Agribusiness Update for Friday 1/25/13

Agribusiness Update for Friday 1/25/13

This is the Agribusiness Update...I’m Greg Martin...

One of the largest food companies in the world has now announced support for the development of pregnant sow housing alternatives. General Mills says it will favor pork suppliers that provide actionable plans by 2017 to create traceability and end their use of gestation crates within the U.S. pork supply chain.

Ambassador Ron Kirk will leave his position as U.S. Trade Representative at the end of February. In making the announcement - Kirk said his office made great strides to bring about the President’s vision of a more robust, responsible and responsive trade policy that opens markets to American-made products and enforces the trade rights of Americans around the world in a way that is more consistent with the nation’s core values.

The IRS has moved the tax filing deadline for some farmers from March 1st to April 15th this year. The IRS will soon issue guidance to provide relief for farmers and fishermen unable to file and pay their 2012 taxes by March 1st. Farmers and fishermen who request the penalty waiver must attach Form 2210-F to their tax return.

That’s today’s Agribusiness Update from the Ag Information Network. 

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