Chuck Conner

While there is a lot of talk about carbon markets for farmers, one expert says, "I wouldn't consider there to be a working market right now for carbon." Dr. Joe Outlaw, Texas A&M University economist, said there's a lot of inconsistency in the values and prices attached to the same exact farm practices with, sometimes, no clear explanation given for those prices. ...

The farmer cooperatives want the Trump administration to withdraw proposed tax rules that they say would raise taxes on farmers and ranchers nationwide. On Thursday, the Executive Council of the National Council of Farmer Cooperatives asked the Treasury Department and the Office of Management and Budget to withdraw a proposal that would implement Section 199A(g) of the tax code ...

The National Council of Farmer Cooperatives says the tax reform package being unveiled soon in DC is expected to eliminate a deduction that will increase taxes on farmers.  Section 199, otherwise known as the Domestic Production Activities Deduction, was put into place in 2004 to encourage businesses to boost domestic production.  ...