August 27, 2016

Keeping the Farm in the Family

Keeping the family farm or ranch —“in the family” —after a major family loss is no easy task…and it might become more complicated if the IRS has its say.

Rusty Halvorson visited with South Dakota Secretary of Agriculture Mike Jaspers at Dakotafest in Mitchell, SD.

Halvorson and Jaspers

tax

Share

Yield Variability The Theme On ProFarmer Tour – AUDIO

Crop scouts on the annual ProFarmer Crop Tour have been working their way through the Midwest this week, trying to determine if the 2016 crop will live up to the high bar set by USDA.  So far, that could be a stretch, according to Tour Director Chip Flory.  He’s been on the western leg of the tour which looked at crops in Iowa yesterday.  He says, so far, this doesn’t feel like a record crop:
Flory 1

Flory says variability has been a theme throughout western Iowa:

Flory 2

Peter Meier is a participant on the eastern leg of the tour, which spent yesterday moving through Illinois.  He offered up similar thoughts:

Meier Illinois

The tour continues today with the western leg moving through much of Southern Minnesota.  The eastern leg will complete Iowa and look at the Southeastern corner of Minnesota.  Both groups will meet in Rochester tonight to decide on final yields in corn and final pod counts in soybeans.

Share

South Dakota Congressional Delegation Talks TPP

With opposition on the campaign trail from both major U.S. presidential candidates, supporters of the Trans-Pacific Partnership trade deal are worried that it could be the ‘end of the road’ for an opportunity to pass the 12-nation, tariff-slashing pact this year.

Some pundits on Capitol Hill say the current political climate regarding trade deals is the worst they’ve seen in decades – and trade supporters are left speculating what will happen next.

TPP was a topic last week during an informational forum at Dakotafest last week – featuring South Dakota’s congressional delegation.

Representative Kristi Noem told folks there are benefits to trade agreements that have been lost in the debate.

Dakotafest NoemNoem on TPP

Senator John Thune said he’s hopeful something can be figured out on TPP “once the dust settles” after the elections.

Thune on TPPDakotafest Thune

With rhetoric about TPP on the campaign trail running high, Senator Mike Rounds tried to clear up some misconceptions about the deal – and explain how important it is to South Dakota agriculture.

Dakotafest RoundsRounds on TPP

President Obama signaled earlier this month he still intends to submit the TPP deal to Congress for a vote. The president often speaks of TPP as a tool to prevent China from writing the rules of trade in the future.

Earlier this summer, Senate Majority Leader Mitch McConnell all but ruled out the possibility of Congress voting on TPP this year, but he said the deal could still be modified and put to a vote in 2017 or beyond.

 

 

 

 

Share