World Pork Expo Showcases Top Pork Priorities Including Prop 12, Facility…

first_img SHARE World Pork Expo Showcases Top Pork Priorities Including Prop 12, Facility Line Speeds Home Indiana Agriculture News World Pork Expo Showcases Top Pork Priorities Including Prop 12, Facility Line… Facebook Twitter SHARE Previous articleUSDA to Invest More Than $4 Billion to Strengthen Food SystemNext articleWorld Pork Expo is Back! Indiana Pork is There Hoosier Ag Today The urgent administration appeal of a recent federal district court ruling striking down faster harvest facility line speeds, legal action on California’s Proposition 12 and expanded export market access are among top U.S. pork producer priorities at this week’s World Pork Expo. Hosted by the National Pork Producers Council (NPPC), World Pork Expo is the world’s largest pork-specific trade show.“After a two-year absence, we’re thrilled for the return of Work Pork Expo, showcasing the latest developments in the U.S. pork industry,” said NPPC President Jen Sorenson, communications director of Iowa Select Farms in West Des Moines, Iowa. “U.S. pork producers have a number of near-term challenges and priorities, including a federal court ruling that, if implemented later this month, will cause tremendous harm to hog farmers across the country. We need the Biden administration to quickly intervene and prevent this disastrous scenario from becoming reality.”The federal court’s decision—which takes effect on June 29—struck down a provision of USDA’s New Swine Inspection System (NSIS) allowing for faster harvest facility line speeds. NSIS, initiated during the Clinton administration and evaluated at five pilot plants over 20 years, was approved for industry-wide adoption in 2019. NSIS modernized an inspection system that had remained unchanged for more than 50 years. At a time when the United States is seeking to increase much-needed pork harvest capacity, the court order will reduce plant capacity at six plants running at NSIS line speeds by as much as 25 percent. Smaller hog farmers will disproportionately bear the brunt of the court’s impact, undermining pork industry competition.Last week, Sen. Chuck Grassley (R-Iowa) and Reps. Jim Hagedorn (R-Minn.) and Dusty Johnson (R-S.D.) initiated letters—currently circulating for additional congressional signatories—to the U.S. Departments of Agriculture and Justice, urgently requesting the administration appeal the ruling to prevent the tremendous financial harm to American hog farmers.Additionally, NPPC is challenging California’s Proposition 12. Set to go into effect next year, it will impose arbitrary animal housing standards that reach far outside the state’s borders to farms across the country, while driving up costs for both pork producers and consumers. NPPC and the American Farm Bureau Federation have filed a lawsuit in the U.S. Court of Appeals for the Ninth Circuit, asking the court to strike down Proposition 12 as unconstitutional under the dormant commerce clause. Oral arguments were held in mid-April and a court ruling is anticipated by mid-summer.Compliance with Proposition 12 will cost individual farmers millions. The ones least able to bear that cost will be small family farms. Loss of this market will put many hog farmers out of business, ultimately leading to further industry consolidation. Despite requiring final implementation rules by Sept. 1, 2019, just two weeks ago the state issued its proposed rules. NPPC plans to file comments by the July 12 deadline.Other near-term priorities for U.S. pork producers include:Expanding export markets, crucial to the success of the U.S. pork industry. NPPC is focused on more immediate export opportunities in the Philippines and Vietnam, major pork-consuming nations dealing with African swine fever outbreaks in their domestic herds;Addressing agriculture labor reform. Current agriculture visa programs are designed for seasonal agriculture and do not meet the needs of pork production and other livestock agriculture. NPPC is urging Congress to address labor reform that both opens the H-2A visa program to year-round labor, without a cap, and provides legal status for agricultural workers already in the country; andContinuing to advocate for measures to ensure foreign agriculture diseases remain outside the country. NPPC is requesting congressional appropriations to strengthen biosecurity defense at our borders.Source: National Pork Producers Council news release By Hoosier Ag Today – Jun 9, 2021 Facebook Twitterlast_img read more

