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SCOTUS decision on WOTUS delivers uncertainty

Current and future court challenges to the “waters of the U.S.” rule must be heard in federal district courts, not circuit courts of appeals, the Supreme Court said Monday in a unanimous decision that ultimately could lead to lawsuits filed all over the country. [node:read-more:link]

Cooperative Sales Could Reap Tax Breaks, or Not, While C-Corps Lose Some Attraction

While members of Congress try to deconstruct a tax-law change that drives farm sales to cooperatives over private companies, farmers are taking advantage of the law change and wondering whether they will get to continue reaping the rewards. Then there are the farmers who would like to take advantage of some of the new 20% tax breaks for pass-through income, but they sell their commodities through C corporations. Instead of a tax deduction, they could face higher tax rates if they do not restructure those corporations. [node:read-more:link]

WTO rules in favor of US in poultry dispute with China

The World Trade Organization (WTO) has ruled in favor of the United States, determining that China had failed to comply with an earlier ruling and faulting them for antidumping and countervailing duties imposed on U.S. chicken imports. With the latest ruling, China will be expected to lower its duties, unless it files an appeal within 20 days.The ruling is the latest development in the trade dispute that dates back to 2010 when China first implemented the antidumping duties of up to 105.4 percent, and anti-subsidy duties of up to 30.3 percent, according to a report from Reuters. [node:read-more:link]

Are farmers successfully managing their farm debt?

The nation’s farms are in a “new farm crisis” as Kansas State University experts put it during the Cover Your Acres Conference on Jan. 17 in Oberlin, Kansas. And, as Zerr and others in attendance would soon learn from the variety of speakers, it could be another crucial year as farmers battle to turn a profit—especially the ones struggling to make payments on their rising debt. Some financial woes are so deep that economists like Mark Wood questioned whether these farmers can stay in business. [node:read-more:link]

California to sue Trump administration for repeal of fracking rules

California’s attorney general said the state plans to sue the Trump administration over its repeal of Obama-era rules meant to address public safety concerns in hydraulic fracturing, or fracking, on federal lands. The federal government’s Bureau of Land Management (BLM) in 2015, under Democratic President Barack Obama, issued rules that would have required companies to provide data on chemicals used in fracking and to take steps to prevent leakage from oil and gas wells on federally-owned land. [node:read-more:link]

Food leads the manufacturing pack in Southern Nevada

Nevada’s manufacturing industry is heating up. But it’s not the type of manufacturing you might think. “It’s a multi-step process. Corn is cooked, washed and ground, then pressed out into tortilla chip shapes,” said Allan Perkins, director of manufacturing at Las Vegas tortilla chip manufacturer R.W. Garcia. “They are first baked at about 700 degrees Fahrenheit. Then they are lightly fried in corn or sunflower oil at about 330 degrees Fahrenheit.”Perkins said R.W. [node:read-more:link]

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