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CTA Back in Effect and EU Deforestation Delay Reprieve for U.S. Cattlemen
The Agribusiness Update
The National Cattlemen’s Beef Association is reminding all producers that the Corporate Transparency Act filing requirements are back in effect, and the European Parliament voted to delay implementation of a deforestation regulation for one year, a reprieve for U.S. cattlemen.
New Deadline of January 13 for CTA Reporting
Southeast Regional Ag News
“The penalty for willful neglect is $500 per day, so it is something we're encouraging people to comply with,” says Jeff Poeschel, an accountant with Sundstrom and Company.
New Deadline for Corporate Transparency Act Filing
California Ag Today
An early-December injunction has been lifted resulting in a January 13 deadline for businesses needing to file BOI reports. The fine for willful neglect is $500 per day.
Financial Barriers for Modern Ag Technology
Farm of the Future
Netafim, the inventor of drip irrigation, wants to bridge the financial gap that keeps farmers from adopting modern technologies.
Why Did Court Halt CTA Reporting Requirements?
California Ag Today
The decision came days ago from the US District Court for the Eastern District of Texas.
Specialty Crop Program Applications and ACCESS Act Passes Senate
The Agribusiness Update
The USDA Farm Service Agency’s $2 billion Marketing Assistance for Specialty Crops Program is now accepting applications through January 8th, and the “Access to Capital Creates Economic Strength and Supports Rural America Act” unanimously passed in the Senate.
R-CALF Pleased on Court's Ruling on Corporate Transparency Act
Line on Agriculture
R-CALF USA CEO, Bill Bullard says that producers will save money by not having to comply with the Corporate Transparency Act.
Why did the Corporate Transparency Act Concern Farmers?
California Ag Today
A court in Texas has hit the pause button on a federal law filing requirement a lot of farmers considered burdensome and an overreach.
Fresh Pear Committee Nominees and Texas Court Halts Corporate Transparency Act
The Agribusiness Update
The USDA is seeking nominees for positions on the Fresh Pear Committee to fill two grower member and four handler member seats, and a Texas federal court halted the implementation of the Corporate Transparency Act’s beneficial ownership reporting requirements.
Farm Credit Merger in Florida and Georgia and Texas Court Halts Corporate Transparency Act
The Agribusiness Update
Farm Credit of Central Florida and Southwest Georgia Farm Credit have announced unanimous agreement to merger, and a Texas federal court halted the implementation of the Corporate Transparency Act’s beneficial ownership reporting requirements.
Courts Step In While Congress Delays CTA Discussion
Southeast Regional Ag News
The pause button has been hit on the corporate Transparency Act, or CTA, which would have required certain businesses to report ownership information by January 1 or be subject to possible large daily fines. The decision came from the US District Court for the Eastern District of Texas.
Trusting the Government with Your Business Info
Southeast Regional Ag News
Before a court interference, the corporate Transparency Act, or CTA, had required certain businesses to report ownership information by January 1 to the Financial Crimes Enforcement Network. Jake Parker is Secretary and General Counsel for the North Carolina Farm Bureau and says many people didn't trust the government with their private info.
Corporate Transparency Act Deadline Looms
Line on Agriculture
Registered business owners are required to file under the act, causing more burden for farmers.
Why Corporations Are Offering Money For Irrigation Technology
Farm of the Future
Why are big tech companies and food companies willing to cover the cost of drip irrigation technology for some farmers?
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
The Corporate Transparency Act Affects Farmers
Line on Agriculture
R-CALF United Stock Growers of America has signed onto a lawsuit that charges that the Corporate Transparency Act is a violation of constitutional rights.
Agriculture and the Presidential Campaign
California Ag Today
As the presidential campaign heats up, so does the reaction to everything said by the candidates. Today we’re focused on the Democratic ticket where recent political rhetoric blamed the meat and poultry industry for rising meat prices.
American Agriculture: A Family Business
Southeast Regional Ag News
According to a recent report, 97 percent of all U.S. farms are family-owned, and family farms account for 90 percent of all farm production by value.