Inter Milan Sign Lukaku from Man Utd for £74m

first_imgLukaku’s agent, Federico Pastorello, flew to London on Wednesday in an attempt to resolve Lukaku’s future.Later that evening, Pastorello posted a photo on Instagram of them on board a private jet with the caption: “Ready to take off. Direction Milano.”United and Inter Milan had been some way apart in their valuation, with United wanting to recoup at least the £75m they paid Everton two years ago.Inter and fellow Serie A side Juventus have been competing to sign Lukaku, who did not play in pre-season because of an ankle injury.Inter manager Antonio Conte – who wanted to sign Lukaku when he was Chelsea boss – has said he remains his number one target, adding: “I consider him a player who could improve our team.”United have an interest in Juventus’ Croatian forward Mario Mandzukic, 33, who could reinforce their forward.Lukaku moved to United from Everton in 2017 and at the time was only the fourth player to score 80 goals in the Premier League before turning 24 – after Michael Owen, Robbie Fowler and Wayne Rooney.In his debut season, Lukaku became one of only 11 United players to score 25 goals or more in a campaign since 1992-93. Cantona, Andy Cole and current manager Ole Gunnar Solskjaer (25 each) are among the strikers who never matched Lukaku’s 27-goal tally in a United campaign.However, 26% of his United goals – 11 out of 42 – came in the first two months of his Old Trafford career.He has scored 42 goals in 96 appearances for United but was often overlooked in the second half of last season in favour of England striker Marcus Rashford.Lukaku’s impending departure leaves United with just three established forwards – Rashford, Anthony Martial and Alexis Sanchez – in addition to youngsters Angel Gomes, Mason Greenwood and Tahith Chong.United have spent £140m this summer on Harry Maguire,Aaron Wan-Bissaka and Daniel James.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Romelu Lukaku Inter Milan have reached an agreement with Manchester United to sign striker Romelu Lukaku for a fee that could rise to 80m euros (£74m).In July, United rejected Inter’s £54m bid for Lukaku, who was fined by the club after missing training on Tuesday.Belgium international Lukaku, 26, has trained at his former team Anderlecht for the past two days.last_img read more

CAF approves facilities for 2015 AFCON

first_imgConfederation of African Football (CAF) has expressed satisfaction with the preparation of host country of the 2015 Orange Africa Cup of Nations (AFCON), Morocco ahead of the competition.The CAF Inspection team travelled to the competition host cities namely; Rabat, Marrakech, Agadir and Tangier on 14th to 21st of April, 2014.CAF second vice president Almamy Kabele Camara, who led the inspection mission, said that CAF was satisfied with the quality of the inspected facilities (stadiums, hotels, roads, and telecommunications).The Moroccan government, represented by the Secretary General of the Ministry of Youth and Sports, Karim Aqary reaffirmed the commitment of the authorities to ensure every effort is not spared to make AFCON 2015 a success.Mr Agary also revealed that it was decided to work on improving the infrastructure of the stadium in Rabat in keeping with the high standards set at other venues.At each stage of the inspection visit, the CAF delegation met the administrative and municipal authorities of each of the host cities of the competition to lay the foundations for a partnership to ensure the success of CAF’s flagship competition which will be played under the theme of the “Celebration of Africa”. To enhance cooperation and coordination of the smooth running of the tournament, Morocco has created a platform where the Ministries of Higher Education, National Education and the Youth and Sports will work together with their representatives and those from host cities and football leagues, all pooling their resources to make it a successful AFCON finalsMeanwhile, CAF on 21st April, 2014 signed the Framework Agreement on the organization of the competition with the Royal Moroccan Football Federation (FRMF) in Rabat, Morocco.CAF was represented by its 2nd Vice President, Almamy Kabele Camara and FRMF by its President Fouzi Lekjaa at the signing of the 78 page document which lays out among others things, the legal framework for collaboration between the two institutions, defines the responsibilities of each stakeholder and actions to be executed in areas such as marketing, media, transportation, lodging, ticketing, accreditation, security and finances.CAF and the Moroccan AFCON 2015 LOC will meet again in Cairo Saturday, April 26, 2014, on the eve of the AFCON 2015 qualifying draw.The Organising Committee of the Africa Cup of Nations will among other things affirm official dates of the qualifying tournament schedule and the final tournament. The final draw will take place on November 26, 2014 in a city that will be named during next week’s CAF meetings in Cairo.last_img read more

