Environmental Working Group issued a report Monday meant to encourage farm-bill negotiators to stick with tighter farm-program payment standards in the Senate version of the farm bill rather than the House bill.
All of the major fertilizers are higher compared to last year, with prices showing significant gains in recent months, but anhydrous had the biggest increase at 6% from the previous week and 27% higher than last year.
House Agriculture Committee Chairman Michael Conaway, D-Texas, and ranking member Collin Peterson, D-Minn., have made a joint farm bill offer to the Senate that addresses the stiffer work requirements for the Supplemental Nutrition Assistance Program (SNAP) that are in the House bill but not the Senate bill.
Farmers will need to adjust their mindset on taxes since some of the biggest changes under 2017 tax reform makes it beneficial to avoid claiming a loss. The first of this three-part series discusses changes to the rules governing net operating losses and how deferred payment contracts could give your accountant room to maneuver.