Tuesday, November 20, 2018 12:03PM CST
Farmers will need to adjust their mindset on taxes since some of the biggest changes under 2017 tax reform makes it beneficial to avoid claiming a loss. The first of this three-part series discusses changes to the rules governing net operating losses and how deferred payment contracts could give your accountant room to maneuver.
December corn was up 3/4 cent, November soybeans were up 1/2 cent, and December KC wheat was up 3/4 cent.
Lean issues should open with uneven price action thanks to residual buying on one hand and long liquidation on the other. Similarly, live and feeder issues are likely to initially churn on both sides of unchanged until cash potential becomes more real.