Athletics win nail-biter, take series win in Houston

first_imgHOUSTON — The A’s beat the Astros, 3-2, on Thursday night to take a 3-1 series win at Minute Maid Park. The A’s are 6-2 in their last eight games against the Astros. Liam Hendriks got his 21st save, stranding the tying run on third in the ninth.Justin Verlander is a problem for everyone — a probable Cy Young candidate, after all — and the A’s are no exception. Only Khris Davis and Mark Canha have found overall, relative success against the Astros’ powerful right-hander.Roles switched up on …last_img

Qualified business income deduction for sales to cooperatives: Proposed regulations

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Barry Ward, Leader, Production Business Management, Director, Ohio State University Income Tax SchoolsSoon after the Tax Cuts and Jobs Act became law in December of 2017 it became evident that cooperatives had been granted a significant advantage under the new tax law. Sales to cooperatives would be allowed a Qualified Business Income Deduction (QBID) of 20% of gross income and not of net income. Sales to businesses other than cooperatives would be eligible only for the QBID of net income, which was a significant disadvantage. Suddenly cooperatives had an advantage that non-cooperative businesses couldn’t match and most of the farm sector scrambled to position themselves to take advantage of this tax advantage. Some farmers directed larger portions of their sales or prospective sales toward cooperatives. Non-cooperative businesses lobbied for a change to this piece of the new tax law while looking for ways to add a cooperative model to their own businesses to stay competitive.Congress passed the Consolidated Appropriations Act of 2018 in March of 2018, which eliminated this advantage to cooperatives and replaced it with a new hybrid QBID for sales to cooperatives which offered more tax neutrality between sales to cooperatives and non-cooperatives. While this new legislation leveled the playing field between cooperatives and non-cooperatives, it left many questions unanswered; chief among them was how taxpayers should allocate expenses between sales to cooperatives and non-cooperatives.One area that was clarified for calculating the QBID for all businesses including cooperatives was how certain deductions should be handled with respect to the Qualified Business Income Deduction (QBID).For purposes of the QBID (IRC §199A), deductions such as the deductible portion of the tax on self-employment income under § 164(f), the self-employed health insurance deduction under § 162(l), and the deduction for contributions to qualified retirement plans under § 404 are considered attributable to a trade or business (including farm businesses) to the extent that the individual’s gross income from the trade or business is taken into account in calculating the allowable deduction, on a proportionate basis.Under the final regulations, expenses for half the self-employment (SE) tax, self-employed health insurance, and pension contributions must be subtracted from preliminary QBI figure, before any cooperative reductions are made (if applicable).While final regulations on the new QBID were published on Jan. 18, 2019, there were still many questions left unanswered as to how the deduction would be handled in relation to cooperatives. As the QBID is calculated differently between the income from sales to cooperatives and non-cooperatives, taxpayers and tax practitioners were left with uncertainty.A simplified explanation of the steps used to calculate the QBID under Internal Revenue Code (IRC) §199A for income attributable to sales to cooperatives is listed here:Step 1: First, patrons calculate the 20% §199A QBID that would apply if they had sold the commodity to a non-cooperative.Step 2: The patron must then subtract from that initial §199A deduction amount whichever of the following is smaller:9% of the QBI allocable to cooperative sale(s) OR50% of W-2 wages paid allocable to income from sales to cooperativesStep 3: Add the “Domestic Production Activities Deduction (DPAD)-like” deduction (if any) passed through to them