When one spouse dies, the surviving spouse can make a portability election. That means any unused federal gift or estate tax exemption can be transferred from the deceased spouse to the surviving spouse.

Soybean yields are expected to average a record-high 51.9 bu. per acre, up 0.5 bu. from 2021. “The biggest surprise of the report was government raising the national bean yield, up 0.4 of a bushel; the trade was actually expecting the yield would go down on this report,” says Jim McCormick, co-founder of AgMarket.Net.

How do your crops look? How soon will you be harvesting? Share your report with AgWeb's Crop Comments.

The world's largest fast-food chain is working to reopen several restaurants in Ukraine. Details in today's AgDay Minute.