A new FSA rule now treats LLCs and S corps as pass-through entities, prompting farmers to reconsider entity structure, weighing S corp tax savings against partnerships' greater flexibility and debt-basis advantages.
USDA on Friday revised its corn estimates for September, citing a processing error involving acreage weights that affected yield estimates out of Kansas and Nebraska. Despite the revisions, USDA did not change its October yield projection of 181.2 bushels per acre or its production projection of 16.034 billion bushels.
Corn was 60% harvested, and the remaining crop was rated 56% in
good-to-excellent condition as of Sunday, Oct. 25. Soybeans were 79% harvested.
BUSDA Weekly Crop Progress Report
With ample fundamental support, the cattle complex continues to rally
higher and higher.
7^Sort and Cull
A new FSA rule now treats LLCs and S corps as pass-through entities,
prompting farmers to reconsider entity structure, weighing S corp tax savings
against partnerships' greater flexibility and debt-basis advantages.
4^Taxlink
USDA on Friday revised its corn estimates for September, citing a
processing error involving acreage weights that affected yield estimates out of
Kansas and Nebraska. Despite the revisions, USDA did not change its October
yield projection of 181.2 bushels per acre or its production projection of
16.034 billion bushels.
BUSDA Acknowledges Corn Crop Yield Error
Last month in the column, we discussed which tractors farmers utilize on
their augers. For my own family's eastern Nebraska farming operation, it has
always been my grandpa's last tractor, a 1957 John Deere 620. We had several
farmers respond with their own favorite auger tractors they use at their own
bin sites.
BRuss' Vintage Iron
