Dec 7, 2017
On today’s episode: a new online tool helps producers compute the capital gains tax liability of a land sale; factors influencing the agricultural economy, including interest rate trends; the latest agricultural news; starting a home compost pile …
Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Eric Atkinson and distributed to radio stations throughout Kansas and as a daily podcast.
00:01:29 – New Online Tax Tool For Producers: K-State agricultural economist Terry Griffin and Texas A&M agricultural law specialist Tiffany Lashmet talk about the new on-line aid that they have created for agricultural producers to use when determining the capital gains tax liability of a land sale, especially when the value of that land upon inheritance is unknown...they developed a series of tables for each of the continental 48 states that producers can use to calculate an estimate of the stepped-up basis for their property.
00:12:48 – Factors Influencing the Agricultural Economy: K-State agricultural economist Brian Briggeman offers his latest observations on the state of the macro-economy and interest rate trends as they would affect the agricultural economy....that's the topic of his presentation at the upcoming Farming for the Future programs that will be put on by K-State at four locations in Kansas in the coming weeks.
00:24:15 – Ag News: Eric Atkinson covers the day's agricultural news headlines, and Greg Akagi has this week’s Kansas soybean update.
00:32:46 – Composting Basics: Johnson County Extension horticultural agent Dennis Patton walks through the basic steps of garden composting, saying there's still time to put a compost pile together.
Send comments, questions or requests for copies of past programs to ksrenews@ksu.edu.
K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K‑State campus in Manhattan.