Interested investors may pre-register for the teleconference at the following link: https://dpregister.com/sreg/10195074/fe1cb11a58. Registered participants will receive an email with a calendar reminder, dial-in number and PIN that allows immediate access to the call on January 7, 2025.

Participants who do not wish to pre-register may dial (833) 535-2202 (U.S.), (412) 902-6745 (international), or (866) 605-3852 (Canada) and request the Lindsay Corporation call. Additionally, the conference call will be simulcast live online and can be accessed via the investor relations section of the Company’s website, www.lindsay.com. Replays of the conference call will remain available on the Company’s website until the next quarterly earnings release. The Company will have a slide presentation available to supplement management’s formal presentation, which will also be accessible via the Company’s website.

About Lindsay Corporation

Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world’s rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic center pivot and lateral move agricultural irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world’s roads, bridges and tunnels, through the Barrier Systems, Road Zipper and Snoline brands. For more information about Lindsay Corporation, visit www.lindsay.com.

— BUSINESS WIRE

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“The Corporate Transparency Act requires millions of family farmers and ranchers to file complex paperwork and disclose beneficial ownership information with the federal government under penalty of severe fines and jailtime,” said NCBA Executive Director of Government Affairs Kent Bacus. “FinCEN should do the right thing and provide a realistic delay to the Corporate Transparency Act until Congress has an opportunity to provide a permanent fix that protects family farmers and ranchers.”

On Monday, the Fifth Circuit Court of Appeals lifted a nationwide preliminary injunction on the enforcement of the Corporate Transparency Act, holding that the government is likely to prevail in a constitutional challenge. This decision places many small businesses in jeopardy that have not yet filed Beneficial Ownership Information with the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury.

In light of the Fifth Circuit’s decision, FinCEN announced it will delay enforcement of the Corporate Transparency Act until January 13, 2025—just three weeks from now. This delay does not allow enough time for millions of small businesses to comply with the law, and it is deeply concerning that FinCEN will proceed with enforcing this law when it has failed to give adequate notice and instructions to law abiding family business owners.

NCBA will continue fighting for a permanent solution that protects cattle farmers and ranchers from this overreaching mandate. In the meantime, cattle producers are advised to consult their attorney and/or tax professional regarding this new development.

The National Cattlemen’s Beef Association (NCBA) has represented America’s cattle producers since 1898, preserving the heritage and strength of the industry through education and public policy.  As the largest association of cattle producers, NCBA works to create new markets and increase demand for beef.  Efforts are made possible through membership contributions. To join, contact NCBA at 1-866-BEEF-USA or membership@beef.org.

–National Cattlemen’s Beef Association

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“The first thing people think is, ‘You can’t put cattle on (a solar farm). They’re just going to rub on the panels and wreck them,'” Bradley said.

But as the CEO of Calgary-based Sun Cycle Farms, Bradley believes the doubters have already been proven wrong. This fall, Sun Cycle conducted a pilot project that grazed cattle inside a grid-connected solar farm in southern Alberta — something Bradley said proves that livestock production and renewable energy can successfully co-exist.

“It was not just to prove it to ourselves — I knew it could be done in an existing solar facility,” Bradley said.

“But we had to prove to the asset owner, to the insurance company, even to investors that are looking at this and show this is a part of the solution.”

Sun Cycle Farms is an agrivoltaics company, part of a rapidly expanding field that aims to combine solar energy production with agricultural activities. Across North America, solar farm owners are increasingly deploying sheep and even pigs at their sites to keep the weeds down and reduce the need for mowing around the panels.

Researchers around the world are also looking into what types of crops can be grown in and around solar panels.

Contrary to what you might expect, many crops actually perform better when shaded by a massive solar panel than they do under direct sunlight, said Joshua Pearce, a solar energy expert at Western University.

“Most crops that we have grown outdoors normally actually get a little bit too much sun,” Pearce said.

“Underneath the solar panel, or next to it, you have almost like a protected micro-environment. There’s not as much wind, you don’t have to worry about hail, it even helps to preserve the water in the soil a little more.”

Land use issues were less pressing when solar energy was in its infancy a couple of decades ago because the fledgling industry was so small.

But the rapid rollout of renewable power in recent years means the physical footprint of solar can no longer be ignored. According to the Canadian Renewable Energy Association, there are 206 major solar energy projects producing power across the country — some of which take up thousands of acres of land.

As a result of the industry’s dramatic growth, some rural residents have become frustrated with how rapidly the landscapes around them have changed, as well as the activity that takes place on the land.

