An expiring estate tax could be very costly for farm estates. That’s coming up on This Land of Ours. The 2017 Tax Cuts and Jobs Act significantly changed federal individual income and estate tax policies, though some were temporary. In 2018, the legislation increased the estate tax exemption amount from $5.49 million to $11.18 million. This increase expires at the …
Choppy Grain Futures Trade
Ahead of another report trading for grain futures has been choppy. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Number of U.S. Farms Falls Below Two Million
The U.S. Department of Agriculture (USDA) says the number of U.S. farms has fallen under two million for the first time since before the Civil War. The numbers come from the 2022 Census of Agriculture. In 2022, there were 1,900,487 farms in the country, a seven percent decline from the level in the 2017 Census. A farm is defined as …
Fuel Prices See Double-Digit Increase for Gasolione
After falling last week, the nation’s average price of gasoline climbed ten cents from a week ago, according to GasBuddy. The national average is up 22 cents from a month ago but 3.2 cents per gallon lower than a year ago. The national average diesel price fell 2.7 cents last week and stands at $4.03 per gallon—33 cents lower than …
The Winter that Wasn’t
Winter weather conditions overall were a bit warmer than what is normal. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Weather Affecting the Grain Trade
Recent weather conditions across certain areas of the country may be a factor with the grain trade this week. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Catastrophic Losses Ahead After Texas Wildfires
Catastrophic losses from the Texas wildfires. That’s coming up on This Land of Ours. Texas Ag Commissioner Sid Miller announced his agency’s commitment to providing support to the state’s producers as they deal with the aftermath of devastating wildfires in the Texas Panhandle. The Smokehouse Creek Fire has burned through almost 1,700 square miles of land, making it the largest …
AMS Grant Programs Available
USDA’s Agricultural Marketing Service (AMS) is now accepting applications for three grant programs, each with a unique focal point in promoting, marketing, and securing products. Under Secretary for Marketing and Regulatory Program Jenny Moffitt tells us more about the grants. Listen to Sabrina Halvorson’s program here. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag …
Many Growers Attending Commodity Classic
Commodity Classic wraps up Saturday in Houston, Texas, as growers from across the country are on hand. Mark Oppold notes what many of them are saying about their decisions for this year. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Nearly 20% of Shoppers Purchase Groceries Online
Checking in on who’s checking out groceries online. That’s coming up on This Land of Ours. Are you turning to online shopping for your groceries? More people are these days. Nearly 20 percent of shoppers bought their groceries online in 2022. That’s according to newly released data from USDA’s Economic Research Service (ERS). Of that 20 percent, nearly half bought …