USDA Resumes Continuous CRP Enrollment

A new window has opened for sign-up for the Conservation Reserve Program (CRP).  USDA will resume allowing continuous CRP sign-ups from June 4 through August 17. According to USDA, producers with contracts that will mature Sept. 30 and have a contract term of 14 years or less will also be able to enroll for a one-year extension during the same sign-up period.  However, producers with contracts that would breach the 15-year limit with a one-year extension are not eligible. According to Pro Farmer’s Jim Wiesemeyer, USDA has not allowed continuous sign-ups under CRP so far in fiscal year 2018 as …

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RLI LANDU Education Week

Greg Good (back row), CLB Sales Associate and Perryton Branch Office Manager, recently attended the Realtor Land Institute LANDU Education Week in Arlington, TX. June 11, 2018 (Chicago) – The Realtors® Land Institute (RLI), an affiliate of the National Association of Realtors®, is proud to announce a record-setting number of land real estate professionals in attendance at their annual LANDU Education Week. Fifty attendees from fourteen states gathered in Arlington, TX, last week to gain top-notch expertise through RLI’s Land University (LANDU) Education Program. Twenty-one of those students completed all 6 courses being offered towards the elite Accredited Land Consultant …

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What the New Tax Law Means for Agriculture

New article May 16, 2018 by Farm Credit Bank of Texas (land.com) The largest overhaul of the U.S. tax code in three decades went into effect this year, impacting farmers, ranchers and other rural landowners in a variety of ways. For the most part, financial experts anticipate benefits for these groups. “The 2018 tax law changes include several items that I feel will be beneficial to agricultural producers,” says Burl Lowery, a Brownwood, Texas, certified public accountant and director of Central Texas Farm Credit. “The increase in the exemption in estate and generation-skipping taxes to $11.2 million in 2018 will …

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