It’s Time to Share Yield Data with Crop Insurance Agent

If you’re planning to buy farm equipment before the end of the year, here’s a refresher on two tax tools you can use.

Each year, EPA sets a renewable fuel standard (RFS), which requires gas and diesel be blended with a minimum volume of renewable fuels. Small fuel refiners can petition EPA to be exempt from fulfilling the RFS obligations due to “disproportionate economic hardship.” In a study released on Thursday, the U.S. Government Accountability Office found small oil refineries pay more than larger competitors to fulfill their blending obligations.

Drought in June and July that resulted in a 10" moisture deficit coupled with heat caused significant tip back in Chuck Shelby’s corn crop. "Although we weren't as hot as the western states, we still had a lot of 95- and 97-degree days. I think that impacted the abortion on the end of the kernels and is probably where the biggest yield loss occurred."

How much more could your Thanksgiving dinner at home cost this year? The answer, in today's AgDay Minute.