The Plain Dealer reports that the House and Senate are set to return this month after a contentious 2009, with Senate President Bill Harris (R-Ashland) and House Speaker Armond Budish (D-Beachwood) pledging better cooperation between the two chambers.
Policy & Politics
Agriculture Secretary Tom Vilsack announced on New Year’s Eve that the Agriculture Department is partnering with the Internal Revenue Service (IRS) to reduce fraud in farm programs and streamline payment limits for family farmers.
The estate tax will be one of the big issues in Congress for farmers and ranchers in 2010, according to Mark Maslyn, executive director of public policy for the American Farm Bureau Federation. “The exemption levels at the end of 2009 were $3.5 million per household. In 2010 that has gone away...
U.S. hog producers should break even in 2010 as both the average price received and the total cost of production are expected be around $50 per hundredweight, according to Purdue University Extension Economist Chris Hurt.
Mother Nature wreaked havoc on producers of agricultural commodities in 2009 and gave the food market a jolt, sending prices for staples like corn and soybeans on a wild ride only to end the year close to where they started, according to the Wall Street Journal.