Changeable federal policies are seen as risky to companies making
large infrastructure investments in ethanol. Supporters seek government loan
guarantees to help boost pipeline projects.
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Last week's USDA report was expected to sound the death knell for the
corn market as yield and ending stocks skyrocketed. However, a funny thing
happened on the way to the coffin.
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While yield predictions improved in Indiana and eastern Illinois, a
lot of that yield, particularly in soybeans, will depend on rains in the next
week. In the west, yields looked slightly lower than 2007 in Nebraska, and
moisture also continued to be less than a year ago.
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In the race to beat a sudden price increase on his 2009 tractor
order, full-time farmer and consummate dealmaker Adam Erwin says he feels like
a crime victim: His tractor costs just galloped more than $10 an hour.
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Readers pose questions to DTN's agricultural tax authority, CPA Andy
Biebl. This time, Andy outlines how U.S. farmers with a Brazilian operation may
pay double taxes and a surprising election that lets you choose to deduct
prepaid fertilizer purchases or stretch out the tax benefits.
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