2023 was a challenging year for wood products markets. Rising interest rates hampered demand while capacity ramped up across the south. Paul Jannke, a forest industry expert with Forest Economic Advisors (FEA), recently presented his perspective on the region’s forest product markets and economic outlook.
Today’s Harvest Blog
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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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Lessons from the Pandemic: Animal Protein Sector's Resilience
From long lines to empty supermarket shelves, the onset of the COVID-19 pandemic in the spring of 2020 caused disruptions in our food system like we have never experienced in our lifetime. In this first installment of our Lessons from the Pandemic series, we take a look at the animal protein sector.
May 18, 2021
Ag Economy
2021 Vegetable Industry Snapshot
Vegetable growers in the Northeast experienced significant draught in 2020, which is continuing through 2021. Growers selling to foodservice markets had to adjust their marketing, but those selling to grocery stores or direct-to-consumer have seen good sales. Like other agricultural commodities, vegetable demand has shifted but is still strong.
May 04, 2021
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