“If you’re in a rural community that takes pride in farming and producing from the land, and then suddenly you have large funders that are from outside your community buying up huge tracts of land and turning it into solar parks, you can get pretty agitated and concerned about it,” Pearce said.

In Alberta, which has seen the most dramatic growth in solar energy in all of Canada in recent years, the provincial government recently introduced new regulations that bar renewable energy installations from being built on prime agricultural land unless developers can prove their projects can co-exist with livestock and crops.

“Renewable energy is a double-edged sword because we need energy generation in our province, but we also need to maintain the integrity of good agricultural land,” said Jeff Shaw, chief administrative officer for the Town of Cardston, which is currently partnering with Sun Cycle Farms on an agrivoltaics demonstration project located at the edge of the southern Alberta community.

“We (the town) would love to be associated with a solution for that.”

Success in agrivoltaics often requires flexible thinking. Goats, for example, have been tested on solar farms but were not particularly successful because of their tendency to chew on wires.

In its cattle demonstration project, Sun Cycle used electric fencing to train the cattle to stay away from the solar panels. The company is also exploring the use of solar-powered collars — which would give the cows a little ‘ping’ as a deterrent if they get too close — as well as the use of robot tractors to safely remove weeds and cut hay around the site without damaging the panels.

While more research will need to take place before the co-existence of cows and solar panels becomes commonplace, Pearce said these kinds of projects are key to ensuring the long-term sustainability of the renewable energy sector and the ongoing productivity of the agriculture sector.

“With agrivoltaics, everybody wins — the landowner, the farmers, the solar developers, the community, the electricity grid. It’s just a good idea,” he said, adding it’s only a matter of time before the grazing of cattle among renewable energy installations becomes commonplace.

“And then we’ll have solar burgers. It’ll be quite nice.”

This report by The Canadian Press was first published Dec. 25, 2024.

–Amanda Stephenson
The Canadian Press

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While the farm is still in the works, excitement is already growing.

Spanning 6.5 acres at Secrest Arboretum, this new farm will serve as an educational hub for Ohio’s Christmas tree growers. The project will focus on helping new and experienced growers alike learn best practices for tree farming, from planting to pruning. It’s a place where hands-on training will meet decades of research, and an opportunity to carry forward the legacy of Ohio State’s Christmas tree research.

“This farm will be a place where new growers can learn and practice everything they need to know, from layout and planting to shearing and harvesting. And it’s not just about growing trees; it’s about growing skills. We want growers to feel confident when they step onto their own farms,” said Jake Nicholson, nontimber forest product specialist in CFAES School of Environment and Natural Resources and the lead of the new project.

A legacy of innovation

The story of Ohio State’s work with Christmas trees dates to the early 1970s, when CFAES researcher Jim Brown began experimenting with breeding trees that could thrive in Ohio’s heavy clay soils. His work led to the creation of the Ohio State Canaan fir, now the state’s most popular variety.

Brown’s efforts not only helped Ohio growers produce high-quality trees, but also fostered a trusted relationship between CFAES and the Ohio Christmas Tree Association.

“Dr. Brown’s legacy is still alive in every tree that grows here at CFAES,” says Nicholson. “His research gave Ohio’s growers a new tree they could grow in their own soil that could better compete with imported varieties, and it established a lasting partnership between the university and the Christmas tree industry. Thanks to his groundwork, we’re able to launch this demonstration farm, which will have a lasting impact on Ohio’s growers and the public.”

A place to learn, grow, and trim

The Ohio State CFAES Demonstration Christmas Tree Farm will provide a unique educational resource, with programming aimed at giving Ohio’s Christmas tree growers the tools and confidence to succeed.

“We’ll be teaching every step of the growing process: site selection, pest control, trimming, and more,” says Nicholson. “This farm is a place where growers can learn and refine their techniques on trees that won’t ever have to go to market.”

The farm will also be a public-facing resource, offering visitors the chance to learn about the Christmas tree industry and CFAES’ long-standing research.

“There will be interpretive signage throughout the site, helping visitors understand the importance of real trees and the rich history of research here at CFAES,” Nicholson adds.

Looking to the future of Ohio Christmas trees

While the Ohio State Canaan fir has already made a mark on Ohio’s Christmas tree industry, Nicholson and his team are excited about the future.

