoes Bill Creating a Tax Break for State Farmers who Donate Food

Recall that earlier this week, the Associated Press reported that, “A bill creating a tax break for New York state farmers who donate food to food banks is awaiting action by Gov. Andrew Cuomo.” The article noted that, “The Hunger Action Network of New York State has made the bill a priority, saying it will… Continue Reading

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New York Farmers Seek Tax Credit for Donated Food

Associated Press writer David Klepper reported on Saturday that, “Each year New York farmers give millions of pounds of apples, squash, corn or other agricultural products to the state’s food banks. Now they’re looking to get some credit for those good deeds — a tax credit. “Legislation awaiting action by Gov. Andrew Cuomo would offer farmers a… Continue Reading

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A Closer Look at Illinois Farmland Values and Cash Rents

Brad Zwilling indicated today at the farmdoc daily blog (“Slight Decrease in Illinois Farm Real Estate for 2016“) that, “Each year the National Agricultural Statistics Service of the USDA releases estimated average farm real estate values by state. The estimates are based on surveys of farmers from selected geographical areas. The surveys follow strict statistical… Continue Reading

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Issues Regarding Monsanto’s New Herbicide-Resistant Biotech Soybean- Neighbor’s Crops Damaged

Jacob Bunge reported yesterday at The Wall Street Journal Online that, “Farmers in southern U.S. states have long battled weeds and destructive bugs, but this year they face a new threat: their neighbors. “They say some growers are illegally spraying a powerful herbicide that is damaging hundreds of thousands of crop acres in Arkansas, Missouri… Continue Reading

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A Closer Look at What is “Community-Supported Agriculture (C.S.A.)”

Julia Moskin reported in today’s New York Times that, “Community-supported agriculture was originally defined by a very particular relationship between a farm and its customers. Starting in the 1980s (earlier in Europe and Japan), members banded together to support a nearby farm with an upfront financial commitment to buy its produce. “It was a private… Continue Reading

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A Start-Up Goes with Full-Time Employees, Not Leaning on the “Gig Economy”

Nick Wingfield reported in the business section of Sunday’s New York Times that, “When Glenn Kelman became the chief executive of his online real estate start-up, he defied the tech industry’s conventional wisdom about how to grow. “Instead of hiring independent contractors, he brought in full-time employees and put them on the payroll — with… Continue Reading

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For Some Farmers, Property Taxes Soar as Profits Decline

Reuters writer  P.J. Huffstutter reported yesterday that, “Collapsing prices for U.S. corn and soybeans have made it harder for some farmers to pay their property taxes, at a time when these tax bills are soaring and the rate of farm bankruptcies is growing. “Over the past three years, farmland property taxes have jumped as much… Continue Reading

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Tech Community Warned on Valuations

Dave Michaels and Telis Demos reported in Saturday’s Wall Street Journal that, “The chairman of the Securities and Exchange Commission fired a warning shot at Silicon Valley, cautioning the tech community against playing fast and loose with valuations and urging it to channel more information to investors devouring its latest innovations such as online loans…. Continue Reading

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GMO Labeling Debate on Senate Floor

A news release yesterday from Senate Ag Committee Chairman Pat Roberts (R., Kan.) stated that, [Chairman Roberts] today announced the Senate has proceeded to floor debate on his proposal to provide a uniform standard for bioengineering and an incentive to provide more information on biotechnology to consumers. “‘This legislation is a true compromise,’ said Chairman… Continue Reading

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