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AgDay Daily Recap -December 27, 2012

December 27, 2012
 
 

TODAY ON AGDAY
DECEMBER 27, 2012

WASHINGTON:

Good morning I’m Tyne Morgan, in for Clinton Griffiths. As we approach the end of the year, un-finished business in Washington is our top story.

TAX TIPS:

We're just days away from saying good-bye to 2012 and welcoming 2013. As that happens, many farm operations are busy finalizing year-end books and paperwork. AgDay has been brining you tax tips from farm CPA expert Paul Neiffer. In today's Paul’s Tax Tips, he discusses a bump in dividend tax rates and how you should  prepare now.

LSU SUGARCANE:

Some farmers are still bringing in this year’s sugarcane crop. It's not unusual.  In fact, it's been a very good year for many of Louisiana’s crops . They had record or near record high yields in 2012, including sugarcane. Most of the crop is in and some mills are still grinding the cane. LSU Agcenter correspondent Tobie Blanchard says farmers have been pleased with the harvest.

CROP WATCH:

Severe weather tore across the deep south on Christmas, spawning dozens of tornadoes from Texas to Alabama. As the weather charged north, heavy snows were generated in the Ohio valley. Frank Waugh from AgDay affiliate WNDU-TV in South Bend, Indiana joins us now with cropwatch.

CORN GROWING CHAMP:

A familiar face has again claimed top prize for this year’s corn growing contest sponsored by the National Corn Growers Association.

BEEF TODAY REPORT:

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