News
U.S. Pork to Argentina
Published April 13, 2018
The United States and Argentina finalized an export certificate allowing U.S. pork to be shipped to Argentina. The National Pork Producers Association says the new opening represents the first time in 25 years U.S. pork will be allowed into Argentina.…Trump Showing Interest in TPP
Published April 13, 2018
More than one year after pulling out of the Trans Pacific Partnership (TPP) trade agreement, President Trump is asking his top economic advisers to study the possibility of re-joining the trade pact. President Trump deputized U.S. Trade Ambassador Robert Lighthizer…A Buffer Tax Credit Costs Money
Published April 13, 2018
Minnesota Farmers Union Director of Government Relations Thom Petersen thinks Governor Dayton could be supportive of the proposed tax credit for buffers. “Actually, Governor Dayton had originally proposed something similar two years ago. I think Representative Anderson’s bill would be…To Split or Not to Split?
Published April 13, 2018
The University of Missouri Food and Agricultural Policy Research Institute (FAPRI) Director Pat Westhoff says Chairman Conaway needs 60 votes for support of the farm bill proposal. “The argument is he needs to be able to put together a package…A Visit to the White House
Published April 12, 2018
President Trump announced Thursday there will be E15 available in the U.S. year-round. North Dakota Governor Doug Burgum attended the White House meeting and shared this update with RRFN. “While it doesn’t represent a signature yet, President Trump was certainly positive…IRS Guidance on Section 199 Deduction
Published April 12, 2018
After tweaking Section 199A of the tax reform bill, the Domestic Production Activities Deduction (DPAD) was reinstated for cooperatives. CHS Director of Taxation Jim Heine says the Section 199 issue should be settled, for now. However, there has been no…MFU Wraps Up Rural Voice Discussions
Published April 12, 2018
Minnesota Farmers Union has wrapped up a series of Rural Voice Discussions. At Wednesday's session in Crookston, MFU Vice President Brian Klabunde said farmers need support in a tough farm economy. "Crop insurance is so important, as well as ARC/PLC…First ‘Saltie’ of the 2018 Season
Published April 12, 2018
The first ‘saltie’ (or ocean vessel) of 2018 has made its way to the Port of Duluth-Superior. From there, the vessel is expected to start loading 21,400 metric tons of durum bound for Algeria at the CHS terminal Monday morning.…Peterson Introduces Dairy Risk Management Act
Published April 12, 2018
House Agriculture Committee Ranking Member Collin Peterson has introduced the Dairy Risk Management Act. Peterson says the legislation would provide dairy farmers with a strong safety net to address volatile market conditions outside of their control. It also addresses the…