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August 4, 2022
 
 
 
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What Changed Senator Manchin's Mind About $740B Reconciliation Bill?
 
The Congressional Budget Office says the reconciliation bill, dubbed the "Inflation Reduction Act," cuts the deficit by $102 billion. As debate nears, some legislators are pushing for changes to tax credit limits for electric vehicles and a possible carried interest loophole.
 
 
 
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You have the opportunity to attend a Pro Farmer Crop Tour nightly meeting or watch a brief broadcast online this year. The 2022 event will run from Aug. 22-25.

Reserve Your Front-Row Seat for the 2022 Pro Farmer Crop Tour
 
 
 
 
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Another interest rate hike by the Federal Reserve last week has ag lenders and economists watching the possible impact on the number of U.S. farmland sales as well as price.

Here's Why Buying U.S. Farmland Just Became More Expensive
 
 
 
 
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For many years, the IRS, in Publication 225 (The Farmers Tax Guide), had indicated farmers could not elect to defer crop insurance proceeds to the following year for revenue protection policies. It appears the IRS has updated this publication. Paul Neiffer explains what this could mean for you.

IRS Finally Updates RP Crop Insurance Deferral Options
 
 
 

Food insecurity appears to be creeping back up in the U.S. Details in today's AgDay Minute.

25 Million Adults Didn't Have Enough to Eat in July
 
 
 
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