Industry News

Purdue Experts Analyze August USDA Crop Report

Writer : Chad Campbell   WEST LAFAYETTE, Ind. – A panel of Purdue University experts and the the Indiana state statistician from the USDA’s National Agricultural Statistics Service Information (NASS) convened Friday (Aug. 10) at the Indiana State Fairgrounds by Karen Plaut, the Glenn W. Sample Dean of the Purdue College of Agriculture, to discuss the results of the USDA’s August Crop Report for Indiana and to…

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Accounting for Agriculture: Federal Withholding after New Tax Bill

By Austin Duerfeldt – Nebraska Extension Agricultural Systems Economist Educator The new US tax bill is in full effect. While we wait for the IRS to provide a full interpretation, we do have more information on some sections. One in particular that has some tax preparers nervous for their clients is federal withholding. With the higher standard deduction and changes in child credits, taxpayers may need…

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Cattlemen Wrap Up Another Successful Summer Business Meeting

DENVER (Aug. 4, 2018) — More than 700 of the nation’s cattle industry leaders wrapped up another successful Summer Business Meeting in Denver today, with the National Cattlemen’s Beef Association’s board of directors formally adopting policy positions on issues like international trade, the regulation of fake meat, and modernizing the Endangered Species Act.“America’s top cattle producers came together this week and worked hard to ensure that…

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Trade turbulence and global agricultural markets

By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist   Agricultural markets are caught in a whirlwind of trade disruptions.  Direct market shocks will lead to ripple effects likely to affect most agricultural markets worldwide in the coming months. It’s important to have a global perspective of major agricultural markets in order to anticipate how markets may be impacted.  The following global market…

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Tremendous First Half for U.S. Beef Exports; Pork Exports Still ahead of 2017 Pace

Strong June results capped a huge first half of 2018 for U.S. beef exports, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). June pork exports were lower than a year ago for the second consecutive month, but first-half volume and value remained ahead of last year’s pace. Beef muscle cut exports set a new volume record in June of…

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