Willie Vogt Crop insurance penalty eliminated for farmers who plant cover crops for animal feed or livestock grazing in response to extreme weather events.
Suggested Event
Jun 15, 2021 to Jun 17, 2021
Farmers who plant certain cover crops on prevent plant acres after bad weather prohibits timely planting would have more flexibility to avoid facing crop insurance penalties under a bipartisan bill introduced in the U.S. Senate.
The Cover Crop Flexibility Act of 2021 introduced by Sens. Debbie Stabenow, D-Mich., chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, and John Thune, R-S.D., would permanently lift crop insurance penalties for farmers who plant cover crops that can be used for animal feed or livestock grazing in response to extreme weather events.
WASHINGTON â A group of 13 House Democrats, led by Iowaâs Cindy Axne and Californiaâs Jim Costa, is pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets to help pay for new child care, education and other spending.
Under Bidenâs $1.8 trillion package of family-related assistance, heirs would no longer receive âstepped up basisâ for capital gains tax purposes, which resets the value of inherited property to the date of death. Instead theyâd be liable for the tax on the full appreciation in value from the time the original owner purchased the assets, in some cases many decades earlier.
AP
Iowa Rep. Cindy Axne is among 13 Democrats pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets.
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WASHINGTON A group of 13 House Democrats, led by Iowa’s Cindy Axne and California’s Jim Costa, is pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets to help pay for new child care, education and other spending.
Under Biden’s $1.8 trillion package of family-related assistance, heirs would no longer receive “stepped up basis” for capital gains tax purposes, which resets the value of inherited property to the date of death. Instead they’d be liable for the tax on the full appreciation in value from the time the original owner purchased the assets, in some cases many decades earlier.
Getty Images Private landowners will be closely watching how Biden administration looks to collaborate on working lands and private lands.
The Biden administration outlined ideas May 6 in achieving the nationwide conservation goal to conserve 30% of U.S. lands and waters by 2030. As the report was identified as “big on ideas, short on details,” by the American Farm Bureau Federation, several groups weighed in on how this administration will proceed in accomplishing its lofty conservation goals.
The preliminary report - Conserving and Restoring America the Beautiful - is a joint effort from the United States Department of Agriculture, Department of Interior, Department of Commerce and Council on Environmental Quality. It is the Administration’s initial effort toward developing the executive order signed in President Biden’s first days of office.
Aug 31, 2021 to Sep 02, 2021
A focus on conservation of irrigation water and nutrient use efficiency has led Andy and LaVell Winsor to experiment with subsurface drip irrigation technology.
The Winsors farm the diverse contours, soil types and bottom ground of the Kansas River Valley between Topeka and Lawrence, Kan. They are installing the final phase of a drip tape project that began in 2015, using a 2020 Conservation Demonstration Grant from the American Soybean Association (ASA), funded by the Walton Family Foundation.
ASA and Walton Family Foundation Conservation Champions and ASA Conservation Legacy Award winners from the past five years were eligible to apply for the grant. The Winsors’ farm was one of three farm operations to receive a cost-share grant this past fall to demonstrate new next-level conservation practices.