Every few years we seem to be faced with reasons to dust off these tax laws, but it has been a long time since it hasn’t been for drought. In 2019, we are looking at how these apply to flooding in the Midwest.

Livestock Deferrals

One-Year Deferral

A one-year deferral is available for all types of livestock (draft, dairy, breeding, and feeding) if you qualify for the following:

Artificial insemination (AI) is the most powerful tool cow-calf producers have to improve beef cattle genetics. Still, they have been slow to adopt this technology due to the time and labor of heat checking and a market structure that until recently did not reward genetic improvement. However, markets are now rewarding improved genetics (e.g. premiums) and improved fixed time AI (FTAI) protocols make it easier for the cow-calf producer to use AI.

Nebraska ranchers must make many decisions during a normal production year and now have even tougher decisions where they have experienced serious flooding in early 2019. Wide varieties of decision tools are available to help the rancher make the decisions. Some of the tools require a computer office suite, like Microsoft office, with a spreadsheet. Both of the below listed office suites, Libreoffice and OpenOffice, are free suites with spreadsheets. They also are available for PC or Mac operating systems.