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6 Aug 2019
BROOTEN, Minn. (DTN) -- As Jerry Jennissen stood before a group of guests eating a light salad, he explained the history of his central Minnesota dairy farm from the Homestead Act up to when he and his wife bought the place in the early 1980s. Jennissen described how Jer-Lindy Farms grew into Redhead Creamery, named for the Jennissen's four redhead...
5 Aug 2019
By Rod MauszyckiDTN Tax Columnist Back in January, the IRS released final regulations on Section 199A. Due to several flaws, the agency continued to work on the verbiage and mechanics. On April 19, the IRS released additional information on 199A and farm income averaging which was met with confusion. Shortly after the release, the IRS backtracked a...
5 Aug 2019
By Todd HultmanDTN Lead Analyst Just a week ago, new-crop contracts of corn, soybeans and Chicago wheat were trading within sideways ranges, and frankly, I thought we would see more of the same this week as the market has a lot riding on the outcome of the second planting survey that USDA is expected to unveil Aug. 12 in the next World Agricultural...
5 Aug 2019
By Chris ClaytonDTN Ag Policy Editor OMAHA (DTN) -- President Donald Trump and European Union officials signed an agreement Friday at the White House that will nearly triple the volume of duty-free beef exports to Europe over time. Trump made the announcement surrounded by members of his administration and representatives from the National Cattlem...
2 Aug 2019
OMAHA (DTN) -- This week's export sales report should be viewed as bearish for corn and milo and neutral for milo and wheat, according to DTN Lead Analyst Todd Hultman. For the week ending July 25, 2019, USDA reported an increase of 5.6 million bushels (143,100 mt) of corn export sales for 2018-19 and an increase of 5.1 mb (129,600 mt) for 2019-20....