“We’re always looking for ways to improve the cultivation of Christmas tree varieties like the Canaan fir,” Nicholson says. “The demonstration farm will allow us to explore new techniques to improve growth, form, and efficiency for growers, and we’re also looking at new ways Canaan fir could be used, such as for landscaping or yard trees.”

The new farm will not only be an asset for tree growers but will also serve as a space for future outreach on broader agricultural and environmental topics, in collaboration with other CFAES units.

“The farm will support not just extension for Christmas tree growers, but will also be available for students to engage in hands-on learning about soil testing, pest management, and more,” Nicholson explains.

For more information on the project and the farm’s development, visit Secrest Arboretum and the CFAES Wooster campus.

— Ohio State University CFAES

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As of Dec. 23, 2024, that nationwide injunction is no longer enforceable, and the BOI reporting requirements of the CTA have been reinstated. The Court of Appeals for the Fifth Circuit issued a temporary stay on the nationwide injunction. The Fifth Circuit found that the government made a strong showing that it is likely to succeed in proving that the CTA is constitutional. The court explained that Congress exercised its broad authority under the Commerce Clause to pass the CTA, aiming to regulate the anonymous ownership and operation of businesses that constitute an “economic class of activities” significantly affecting interstate commerce. Consequently, the court determined that the reporting requirement for such businesses is within the scope of the Commerce Clause.

The court further concluded that “a last-minute injunction of a statute proposed and passed by the people’s representatives inevitably causes irreparable harm.” Additionally, the court determined that the burden on businesses required to report is minimal. When weighed against the “public’s urgent interest in combatting financial crime and safeguarding national security,” the court found that a stay of the injunction was justified.

Following the Fifth Circuit’s ruling, the Department of the Treasury issued an alert on the FinCEN website acknowledging that reporting companies may require additional time to comply with the CTA due to the period when the preliminary injunction was in place. As a result, the reporting deadlines have been extended as follows:

• Reporting companies established or registered before January 1, 2024, now have until January 13, 2025, to submit their initial BOI reports to FinCEN. (Previously, these companies were required to report by January 1, 2025).
• Reporting companies formed or registered in the United States on or after September 4, 2024, and before December 3, 2024, have until January 13, 2025, to submit their initial BOI reports to FinCEN.
• Reporting companies formed or registered in the United States between December 3, 2024, and December 23, 2024, have an additional 21 days beyond their original filing deadline to submit their initial BOI reports to FinCEN.
• All reporting companies created or registered in the United States on or after January 1, 2025, have 30 days to file their initial BOI reports with FinCEN.

So, what does it all mean? 

If your farm business is registered in Ohio, compliance with the CTA’s reporting requirements is once again mandatory. While farm businesses now have a slight extension to meet the BOI reporting requirements, it is probably best practice not to delay too long.

This situation is unfolding quickly. This case may still undergo further review by the Fifth Circuit or potentially reach the Supreme Court of the United States. Additionally, several other federal courts are currently evaluating challenges to the CTA. We will make every effort to keep you informed promptly as the situation develops.

— Jeffrey K. Lewis, Esq., Program Coordinator, Income Tax Schools
Ohio State University CFAES

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“As Chairs of the Legislature’s Agriculture Committees, our top priority is closing this loophole in the Farm Overtime Tax Credit as soon as possible to provide direct financial relief to more farms and help them continue to support their employees. While unfortunately, that day is not today, we are heartened to see the Governor pledge her support for getting this done in her veto message, with a retroactive solution in the state budget. Keeping New York’s farms in business is essential to securing our food supply and sustaining a critical pillar of our state’s economy, which is why this bill passed the State Legislature with unanimous support. We expect that same level of support to carry through as we work to resolve this issue in the budget process.”

–The Office of New York State Senator Michelle Hinchey

The post Hinchey, Lupardo Respond to Governor’s Veto of Farm Employer Overtime Tax Credit Bill Expansion appeared first on Morning Ag Clips.

Your help is needed to restore nonstop service from PDX. Data on business travel demand is critical in making the case to airlines. Input from businesses is essential in understanding current and future demand. Information collected in this survey will help the Port of Portland advocate for increase direct flight service to Asia, Latin America, and Europe.

Please take a moment to answer a few questions about your company’s travel by January 6, 2025. The information will be aggregated, so no individual responses will be shared. Click on this SURVEY LINK to get started.

Thank you in advance for helping our region gain better access to international markets!

— Oregon Department of Agriculture

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LINCOLN, Neb. — In a major win for corn growers, a dispute panel ruled that Mexico violated its commitments under the United States-Mexico-Canada Agreement (USMCA) when it issued a decree that banned genetically modified corn imports in early 2020.

