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Grain elevators desperate for tax bill fix

Key senators are scrambling to rework a benefit for farmer cooperatives that was created by the new tax law, and the fix couldn’t come soon enough for owners of private elevators like Doug Bell.  The co-op provision was meant to replace the cooperatives’ Section 199 deduction that the law repealed, but tax experts say that the new deduction is so lucrative that farmers will have a strong incentive to sell to a co-op rather than a privately owned or publicly held grain buyer. [node:read-more:link]

Low temperatures spell trouble for winter wheat

The extreme cold has been frustrating for many, but for some farmers, it’s a disaster. “It’s gotten so cold that the ground is actually freezing,” said Lakin farmer Kyler Millershaski.On his western Kansas fields, he’s seeing warning signs of winter kill.“The ground is actually shrinking, so you’ve got these cracks going down. The down side is that just causes the ground to dry out more.” Four months ago, September was a rainy month, and things looked great for Millershaski’s wheat.“It never rained since we planted it, so in the last three months, we haven’t gotten any measurable moisture. [node:read-more:link]

More genes are active in high-performance corn

When two maize inbred lines are crossed with each other, an interesting effect occurs: The hybrid offspring have a significantly higher yield than either of the two parent plants. Scientists at the University of Bonn have now investigated a number of genetically distinct hybrids. They showed that the offspring had many more active genes than the original parents. These results may help in the cultivation of even higher-yielding maize varieties. They are published in the journal Current Biology. [node:read-more:link]

MacAulay takes case for NAFTA to U.S. farmers

Lawrence MacAulay’s speech in support of the North American Free Trade Agreement (NAFTA) was well received by an estimated 5,000 people attending the American Farm Bureau Federation’s annual meeting in Nashville, Tennessee Jan. 7. The bureau, the United States’ largest farm organization, also supports NAFTA.“My message to you this morning is the Government of Canada is committed to working with you to strengthen Canada-U.S. [node:read-more:link]

Salmon escape leads Cooke into legal fight with Washington state

The escape of more than 160,000 salmon from a Cooke Aquaculture pen in Washington last year has led to a legal battle between the company and the state. Cooke Aquaculture Pacific is challenging a decision by the state's Department of Natural Resources to terminate the company's ease to operate a salmon farm in Port Angeles, about 128 kilometres west of Seattle. [node:read-more:link]

Robust Corn, Soybean Production Make Exports Increasingly Important

Dr. Cowley explained that, “Although farm income appears to have stabilized in the short to longer term, one risk to the outlook has been growing supplies. Yields for corn and soybeans have been above 20-year trend levels since 2014 and have contributed to increasing inventories.” “In addition, soybean inventories have doubled since 2015. Growth in U.S. [node:read-more:link]

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