Ag Barometer: Farmers Are Optimistic About Crop Prices, Farmland, COVID Vaccine
On one hand, the barometer shows some farmer optimism, thanks to the ongoing rally in crop prices. On the other hand, concerns about government policies and their potential impact on the future of trade are tempering that optimism, says Jim Mintert.
Do You Get to Deduct PPP Loan Interest You Did Not Pay
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is non-taxable and all related deductions to the PPP loan forgiveness is allowed.
Bayer Announces “Holistic Solution” For Roundup Case Resolution
Today, Bayer announces it has reached a formal agreement on a plan to manage and resolve future cases involving Roundup. As part of the deal, the company would pay up to $2 billion to support claims and programs covered by the plan.
COVID-19 Case Rates Still Lower in Packing Plants Than General Population
A new report from the Meat Institute shows new COVID-19 infection rates among meat and poultry workers are 60% lower than in the general U.S. population and two-thirds lower than case rates in the sector in May 2020.
Easterday Ranches Files For Chapter 11 in Wake of Tyson Suit
Easterday Ranches Inc. filed for Chapter 11 bankruptcy protection on Monday following a civil lawsuit filed last week by Tyson Foods, Inc., alleging the company defrauded Tyson of more than $225 million related to 200,000 cattle that did not exist.
Have you voted in the #FJFieldDays and Machinery Pete Favorite Tractor contest yet? Log in and take a look at the entries in the Main Stage. Check it out here: farmjournalfielddays.com. Voting ends Feb. 16.
