With the new administration set to take over on Monday, there are some in the ag industry who are very optimistic about the potential new Agriculture Secretary. Rusty Halvorson has more details. As he prepares to move back into the White House, President-elect Donald Trump did nominate former White House aide Brooke Rollins to be his Secretary of Agriculture. National …
Updated BQA National Manual Now Available
The National Cattlemen’s Beef Association (NCBA) recently announced the release of its updated Beef Quality Assurance (BQA) National Manual, which serves as a resource for science-based cattle production information and is free to all. “BQA empowers beef producers to maximize their potential to make the most efficient and responsible use of natural resources for effectively producing the world’s most nutritious and flavorful …
NCBA Looking at Various Issues to Tackle in 2025
The National Cattlemen’s Beef Association (NCBA) is looking at a variety of issues they would like to see Congress take care of this year. Rusty Halvorson has the story. President-elect Donald Trump will be sworn into office this month and a new Congress is taking over in Washington, DC. National Cattlemen’s Beef Association President Mark Eisele says there’s no shortage of problems …
Concerns With the Enhanced Estate Tax Exemption
The enhanced estate tax exemption could be a major casualty if the 2017 tax cut law expiring at the end of 2025 is not extended. The estate tax exemption will drop from $13.6 million per individual to its pre-2017 level of $5.5 million if the Tax Cuts and Jobs Act isn’t extended. Here’s Ken Bacus, with the National Cattlemen’s Beef Association (NCBA), …
New Temporary Relief from the Corporate Transparency Act
According to the National Cattlemen’s Beef Association (NCBA) there has been another development concerning the Corporate Transparency Act (CTA). The latest court development has once again put the CTA reporting requirements temporarily on hold. On Saturday, NCBA Executive Director of Government Affairs Kent Bacus said, “In a new decision, the U.S. Fifth Circuit Court of Appeals reversed a previous ruling they issued …
Cattle Producers Warned Court Ruling Returns CTA Reporting Requirements
Cattle producers are being warned that Corporate Transparency Act (CTA) filing requirements are back in effect following a court decision that reverses the injunction that previously halted this mandate. According to the National Cattlemen’s Beef Association (NCBA), the Fifth Circuit Court of Appeals on Monday lifted the nationwide preliminary injunction on the enforcement of the CTA, holding that the government is likely to prevail …
NCBA Supports Blocking the CTA
The National Cattlemen’s Beef Association (NCBA) is supporting blockage of the Corporate Transparency Act from being enforced. Rusty Halvorson has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NCBA Responds to Dietary Guidelines Report
The National Cattlemen’s Beef Association (NCBA) is pushing back against advice from the Dietary Guidelines Advisory Committee that recommends reducing red meat consumption. Rusty Halvorson has more details. According to the NCBA, this advice ignores strong scientific evidence about beef’s essential role in a healthy diet. Mark Eisele, NCBA president, emphasizes that most Americans already eat beef within healthy limits. He describes …
Disaster Tax Relief Bill Passes in U.S. Senate
The U.S. Senate has passed the Federal Disaster Tax Relief Act (H.R. 5863). The legislation, in addition to providing much needed relief to victims of hurricanes, also provides tax relief for cattle producers who received payments due to wildfires. Previously, these payments counted as taxable income, meaning producers who already suffered from disasters were hurt again by having their relief …
Federal Court Blocks Corporate Transparency Act, Offering Relief to Farmers and Ranchers
Farmers and ranchers have received a temporary reprieve from federal reporting requirements under the Corporate Transparency Act (CTA), thanks to a nationwide injunction issued by the U.S. District Court for the Eastern District of Texas. The ruling delays enforcement of the Beneficial Ownership Information (BOI) filing requirements, which were set to take effect on January 1, 2025. The CTA mandates …