DTN Ag Policy Editor Chris Clayton reported last week that, “Leaders of the National Council of Farmer Cooperatives are optimistic IRS officials will adjust Section 199A(g) tax breaks after testimony this week from Treasury Secretary Steve Mnuchin. “Farmer cooperatives have been trying for more than two years to reestablish a tax deduction comparable to what… Continue Reading
Category Archives: Agriculture Law
Co-ops Encouraged by Treasury Secretary’s Commitment to Fixing ‘Grain Glitch’
USDA to Open Signup March 16 for Conservation Reserve Program Grasslands
A news release yesterday from the USDA’s Farm Service Agency (FSA) stated that, “Farmers and ranchers may apply to enroll grasslands in the Conservation Reserve Program (CRP) Grasslands signup beginning March 16. The signup runs through May 15. “‘Through this CRP Grasslands signup, farmers and ranchers can protect grasslands, rangelands and pastures, while maintaining the… Continue Reading
Despite Tough Year in Biofuels, Few Plants Changed Hands Last Year
DTN writer Todd Neeley reported last last month that, “Despite the biofuels industry operating on thin margins and dealing with federal policy uncertainty in 2019, the number of mergers and acquisitions in the industry was historically low last year, according to a new report from an investment bank focused on biofuels transactions. “Overproduction in the… Continue Reading
Farmer’s Lawsuit Claims Hydroponic Operators Shouldn’t Use “Organic” Label
Bloomberg writer Robert Burnson reported yesterday that, “Food activists and farmers sued the Trump administration over its decision to let hydroponic operators use the prized ‘organic’ label. “The Center for Food Safety and farmers from Maine to California say in the lawsuit that the decision ‘undermines the very integrity’ of the country’s organic food label… Continue Reading
California Sues Trump Administration to Block Water Rules
Late last month, the Associated Press reported that, “California sued the Trump administration on [Feb. 20] to block new rules that would let farmers take more water from the state’s largest river systems, arguing it would push endangered populations of delta smelt, chinook salmon and steelhead trout to extinction. “The federal rules govern how much… Continue Reading
Crop Tech Startup Indigo Cuts 150 Jobs
Bloomberg writer Isis Almeida reported this week that, “Indigo Ag Inc., a company trying to take the old-school world of crop trading onto digital platforms, is cutting jobs in order to focus on the most-profitable areas of its business. “Reductions at the Boston-based company meant 150 staff members lost their jobs, a company spokesperson confirmed…. Continue Reading
USDA Announces Updates for Honeybee Producers
An update yesterday from USDA’s Farm Service Agency (FSA) stated that, “[FSA] today announced updates to the Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program (ELAP). These updates include changes required by the 2018 Farm Bill as well as discretionary changes intended to improve the administration of the program and clarify existing program requirements…. Continue Reading
Friday Is the Last Day to Schedule an Appointment with Your FSA Office to Compete in CRP General Signup
A news update yesterday from USDA’s Farm Service Agency (FSA) stated that, “Agricultural producers and private landowners interested in the Conservation Reserve Program (CRP) 2020 general signup must make an offer of acres or schedule an appointment to do so with their local U.S. Department of Agriculture (USDA) service center by Friday, February 28. “The… Continue Reading
Deere Teaming Up with Startup Hello Tractor in Bid to Break Ground in Africa
Reuters News reported yesterday that, “It’s ride-hailing, farm style. Deere & Co. is teaming up with the ‘Uber of tractors’ in Africa and betting on a future where farmers summon machines with the touch of a button. “The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers… Continue Reading
USDA Launches New Conservation Pilot Program for Prairie Pothole Producers to Plant Cover Crops
A news release today from USDA’s Farm Service Agency (FSA) stated that, “[FSA] today announced a new pilot program that enables farmers in the Prairie Pothole region to receive payments for planting cover crops on their land for three to five years. The new Conservation Reserve Program (CRP) Soil Health and Income Protection Program (SHIPP)… Continue Reading