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5 Jan 2021
The 2020 Duluth-Superior grain shipping season ended with the saltie Federal Oshima departing on Dec. 18 after loading at Duluth's Riverland Ag facility. Its cargo included 26,070 short tons of North American spring wheat bound for Italy. For the third consecutive season, a Fednav Limited vessel was the last oceangoing ship to depart the Port of Du...
4 Jan 2021
OMAHA (DTN) -- Each year, DTN publishes our choices for the top 10 ag news stories of the year, as selected by DTN analysts, editors and reporters. Today, we complete the countdown with No. 1: the new coronavirus and how the resulting pandemic changed our lives. ** One of my favorite movie lines comes from the opening of the Vietnam War classic "Pl...
4 Jan 2021
With all the talk about potential changes to estate tax laws, I thought it would be a good idea to go back to the basics and discuss stepped-up basis. When a person passes away, his or her assets are transferred to the beneficiaries in multiple ways. Most common is intestate (without a will), will, trust, joint ownership and beneficiary designation...
4 Jan 2021
OMAHA (DTN) -- A new class-action lawsuit seeks compensation for farmers and other property owners who suffered property losses from repeated floods on both sides along a 240-mile stretch of the Missouri River. The lawsuit is seeking compensation for a class of farmers from Burt County in northeast Nebraska to Leavenworth County, Kansas, after a fe...
31 Dec 2020
OMAHA (DTN) -- As biofuel producers attempt to force EPA to restore 500 million gallons that a court found were improperly waived from the Renewable Fuel Standard in 2016, a petroleum interest group is arguing those groups have no right to have the gallons remanded. In 2017, the U.S. Court of Appeals for the District of Columbia Circuit ruled the E...