The decision was met with praise from the Nebraska Corn Growers Association and Nebraska Corn Board among other corn grower advocates who had called on the United States Trade Representative (USTR) to file the dispute.

“We have been engaged on this issue closely for several years,” said Andy Jobman, chairman of the Nebraska Corn Growers Association “Our staff and grower advocates made it a priority to interact with state and national corn grower leaders, we met with both Mexican and Canadian Embassies and echoed the voices of Nebraska’s corn growers in pushing USTR to challenge this ban. Today’s decision shows the real value of corn grower advocacy and what we can accomplish when we work together.”

“This is an imperative development for the America’s corn growers and rural communities,” said Brandon Hunnicutt, chair of the Nebraska Corn Board. “As the nation’s top producer of white corn, Nebraska is uniquely positioned to capitalize on Mexico’s continually growing demand for our high-quality corn. This ruling will hopefully remove this potential trade disruption and secures Mexico’s position as the leading export destination for U.S. corn, paving the way for increased economic growth and opportunity.”

Past Mexican President Andrés Manuel López Obrador first set off alarms in the Corn Belt in December 2020 when he initiated a decree to ban genetically modified corn by the end of 2024. At the time, corn grower leaders began outreach to the Trump administration to head off the ban. Those efforts continued with the Biden administration as well as with members of Congress and Mexican officials.

Nebraska corn growers took a lead with other state and national corn leaders who argued that the ban would significantly harm growers and rural communities, especially as Mexico is the number one export destination for U.S. corn.

Corn grower advocacy efforts intensified in 2023 when the Mexican president issued a decree banning genetically modified white corn, effective the following day. NCGA and state corn grower groups responded by urging USTR to file a dispute settlement under USMCA, which eventually occurred.

Nebraska Corn would also like to extend appreciation for Senator Fischer, Senator Ricketts, Representative Smith, Representative Bacon and Representative Flood for continually raising this issue with their colleagues in Washington, D.C.

The Nebraska Corn Board is funded through a producer checkoff investment of ½-cent-per-bushel checkoff on all corn marketed in the state and is managed by nine farmer directors. The mission of the Nebraska Corn Board is to increase the value and sustainability of Nebraska corn through promotion, market development and research.

The Nebraska Corn Growers Association (NeCGA) is a grassroots commodity organization that works to advance Nebraska corn farmers through leadership, policy and education. NeCGA has more than 2,400 dues-paying members in Nebraska. NeCGA is affiliated with the National Corn Growers Association, which has more than 36,000 dues-paying members nationwide.

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The Beginning of a Business

“My first grade class hatched and raised six chicks. My name was not drawn to take the birds home,” recalls Dustin. “And when I got home, I cried.” Dustin’s elementary tears fell upon the ears of an amazing uncle who didn’t know that his purchase of six chicks each for Dustin and Austin would become part of the family’s farming legacy. Beginning in 1999, the brothers raised and managed birds as an entrepreneurial 4-H project that expanded into a prosperous FFA Supervised Agriculture Experience (SAE) in 2007. The brothers saw eggs as an avenue to return to the family farm. Upon adulthood, Dustin and Austin were in partnership with Stanton Brothers, a successful, cage-free, brown egg production business selling direct to consumers.

The Next Generation of Stanton Farmers

“We couldn’t believe it when the boys started selling eggs for $2.50 a dozen at the Farmer’s Market and customers loved it,” shared Andrew Stanton, the brothers’ dad (who, ironically, is allergic to eggs). “Their profitable egg business is the reason Dustin and Austin have been able to return to work as part of the family farm.” Austin focuses on egg production and processing while Dustin focuses on sales, deliveries and customer relations, meeting the wholesale and retail needs for 60 outlets that change seasonally. Stanton Brothers sells eggs to school districts, golf courses, nursing homes, the University of Missouri, grocery stores, restaurants and individuals.

Dustin and Austin are proud that Stanton Brothers works in collaboration with the more traditional model of Stanton Farms, a cattle and row crop business owned by their parents, Andrew and Judy. Together, the two businesses comprise Stanton Family Farms. These family businesses were recently honored as the 2025 recipient of the Missouri Agriculture Stewardship Award which recognizes the voluntary efforts of Missouri farmers to carefully and responsibly manage the land, natural resources, and animals entrusted to their care.