by the cooperative pursuant to IRC §199A(g)(2)(A). The determination of the amount of this new “DPAD-like” deduction will generally range from 0 to 9% of the cooperative’s qualified production activities income (QPAI) attributable to that patron’s sales.Parts of the new tax law do offer some simplification. Calculating the QBID isn’t necessarily one of those parts. The result of all of these calculations is that income attributable to sales to cooperatives may result in an effective net QBID that is:Possibly greater than 20% if the farmer taxpayer pays no or few W2 wages and coop passes through all or a large portion of the allocable “DPAD-like” deductionApproximately equal to 20% if the farmer taxpayer pays enough W2 wages to fully limit their coop sales QBID to 11% and the coop passes through all allocable “DPAD-like” deductionPossibly less than 20% if farmer taxpayer pays enough W2 wages to fully limit their coop sales QBID to 11% and the coop passes through less than the allocable “DPAD-like” deduction.On June 18, the IRS released proposed regulations under IRC §199A on the patron deduction and the IRC §199A calculations for cooperatives. The proposed regulations provide that when a taxpayer receives both qualified payments from cooperatives and other income from non-cooperatives, the taxpayer must allocate deductions using a “reasonable method based on all the facts and circumstances.” Different reasonable methods may be used for the different items and related deductions. The chosen reasonable method, however, must be consistently applied from one tax year to another and must clearly reflect the income and expenses of the business.So what “reasonable methods” might be accepted by the IRS? The final regulations (when they are provided) may give us further guidance or we may be left to choose some “reasonable” method in allocating expenses between the two types of income. Acceptable methods may include allocating expenses on a prorated basis by bushel/cwt or by gross sales attributable to cooperatives and non-cooperatives. Producers may also consider tracing costs on a per field basis and tracking sales of those bushels/cwt to either a cooperative or non-cooperative.Included in the proposed regulations released in June was a set of rules for “safe harbor”. A taxpayer with taxable income under the QBID threshold ($157,500 Single Filer / $315,000 Joint Filer) may ratably apportion business expenses based on the amount of payments from sales to cooperative and non-cooperatives as they relate to total gross receipts. In other words, expenses may be allocated between cooperative and non-cooperative income based on the respective proportions of gross sales that fall to cooperatives and non-cooperatives.Some questions that haven’t been answered clearly is how certain other income should be allocated between income from cooperatives and non-cooperatives. Tax reform now requires farmers to report gain on traded-in farm equipment. In many cases, farm income will be negative and all of the income for the business will be from trading-in farm equipment. The question is how do we allocate this income (IRC §1245 Gain)? Some commentators contend that none of these gains should be allocated to cooperative income which would eliminate the issue, however, the depreciation deduction taken on the equipment was likely allocated to cooperative income, thus reducing the effect of the 9% of AGI patron reduction. This would suggest that these gains may have to be allocated between cooperative and non-cooperative income.How should government payments be allocated? If a farmer sells all of their commodities to a cooperative and receive a government payment (i.e. ARC or PLC), should that be treated as cooperative income or not. Hopefully, the final regulations will provide some further clarity on these issues.The information in this article is the opinion of the author and is intended for educational purposes only. You are encouraged to consult professional tax or legal advice in regards to your facts and circumstances regarding the application of the general tax principles cited in this article.last_img read more

