Wednesday, October 28, 2020 1:44PM CDT
For most farmers, changes in Democratic nominee Joe Biden's tax plan would be negligible. But for farmers earning more than $400,000 a year, they would see higher income taxes, payroll taxes and the loss of some business and personal deductions. Capital gains rates become ordinary income for people earning more than $1 million. Estate tax exemptions would fall as well.
Wednesday, October 28, 2020 1:40PM CDT
EPA granted five-year registrations to three dicamba herbicides for use with Xtend crops in 2021, with nationwide cotton and soybean cutoff dates, and limited states' ability to further restrict them.
December corn is down 8 1/4 cents per bushel, November soybeans are down 11 1/4 cents, and December KC wheat is down 13 1/4 cents.
Cattle futures performed well Tuesday and have done so since the bearish Cattle on Feed report.Bids and offers should begin to be posted Wednesday but will likely be the usual few dollars apart.Hog futures followed a similar pattern as cattle, closing about a dollar off the highs of the day.