The working groups are to submit their reports to the Finance Committee by May 2015. However, it will be surprising if this process moves quickly, if at all, this year as there is still a major partisan divide on tax reform issues.
Tax reform is high on the agenda of Congress this year. The movement started at the end of 2013 when it did not pass a tax extender bill for expiring provisions. Instead, that debate was punted to 2014 and was intended to be rolled into a broader, longer-term reform package. At the time, the chairmen of the Senate Finance Committee and House Ways and Means Committee, the tax-writing committees, were Senator Max Baucus (D-Montana) and Representative Dave Camp (R-Michigan), respectively. They started 2014 with p...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
