Blog Post

Tax implications of forced cattle sales amid drought

Drought and high feed prices forced many producers to sell off portions of their beef herd to survive, a move that likely has tax implications. Additional sales usually mean additional income taxes. Fortunately, Congress recognizes the impact weather can have on producers, and has two special tax provisions to reduce income tax liabilities. However, consult […]

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Shifting land-use could pressure Australian beef production

COMPETING land use could pressure Australian beef and lamb production capacity in coming years, a recent analysis shows. The battle for Australia’s land use is heating up with cropping, livestock production, forestry, conservation and government needs all competing for the same land, independent meat and livestock analyst Simon Quilty from Global Agritrends suggests in a […]

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