Agritecture Blog
SEPTEMBER 23, 2022
Kevin working with Montel’s racks in a grow facility. Editor’s Note: The following article includes information from an interview between Agritecture and Kevin Biernacki , Regional Sales Manager and Grower Liaison at Montel. Written by: Sarah Jordan and Isabelle Dom It's been well-established that more experienced growers are needed in the burgeoning indoor ag sector.
Agribusiness Blog
SEPTEMBER 22, 2022
The Employer Retention Credit (ERC) has proven to be a valuable device in the array of Covid stimulus tools. ERC is a refundable credit against payroll taxes aimed at businesses that saw a reduction in receipts but retained their payroll during Q2-Q4 of 2020 and Q1-Q3 of 2021. It can provide for credits up to $5,000 per individual in 2020 and $7,000 per individual per quarter for those qualifying in 2021.
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SILT
SEPTEMBER 21, 2022
Red Fern Farm, a SILT-protected property in Wapello, IA, drew about two dozen guests on one of the hottest September days on record, hovering around 100 degrees all day. The guests came to see the many chestnut and pawpaw trees that Tom Wahl and Kathy Dice have grown over the last 30 years, purchase fruits and nuts they could pick themselves, witness a cooking demonstration of persimmon brownies and learn more about how to protect land like Red Fern Farm.
OECD: Environment
SEPTEMBER 19, 2022
by Valentina Bellesi and Hugh Miller, OECD Environment Directorate After a summer of record-breaking temperatures, droughts, wildfires and floods causing devastation across the globe, the need to rapidly scale-up finance and investment to support a low-emission and climate-resilient transition could not be more apparent. Limiting global warming to around 1.5°C above pre-industrial times requires global greenhouse gas emissions (GHG) to peak before 2025 at the latest.
Agritecture Blog
SEPTEMBER 22, 2022
An Infarm growing facility. Editor’s Note: With the threat of a recession looming, vertical farmers are analyzing their business practices to stay afloat in a turbulent economy. This article discusses Infarm’s response to the recession and offers hope for the survival of vertical farming businesses around the globe. CONTENT SOURCED FROM SIFTED Written by: Freya Pratty Infarm, Europe’s only vertical farming unicorn, has just opened its largest growing facility yet.
Agribusiness Blog
SEPTEMBER 21, 2022
USDA has sent out almost $7 billion of Emergency Relief Program (ERP) payments and we continue to get questions from farmers about deferring these payments to 2023. The bottom line is you can’t defer the payments. Let’s review the reasons why. In order to defer crop insurance or federal disaster payments such as ERP you must meet the following steps: Be on the cash basis of accounting (almost all farmers are), Normally report at least 50% of your farm sales in the year after harvest
The Lunatic Farmer
SEPTEMBER 19, 2022
As food prices and availability take center stage in our media and discussions, the answer is not subsidies, regulations, or governmental intervention. The answer is good old freedom to stimulate opportunity and competition. Let the best players win. Not the biggest players. Not the players who can wrangle special concessions to stay open when others must close (re. covid when WalMart was “essential” and stayed open, but farmers’ markets were “non-essential” and ordered to close—that was the mom
Agribusiness Blog
SEPTEMBER 19, 2022
In our last post we mentioned that the lifetime exemption amount will likely increase in 2023 by almost $900,000 by far the highest increase on record due to inflation. Other tax adjustments will also increase and some of them may be substantial. In this post we will review some of the most common adjustments that will affect most farmers: The top 37% tax bracket will now kick-in about $50,000 higher for married couples.
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