Farm Credit East recently hosted a webinar with Dr. Charlie Hall, of Texas A&M University, to review green industry (including nursery, greenhouse and sod industries) operational and financial performance in 2023 and provide a 2024 outlook. Read on for the key takeaways from this webinar.
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Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny
In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
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Ag Economy
2021 Cash Field Crops Industry Snapshot
Cash field crops had a relatively good year in 2020, with most corn and soybean yields higher than 2019 averages. Ethanol production decreased due to reduced exports and domestic gasoline demand, however production levels should increase this year.
April 20, 2021
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