ALL AG NEWS is a collection of articles for farmers, ranchers and others in agribusiness that rely on agriculture for their livelihood. It is a service of the only ALL FARM radio stations in Texas (900AM KFLP in Floydada-Lubbock, TX and 1310AM KZIP in Amarillo, TX) and is available live via the internet at: mms://stream.amaonline.com/kflp

All Ag Calendar

  • 10/08/09 -10/10/09 San Antonio International Farm & Ranch Show (www.farmandranchexpo.com)
  • 10/13/09 7:30am Ag Market Network's Monthly Cotton Conference Call (online at www.AgMarketNetwork.com) ***LIVE BROADCAST ON ALL AG, ALL DAY!
  • 10/14/09 9:00am Cattle Health Meeting in Plainview (806-291-5267)
  • 10/23/09 9:30am Prescribed Fire in Ranching Systems at the JA Ranch in Randall County (806-651-5760)
  • 10/28/09-10/30/09 Texas Cattle Feeders Association Annual Convention at Amarillo Civic Center (www.tcfa.org)
  • 10/30/09 9:00am Advanced Topics in Wildlife Management Series in Canadian, TX (806-323-9114)
  • 11/12/09 7:30am Ag Market Network's Monthly Cotton Conference Call (online at www.AgMarketNetwork.com) ***LIVE BROADCAST ON ALL AG, ALL DAY!
  • 11/17/09-11/18/09 Farm Service Agency Guaranteed Loan Program Lender Seminar in Lubbock (979-680-5220)
  • 12/05/09-12/07/09 Texas Farm Bureau Annual Meeting in Fort Worth, TX
  • 12/15/09 7:30am Ag Market Network's Monthly Cotton Conference Call (online at www.AgMarketNetwork.com) ***LIVE BROADCAST ON ALL AG, ALL DAY!
  • z01/04/10-01/07/10 Beltwide Cotton Conference in New Orleans, LA (www.cotton.org)
  • z01/13/10-02/25/10 Master Marketer Program in Amarillo (806-677-5600)
  • z01/27/10-01/30/10 Cattle Industry Convention & Trade Show in San Antonio, TX (www.beefusa.org)
  • z03/04/10-03/06/10 Commodity Classic in Anaheim, CA (www.commodityclassic.com)

Thursday, July 30, 2009

Legislation Would Encourage Local Wind Investments

Legislation has been introduced that would make it easier for farms and small-business owners to invest in wind energy. The Wind Energy Promotion Act - introduced by House Agriculture Committee Chairman Collin Peterson and fellow Minnesota Representative Tim Walz - would expand the eligibility of those who can receive benefits from the Renewable Energy Production Tax Credit. This legislation would not limit the ability of the current beneficiaries of the PTCs to continue receiving them.

PTCs are only useful to corporations and to individuals with large amounts of taxable investment income. As a result - most wind energy investments today are made by foreign multi-national companies and not by groups of Americans who want to join together to produce renewable energy.

The Wind Energy Promotion Act would amend the tax code to allow up to 40-thousand dollars of the PTC to be used against ordinary income. This passive loss exemption is similar to a 25-thousand dollar passive loss exemption that currently exists to encourage investments in oil and gas development and real estate.

GUEST INTERVIEWS

MONDAY
Bob Maurer with Manduca Trading in Chicago (800-388-0998)
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TUESDAY
Roger Haldenby, VP of Operations for Plains Cotton Growers (PCG)
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WEDNESDAY
Gerald Simonsen, Chairman of National Sorghum Producers (NSP)
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THURSDAY
Andy Holloway with Ash Angus LLC of Stamford, TX
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FRIDAY
Dr. Steve Amosson with Texas AgriLife Extension in Amarillo, TX
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The Agribusiness Report:
Listen for our Guest Interviews during the Agribusiness Report; weekdays at 2:10pm, 6:10pm, 10:10pm and the following morning at 8:10am. In addition, you can hear the Agribusiness Report on the following stations:
KBYG-AM Big Spring, TX
KCTI-AM Gonzales, TX
KDHN-AM Dimmitt, TX
KEYE-AM Perryton, TX
KFLP-AM Floydada, TX
KREL-AM Quanah, TX
KZIP-AM Amarillo, TX