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Cash Market Moves

2 Feb 2021
Former Surface Transportation Board (STB) Chairman Ann Begeman served as the STB chairman and acting chairman between January 2017 and January 2021, and as vice chairman during 2011, 2013, 2014 and 2015. Her second five-year term expired on Dec. 31, 2020, and by statute, she may remain at the STB up to one additional year. That left the position op...

Meatpackers Face Close COVID Scrutiny

2 Feb 2021
OMAHA (DTN) -- A House subcommittee has launched an investigation into COVID-19 outbreaks at meatpacking plants owned by Tyson Foods Inc., JBS USA and Smithfield Foods Inc., as well as the response from the Occupational Health and Safety Administration. When COVID-19 started showing up in packing plants across the country early last year, packing p...

Winter Calving

1 Feb 2021
When it comes to calving, Russ Daly will take zero degrees Fahrenheit and sun over 40 degrees F with wind and rain anytime. That warmer temperature may sound better, but the South Dakota State University Extension veterinarian knows the likelihood of hypothermia in a newborn calf is going to be much higher under wet, windy conditions. Daly, based a...

Senate Control Delaying Work

1 Feb 2021
WASHINGTON (DTN) -- Incoming Senate Agriculture Committee Chairwoman Debbie Stabenow said Thursday that the confirmation hearing for Tom Vilsack, President Biden's nominee for Agriculture secretary, scheduled for Tuesday, may depend on Senate leaders reaching agreement on a resolution for organizing the Senate. In a call to reporters on her agenda ...

Taxlink

1 Feb 2021
Some farmers would call 2020 a disaster. COVID, weather, election: What else could go wrong? Since we are discussing things that have gone wrong, let's talk about involuntary conversions. Let's start the discussion with Treasury Regulation 1.165-6(c), which states that the loss of a prospective crop through frost, storm, flood or fire does not give...
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