Entrepreneurs, Say No to (Poorly Run, Unnecessary) Meetings

first_imgWhy Tech Companies Need Simpler Terms of Servic… Related Posts audrey watters Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai…center_img 8 Best WordPress Hosting Solutions on the Market Tags:#start#tips Earlier this week, VC Mark Suster blogged the decree “Say No to Meetings.” Suster argues that time is an entrepreneur’s scarcest resource. And with all the pressures – from current and potential employees, vendors, and investors, Suster suggests that entrepreneurs learn to decline holding meetings. This may seem somewhat contradictory to the advice that entrepreneurs always stay in touch with advisors and investors. Suster clarifies, “I’m not saying “no more meetings” but rather “no, to more meetings.” As much as saying “no” to meetings is a rallying cry we could all get behind, some meetings are simply unavoidable. In order to make meeting less invasive to your busy schedule, Suster makes three suggestions:1. Ensure that meetings are short. Suster points to this video where Nicole Steinbok argues for the 22-minute meeting.2. Meet in your office. Not only does etiquette make it difficult to get up and leave a cafe promptly after 30 minutes, meeting outside the office adds commute time to the duration.3. Schedule something immediately afterwards. This puts a “hard stop” on the meeting. Some of the commenters to Suster’s post offered their own suggestions:Mark Solon recommended setting aside 1-3 hours per week in order to schedule a series of 20 minute meetings. Another commenter pointed to informal events, such as “Beer and Blog” in Portland and “Hops and Chops” in Seattle, as ways to hold “office hours,” of sorts, where folks can drop by. Others echoed the call for meetings by phone or check ins via email as alternates to face-to-face meetings.Of course, meetings aren’t necessarily bad. They just tend far too often to be mismanaged and/or unnecessary.There are at least two crucial things to do in order to counter that.1. Be prepared. Send everyone the agenda ahead of time.2. Participate. Make sure everyone who has something to say gets a chance to say it. The corollary of this is that if your input isn’t necessary, you shouldn’t attend the meeting.One of the best insights on meetings remains Paul Graham‘s “Maker’s Schedule, Manager’s Schedule.” Whether you are a maker or a manager or both, it’s important to recognize the disruption that meetings cause your schedule.last_img read more

Insights as a Service: 3 Principles for Making the Most of This New Opportunity

first_imgTags:#IaaS Serverless Backups: Viable Data Protection for … Insights as a service is a model experiencing supersonic growth, so it’s natural to wonder where it’s headed. Fortunately, there are some clues that can give us a sense of where and how it is likely to evolve.Consider what is fueling its growth. That starts with determining its added value in a marketplace already flooded with apps and other services. Essentially, IaaS is a cloud-mediated interaction with a company that processes your data and provides you with insights and business intelligence about it.Because it’s a service, it allows the user to request as little or as much insight as they require for businesses needs or quandaries they are facing.The Rise of IaaSBecause data is plentiful but the understanding of that data still lags behind, it’s unsurprising that the IaaS market was predicted by MarketsandMarkets to grow to well over $3.3 billion in the next few years.That lag comes amid options for acting on insights in real time, using artificial intelligence systems and clever new ways to ensure parts of a company’s online presence are hooked together. Without the right insight, all of that automation is underutilized.At the same time, companies are trusting the cloud more than ever as a model for offloading even their most critical operations. They’re also familiar with the subscription models that are used to pay for these services. IaaS, then, fits well to something they are already employing in other areas of their business, such as platform- or software as a service (PaaS or SaaS, respectively), which streamlines integrating this technology into their operations.In some cases, data can be seen as its own revenue stream, which insights can drive forward to greater scaling and growth. Or IaaS can help to increase data prioritization from what ‘s collected. In the end, companies can create a plan for measuring whether they are making best use of their data, how they collect it, and what they expect back from the IaaS. Generally, all of this works only if the company has identified exactly what challenges it’s attempting to overcome and has zeroed in on the type of data it needs.This can greatly reduce in-house costs and can allow the company to focus on the higher-level strategy instead of getting lost in the weeds of data analysis. From that comes better decisions, which drives better returns on all investments. That can be particularly valuable in outdated business processes, such as some supply chains.That’s all the more valuable when you consider that nowhere near enough companies appear to be able to analyze the data they have. An IBM Business Tech Trends study found that 20 percent of companies are up to the task of gathering data-based insights effectively.To avoid that pitfall, companies must be prepared to use the most effective path forward to capture insights that will drive growth. For most businesses, the best choice is to partner with an IaaS provider. Being informed about the best and most actionable principles for doing that can give leaders a great advantage as they plan their trajectory into the Data Age. So let’s take a look a few key ideas to keep in mind.1. Plan accordingly.Before you even begin, it’s useful to have a high-level view of how insights will fit into the short- and long-term future decisions at your company. This is a good time to ask yourself how much latitude you and your partners have for taking the company in a different direction if the data-based insights suggest you should pivot that way.In some cases, you may need to prepare to move in a whole new direction. Whether that is feasible will be constrained by financial and operational considerations. It’s good to have a clear sense of all that before you dive deeper.2. Determine the current data needs.First, it’s important to understand whether your company needs to use IaaS. Perhaps you can conduct your own analysis and generate insights in-house.A good step in that direction is to work toward opening up informational silos at your organization so that you can determine which data could be fruitfully shared among departments. Of course, that is a big undertaking and can present operational disruption and personnel challenges. You may wish to start small, sharing a moderate amount of data and seeing how that works. You can always turn to an IaaS provider at any time if you would prefer to compare their efficiency to your own efforts.3. Find the best partner.If you find that your time and resources would be better spent externalizing this work to a collaborator, it’s important to choose an IaaS partner wisely.Look for a company that has been working in this area for some time, uses the cloud as an interface, and can make use of multiple streams of data. In the end, they should be prepared to offer specific and actionable insights that you can take forward in your journey for growth.IaaS is poised to be a boon to growth in the marketplace in the next few years, and companies that are proactive about integrating it into their overall strategies will be well positioned to have the most effective approaches to their data-driven insights and tactics. Top Reasons to Go With Managed WordPress Hosting Sabrina ChamberlainSVP, Experience Analytics How Intelligent Data Addresses the Chasm in Cloud Cloud Hosting for WordPress: Why Everyone is Mo… Sabrina Chamberlain, SVP, experience analytics, RAPP LA, applies analytics-generated insights to achieve growth in startups and big-name brands. Related Posts last_img read more

