The federal tax reform plan coming out of congress makes major changes to the tax code. Pat Wolff, AFBF senior director of congressional relations, says Farm Bureau is reviewing the plan to ensure the effective tax rate lessens the tax burden for America’s farmers and ranchers…
“We’re studying it now. We don’t know if it will be good or bad for farmers in the end because farmers are being asked to give up a lot of deductions that they have for that new rate.”
Wolff calls it a bold proposal that she expects to move through Congress quickly.
Commodity Group Offers Emission Paperwork Guidelines
U.S. Poultry & Egg Association said it has developed documents to assist poultry and egg producers in making a good faith estimate of air emissions for new federal reporting requirements on the release of hazardous substances from farm animal waste.
All farms must begin reporting the releases on Nov. 15, according to the U.S. Environmental Protection Agency, which has outlined reporting obligations for animal agriculture under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) and the Emergency Planning Community Right to Know Act (EPCRA).
USPOULTRY’s reporting guidance documents can be located on the group’s website under the Regulatory Programs Support and Assistance menu.
USDA Announces 2018 Farm Safety Net Enrollment
Enrollment for farm bill safety net programs was open as of Wednesday. The Department of Agriculture announced the enrollment period this week for farmers and ranchers with base acres in the Agriculture Risk Coverage, known as ARC, or Price Loss Coverage, known as PLC, safety net program may enroll for the 2018 crop year. The enrollment period will end on August first of next year. Producers on a farm that are not enrolled for the 2018 enrollment period will not be eligible for financial assistance from the ARC or PLC programs for 2018 should crop prices, or farm revenues fall below the historical price or revenue benchmarks established by the program, according to USDA. Producers who made their elections in previous years must still enroll during the 2018 enrollment period.
Clovis Withdraws Name from USDA Nomination
Sam Clovis withdrew his nomination to a Department of Agriculture post last week. President Trump nominated Clovis earlier this year to serve as USDA’s undersecretary for research, education and economics, effectively known as the USDA chief scientist position. His nomination faced a tough road as some in the Senate questioned his qualifications for the USDA post.