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AgDay Daily Recap -February 20, 2013

February 20, 2013
 
 

TODAY ON AGDAY
FEBRUARY 20, 2013

POULTRY EXPORTS:

GOOD MORNING I'M CLINTON GRIFFITHS. OFFICIALS IN WASHINGTON ARE TOUTING THE STRONG EXPORT SALES OF AMERICA'S AG GOODS. AS THE NUMBERS ROLL IN, RECORDS CONTINUE TO BE SET.

JOHANNS RETIRES:

OUT OF WASHINGTON, FORMER AG SECRETARY AND CURRENT NEBRASKA SENATOR MIKE JOHANNS SAYS HE'S NOT GOING TO SEEK REELECTION IN 2014. THE ONE TERM SENATOR WROTE IN AN EMAIL TO SUPPORTERS THAT ITS TIME FOR A NEW CHAPTER. HE AND HIS WIFE HAVE BEEN IN PUBLIC SERVICE FOR 32 YEARS. JOHANNS WAS AG SECRETARY UNDER GEORGE W BUSH.

SECRETARY VILSACK:

AND CURRENT USDA SECRETARY TOM VILSACK-- SAYS HE WON'T BE SEEKING AN IOWA SENATE SEAT. MANY THOUGHT VILSACK MIGHT RUN FOR DEMOCRAT TOM HARKIN'S POSITION. SOURCES TELL OUR PARTNERS AT PROFARMER THAT VILSACK MET WITH OFFICIALS AT THE DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE LAST WEEK TO DISCUSS A POTENTIAL RUN. PROFARMER SAYS VILSACK'S DECISION MAKES REPRESENTATIVE BRUCE BRALEY THE CLEAR DEMOCRATIC FRONTRUNNER. ON THE REPUBLICAN SIDE, IOWA REPRESENTATIVE STEVE KING IS CONSIDERED A LIKELY CANDIDATE. KING, COINCIDENTALLY, DEFEATED TOM VILSACK'S WIFE, CHRISTIE, IN THE NOVEMBER ELECTION.

1099 REISSUE:

IT'S TAX SEASON AND IF YOU RECENTLY GOT A 1099 FORM FROM THE NRCS, YOU BETTER HOLD ON. THE AGENCY SAYS THE IRS FORMS IT SENT OUT IN JANUARY MAY BE WRONG OR DIDN'T GET SENT AT ALL. REVISIONS SHOULD BE OUT SOMETIME NEXT MONTH. CONTACT YOUR LOCAL SERVICE CENTER MORE DETAILS.

TAX TIPS:

AND ON THAT NOTE, WE CONTINUE OUR TAX TIPS SERIES WITH EXPERT FARM CPA PAUL NEIFFER. HE SAYS 2013 IS A GOOD YEAR TO TAKE ADVANTAGE OF SECTION 179 AND BONUS DEPRECIATION, ESPECIALLY CONSIDERING THE MAJOR CUTS FARMERS COULD SEE IN THIS AREA NEXT YEAR. WHETHER IT'S BUILDING OR TILING, 2013 MAY BE THE YEAR FOR WORK THAT REQUIRES SIGNIFICIANT CAPITAL.

CROP WATCH:

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