Pixar Releases RenderMan Free to the Public

first_imgDownload your free non-commercial version of RenderMan today!If you’re into 3D animation, modeling, or VFX work then you probably heard the announcement last June about Pixar’s intention to release its proprietary render engine RenderMan to the public for free. Now the wait is over. As of today, you can now download, install, and use it for non-commercial purposes for free.Unlike other 3D software companies, Pixar is releasing the free version of the software with no limitations. This means that you will get the fully functional render engine for free with no time limit or watermark. RenderMan Interface Snapshot via SphereFXAs of right now, the software is only available for use in Maya and KATANA, but Pixar is currently in development to make it available for Cinema 4D and Houdini.  If you’re a 3D artist who works in either Maya or KATANA you can get your copy today by visiting Pixar’s download page. While you’re there, you can get over five hours of free video training to help you get up to speed with the RenderMan workflow.When you’re ready to upgrade to a commercial license, you can do so at any time. Pixar has also created a new RenderMan community where users can ask questions, share tutorials, and showcase their work with RenderMan. Pricing and AvailabilityThis non-commercial version of RenderMan is available for free to download on Pixar’s website. The software is compatible with Mac, Windows, and Linux operating systems. Keep in mind that it is currently only compatible with Maya and KATANA.Want to learn more about working with RenderMan? Check out a few of the following resources:RenderMan Community – PixarRenderMan Courses – Digital TutorsRenderMan Home – PixarHave you used RenderMan? Looking forward to snagging it for free? Share your experience in the comments below.last_img read more

Nearly 200 elementary students in Chula Vista receive new bikes

Nearly 200 elementary students in Chula Vista receive new bikes

first_img Posted: December 12, 2018 December 12, 2018 Updated: 8:19 PM 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsCHULA VISTA (KUSI)- Nearly 200 elementary students at Harborside Elementary in Chula Vista got a wonderful surprise today, an early visit from Santa and a new bike!KUSI’s Elizabeth Alvarez has the details. KUSI Newsroom, center_img Categories: Local San Diego News FacebookTwitter Nearly 200 elementary students in Chula Vista receive new bikes KUSI Newsroom last_img read more