News & Events

Ag groups to lawmakers: Make Section 179, tax extenders priority

Published Nov. 20, 2015

Higher expensing levels under IRS Section 179, for the past two years, have allowed farmers and business owners to take the full depreciation deduction of items such as machinery in the current tax year, with a maximum deduction of $500,000 and a phase-out threshold of $2 million.

Amazon to build wind farm in NW Ohio

Published Nov. 20, 2015

The electricity generated by the 100-megawtt wind farm in Paulding County will be enough to power more than 29,000 homes in a year. The farm is meant to support Amazon’s growing data-server business. Amazon is investing $1.1 billion to develop three data centers in central Ohio.

Climate Change Is Going to Wreak Havoc on World Agriculture

Published Nov. 24, 2015

The MIT study looked at 11 different possibilities of trade and internal food production under a climate change scenario. They wanted to know what would happen if countries couldn’t continue to grow all the same crops they do today

Corn has Competition as Ethanol's Leading Grain

Published Nov. 20, 2015

In terms of ethanol production, corn has some competition this winter— grain sorghum. The grain, also known as milo, produces the same amount of ethanol per bushel, but uses one third less water in the process of creating the fuel. It is also used as feed, like corn

El Nino's impact beyond agriculture to cost billion

Published Nov. 24, 2015

"The impact is likely to be high, affecting energy, food and water in many parts of Asia," Ancha Srinivasan, principal climate change specialist at the Asian Development Bank told CNBC's The Rundown.

Farm income, farmland values weaken in Midwest, Mid-South

Published Nov. 13, 2015

“Due to some concern about the fall harvest and the recent dip in livestock prices, agricultural bankers have a rather dour view of farm income prospects in the fourth quarter of 2015,” the report said, noting a projected fourth quarter index value of 23.

Farm management school teaches small, beginning producers farm finances

Published Nov. 20, 2015

The goal of the program, he said, is to help young and beginning farmers learn how to become financially savvy and how to make their agricultural operations successful.

FDA finalizes produce safety rules

Published Nov. 17, 2015

The rules focus on “prevention” and seek to combat foodborne illness before it occurs. According to the FDA and the Centers for Disease Control and Prevention, an estimated 48 million people (1 in 6 Americans) get sick each year from foodborne diseases.

Genetically modified salmon OK’d for human consumption in US

Published Nov. 20, 2015

“There are no biologically relevant differences in the nutritional profile of AquAdvantage Salmon compared to that of other farm-raised Atlantic salmon,” the agency said in announcing the approval.

Grassley: High hopes for TPP on agriculture

Published Nov. 16, 2015

The new market access for U.S. agricultural products is good news. On pork, Japan would eliminate duties on 80 percent of tariffs, and the gate price mechanism that has been a barrier in the past would be significantly improved.