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Posts Tagged ‘money’

The head of the USDA Rural Development Office says the work they’re doing is having a positive impact on Rural America. Undersecretary Dallas Tonsager says the 2011 Rural Development Fiscal Year 2011 Annual Report shows they have invested almost $29 Billion dollars and “created or saved an estimated 440-thousand” jobs through the rural business cooperative, [...]

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Many consider rural broadband access the key to rural economic growth. With it, small businesses harness the ability to take advantage of a global marketplace; without it, things like healthcare and education suffer, or at least that was the message during a recent field hearing. Jim Crum of U.S. Wellness Meats, a panelist in the [...]

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AGCO Introduces Sunflower 9900 Series Air Carts:  AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, proudly introduces the all-new Sunflower 9900 Series Air Carts. Constructed of stainless steel for an extended life span, the 9900 Series combines large tank capacities with the industry’s most unique seeding system designed to enhance [...]

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          Want to Make More than a Banker? Become a Farmer: If you want to become rich, Jim Rogers, investment whiz, best-selling author and one of Wall Street’s towering personalities, has this advice: Become a farmer… Read more Hot, Dry Season Putting Damper on Corn Yield Potential:   Late-planted Ohio corn may show signs [...]

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With the rapid increase in farm land prices over the last year or so, many farmers are now considering selling some farm land to lock in these high prices.  The Tax Code allows a farmer to reinvest the proceeds from this sale into other real estate using a tax-deferred exchange under Section 1031 (commonly known [...]

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The close relationship between gross cash farm receipts and machinery purchases suggests farmers buy big-ticket items when they have cash available and/or to reduce taxes. Planning the most cost-efficient machinery fleet, however, is far more complex than simply looking at the purchase price and potential tax write-offs. Dig through the details to discover the real bottom [...]

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