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    August 27th, 2015


    Midwest Cropland Values Continue to Drop

    The Chicago Federal Reserve released their latest AgLetter earlier this month and their survey of land values in Iowa, Illinois, Indiana, Wisconsin and Michigan found annual decreases in cropland values in Iowa and Illinois of about 6-7% and small increases Indiana and Michigan.  Indiana values were actually up a bit from the first quarter and up […]

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    August 24th, 2015


    IRS Delays New Inherited Property Reporting Requirements Until February 2016

    On July 31, 2015, President Obama signed the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 which included a new provision requiring reporting of income tax basis of property inherited if the estate was required to file an estate tax return.  This new provision applies to estates that occurred after July 31, 2015. […]

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    August 23rd, 2015


    Lightning Storms Can Delay Planes

    I finished up with the Pro Farmer Midwest Crop Tour Thursday night, but ended up traveling to Kansas City early Friday morning for some meetings through Saturday.  I flew home from Kansas City Saturday afternoon via Minneapolis.  We were scheduled to fly out of Minneapolis Saturday at 8 pm and our plane was the last […]

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    August 21st, 2015


    The Final Day of the Crop Tour

    On Wednesday, the Pro Farmer had the very first sample that ever went over 300 bushels per acre.  It was taken in NW Iowa and the record lasted for only one day.  On our route through SW Minnesota, we made a stop and happened to hit a field that had 20″ rows.  Our scouts went out […]

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    August 19th, 2015


    Wow!

    I have been doing the Pro Farmer Midwest Crop Tour for six years now.  The first two in the West, the next three in the East (including last years bumper crop) and this year in the West.  Until today, the most samples I ever saw on one route over 200 bushels was last year through […]

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    August 18th, 2015


    Highway Use Tax Return Due August 31, 2015

    The IRS released an announcement today reminding owners of heavy highway vehicles that Form 2290 is due by August 31, 2015 to pay their excise taxes for these vehicles.  The tax is normally for the period from July 1 to June 30 and is required for those farmers who operate semi-trucks (which there a lot […]

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    August 18th, 2015


    A Tale of Two Days

    Yesterday on the first day of the crop tour, I was pleasantly surprised by the South Dakota corn and soybean crop.  However, the corn crop in NE Nebraska on our route was at best average (in my opinion), but most everyone else indicated it was above average. Today’s route found us heading south out of […]

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    August 17th, 2015


    First Day of the Midwest Crop Tour

    Today was the first day of the Pro Farmer Midwest Crop Tour.  This is my sixth straight trip on the tour and after spending the last three years on the Eastern Leg, I decided to spend this year on the Western Leg.  My expectations for today was to see good crops in South Dakota and […]

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    August 15th, 2015


    The ProFarmer Midwest Crop Tour

    This will be my sixth year in a row of doing the Pro Farmer Midwest Crop tour.  My first two years I did the western leg, the last three were on the eastern leg and this year I go back and tour the western leg.  Here is a map from Pro Farmer showing the locations […]

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    August 13th, 2015


    One Last Combine Ride

    Most of the wheat harvest is done for this year near Walla Walla, however; I was able to get one last ride in today on one of my client’s Case IH 8010’s (have to plug those red machines all I can).  They were finishing up a field just north and a little west of Dayton, […]

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