Agribusiness Blog

DECEMBER 16, 2021

In response to our blog post yesterday, we had a reader send in the following question: After looking at this and reading the actual language that is on the website, I think we may pass the income test. It specifically says the average for the 2016, 2017, and 2018 years has to be under the $900,000 – that is the 2020 FORM. We did qualify for that I believe.

Marketing 52

Marketing 52

Caff

DECEMBER 16, 2021

Hi there, Maybe you’re a farmers market regular committed to ensuring that everyone has access to healthy, local food. Or a climate change activist who knows that rich, thriving, carbon-sequestering soil is vital to the survival of our species. Or perhaps you’re a farmer, like the ones here below, seeking support, solidarity and a seat at the table when it comes to shaping the future of our food system.

Family Farming 52

Family Farming Food Marketing Production 52

RR2CS

DECEMBER 15, 2021

Agroforestry is agriculture incorporating the cultivation and conservation of trees. It has long been believed that trees, crops, and livestock can be grown together as a cohesive system to help improve the overall outputs of a farm. Evidence of agroforestry systems can even be seen as far back as the Middle Ages and can be found all across the globe from the Americas to Europe to Asia.

Ruralism 52

Ruralism Cultivation Agriculture Agriculture 52

Agribusiness Blog

DECEMBER 15, 2021

The USDA released the Spot Market Hog Pandemic Program (SMHPP) this week to provide additional funds for hog farmers who sold pigs on the spot market between April 16, 2020 and September 1, 2020. This assistance is only for hog producers who sold pigs on the spot market and not under a contract. The payment will be equal to $54 per pig times the number of eligible pigs not to exceed 10,000 pigs.

Marketing 52

Marketing 52

Agribusiness Blog

DECEMBER 14, 2021

Many farmers will purchase farm inputs such as fertilizer, chemicals, seed, etc. before the end of the year even though the dealer has not delivered these products to the farmer. We call these items prepaid farm expenses. The tax rules are very specific on how to handle these costs. First, the invoice must be for a specific item, price per quantity and then an extension of the final price for each item purchased.

Farming 52

Farming Farming Fertilizer Seeding 52