As we look forward to the current and future political landscape, one of the critical concerns for cattlemen and women, and for all small businesses nationwide, is a stable tax code. A stable tax code allows businesses to plan and manage profits and losses efficiently. The absence of a stable tax code, further adds uncertainty to an already volatile economy and commodity market. And while progress in this legislative session has been slow, at best, there may be momentum yet in 2014. This year, a number of tax provisions, important not only for the cattle industry but for the business community as a whole, expired. We lost key provisions like bonus depreciation, taking away our ability to accelerate depreciation schedules, and the Conservation Easement Tax Credit.
As many cattlemen and women know all too well, one of the greatest threats our industry faces is regulation from Washington, D.C. And for many years now, the industry has braced for a rule-making by the EPA and the Army Corps of Engineers that would substantially impact all uses and users of land, not just farming and ranching. That rule-making came this spring in the form of the EPA and Corps’ Waters of the United States proposed rule, or WOTUS.
Sustainability is a word we hear a lot in the beef industry these days. Some of the nation’s largest buyers of beef are heavily focused on the topic right now and I don’t think it’s a topic that will go away any time soon. You’ve no doubt heard McDonald’s plan to source verified sustainable beef by 2016. Walmart is also developing plans to ensure the sustainability of its beef supply chain.
The American Cattlemen likes to keep our readers informed about what the is going on in the Beef industry. Next generation of cattle producers discussing key issues in new blog "Cattle Call".”WASHINGTON (Sept. 23, 2009) — This is not your father’s cattle industry any more. The National Cattlemen’s Beef Association’s (NCBA) Young Producers’ Council (YPC) has motivated the newest faces of U.S. cattle production to tell their story on the organization’s blog, Cattle Call (http://ypcblog.beefusa.org/). Next generation of cattle producers discussing key issues in new blog “Cattle Call”