Any change in capital gains tax policy that eliminates or scales back stepped-up basis could result in a massive tax burden on the agricultural sector according to new analysis by the American Soybean Association and the American Farm Bureau Federation.
27 leading food and agriculture associations have sent a letter communicating growing concerns over the rapid deterioration of the U.S.-Mexico trade relationship to Agriculture Secretary Thomas Vilsack and U.S. Trade Representative Katherine Tai.
In early March the Senate passed, on a party-line vote, the $1.9 trillion COVID-19 relief package (The American Rescue Plan Act of 2021). While much of the coverage of the legislation has focused on the $1,400 stimulus checks for qualifying individuals, extended unemployment benefits, a moratorium on evictions and foreclosures and increased assistance through USDA’s Supplemental Nutrition Assistance Program, there are several agricultural-related provisions.
This article provides a primer on agriculture ecosystem credit markets. With so many emerging ideas and platforms, it’s important to explore how these markets are developing and operating, as well as who is behind them and why.
The most recent data from the Environmental Protection Agency’s Greenhouse Gas Inventory Data Explorer reveals U.S. greenhouse gas emissions in 2018 totaled 6.7 billion metric tons in CO2 equivalents, up 2%, or 188 million metric tons, from the prior year (Agriculture’s Greenhouse Gas Emissions and Sinks).
In this Ask the Expert, Dr. Joe Outlaw answers a few questions about USDA’s Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. Joe is a Regents Fellow, Professor and Extension Economist in the Texas A&M University’s Department of Agricultural Economics.
The Agricultural Retailers Association has released a study, Economic Impacts to U.S. Biofuels, Agriculture, and the Economy from Subsidized Electric Vehicle Penetration, that describes the economic impact to the American agriculture and biofuels industries by policy proposals to dictate demand to outright bans of the internal combustion engine.
The Office of the U.S. Trade Representative (USTR) and the U.S. Department of Agriculture (USDA) issued a report highlighting the progress made to date in implementing the agricultural provisions in the U.S.-China Phase One Economic and Trade Agreement.