Ag land owners in Minnesota are eligible for enhanced incentives when selling or leasing to beginning farmers. The Minnesota Department of Agriculture says recent legislative changes have increased the tax credit amount to eight percent of the sale price for buyers and 12 percent... Read More.
The chairman of the House Appropriations Subcommittee on Agriculture said the proposed ag budget would reduce spending by removing Ag Secretary Tom Vilsack’s discretionary use of the Commodity Credit Corporation. The CCC was created to stabilize, support and protect farm income and prices. It... Read More.
A policy priority for the Minnesota Soybean Growers Association passed during the recently completed legislative session. President Bob Worth says the association has been seeking to raise the valuation limit of the Homestead Tax Credit for nearly three years. “The Homestead Tax Credit has not... Read More.