Agriculture has always been a complicated business in a constant state of change. Those who recognize and embrace this reality will succeed while others will be left behind.
These cyber-attacks are perpetrated by sophisticated criminals who tap into many of the technologies used by American farmers such as field sensors and equipment software, and these events are becoming more pronounced.
This summer, gas prices soared while inflation skyrocketed to a new 40-year high, putting a squeeze on American consumers who were just beginning to fully reengage with the market in the wake of the pandemic.
Together, Russia and Ukraine provide over 30% of the world’s wheat supply, just under 30% of the world’s barley supplies, about 15% of the global corn supply, and over 70% of the world’s sunflower oil.
U.S. Secretary of Agriculture Tom Vilsack took the stage (https://www.usda.gov/…) at the recent Climate Change Conference of the Parties (COP26) and made the administration’s stance clear: Climate change is happening and it will disrupt our food systems and the livelihood of our agricultural producers.
More than a dozen House Democrats are urging their leaders to ensure that family-owned farms and small businesses are exempt from plans to curtail stepped-up basis, a potential preview of legislative fights to come.
While much of the economy struggled through the pandemic, agriculture helped keep the country fed and afloat. Much of ag was also considered essential and avoided the lockdowns that crippled most of the nation.
American farmers and ranchers remain skeptical that the Biden administration will be an effective partner.
Mike Johanns and alliantgroup agriculture specialists want to help you benefit from lucrative tax incentives that can provide you with funding and reduce your input costs in 2021.
As we put 2020 in the rear-view mirror, the cattle industry should be preparing now to make this year better than the last one. Unfortunately, the election has not made the future any clearer for the industry, which makes planning for 2021 a little more difficult.