Stewardship on the Farm

“Stewardship and sustainability are very important to our family,” said Dustin. “We feed our chickens milo, or grain sorghum, that is grown here by Stanton Farms. When our poultry barn is cleaned out, the manure is spread here as natural fertilizer across crop fields and pastures. We are extra cognizant of our applications because we want to protect local water quality.” Nestled upon a rolling landscape, the Stanton Farm is in the watershed of several creeks and rivers that flow through suburban and urban communities of Boone County. Stanton Family Farms uses several other strategies to keep inputs and soil on their farm including ponds, cover crops, conservation tillage, and contour planting. Austin often deploys technologies for the family farms including use of GPS and drones as well as data collection and analysis. “Our family farm hasn’t been in existence for nearly 180 years by accident, but by looking to the future,” Dustin said. “It’s not about taking the most from our land so we get the most. It’s about what we can give to the land so that the next generation can live and work here as well.”

Building Customer Trust

Back in 1999, Dustin and Austin sold their eggs to neighbors, family, and members of their church congregation. When Dustin expanded the project to 500 birds for his FFA SAE, he began selling eggs at the Columbia Farmer’s Market. “I now have customers at the Farmer’s Market who have watched me grow up for the past 15 years. We have built trust with people who truly care about what is happening on our farms,” Dustin said. “No one knows the story of agriculture better than farmers. We are a trusted face and source for questions about everything from farm policy to pasta ingredients.” The Stantons share their farm story as often as possible, presenting at elementary schools, hosting field trips, and speaking to civic groups.

A Legacy Mindset

Dustin’s vision is to expand Stanton Brothers to offer more diversified product lines including liquid eggs, recognizing the desires and rising demands of customers. “I love agriculture. I love working with my family,” Dustin shared. “I love running a business and building something. When it is successful, it shows the work we did. If I mess up, I am responsible for fixing it. It’s not really about what I’m doing today for me. It’s about what I’m doing today to pass it on to the next generation.”
“Farming is my heritage and my legacy,” said Austin. “I have wanted to be a farmer my whole life. I hope to make our farm better than it is today so I can give my kids a shot at making a life on the farm.”

More About the Stantons

Dustin and Austin are graduates of the University of Missouri-Columbia. Dustin is concluding a term of service on the Missouri Farm Bureau Young Farmers & Ranchers Committee and representing the poultry industry on the Missouri Farm Bureau Commodity Advisory Committee. He is currently the president of the Boone County Extension Council. Austin has served as an officer for the Missouri Young Farmers/Young Farm Wives Association and the family is still active with the organization. The family volunteers for the Centralia FFA Alumni and are members of the Missouri Cattlemen’s Association. Missouri Farm Bureau, University of Missouri Extension, Missouri Young Farmers/Young Farm Wives Association, and the Missouri Cattlemen’s Association are all partners of Missouri Farmers Care.

Agricultural Contributions of Boone County

Food processing is the top agricultural industry in Boone County according to the 2021 Missouri Economic Contribution of Agriculture and Forestry Study. The county’s agriculture economy creates $686.5 million in value-added products, supports more than 9,500 jobs, and generates $629.4 million in household income. According to the 2022 Census of Agriculture conducted by the USDA National Agricultural Statistics Service, 95% of Boone County farms are owned by families.

–Missouri Farmers Care

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For many dairy producers, it’s crucial to have a well-planned discussion with your tax preparer. Establishing an effective tax strategy from the start saves time throughout the year, especially during tax season. A common challenge for farmers is that the demands of daily operations often leave little time for focusing on long-term financial planning.

Why is it critical to have those important conversations with your accountant? Being out of the loop on the most recent tax laws can hurt your business (and as a result of how many tax laws there are, and how often they change, it’s easy to be out of the loop). The worst-case scenario is that you wind up paying more in taxes than you need to or you miss a deadline and get hit with fines.

Quarterly meetings with your accountant can save you a great deal of stress, hassle, and possibly money. Your accountant can clear up any questions and help you set up a plan of action for the quarter that fits your plans and needs into the giant tax-law puzzle. Quarterly meetings help to make that last visit from your accountant at the end of the year a little less stressful. Trying to do tax planning for the prior year while sitting with your accountant in early April for your tax return preparation is simply a day late and a dollar short.

A common mindset with producers (and others) is they never want to pay taxes. However, a successful business that has generated income does pay taxes. The objective is to minimize the amount of taxes over the lifetime of the business versus focusing on one year.

Estimating and paying your quarterly payments can be an incredibly complex process that could have big repercussions for your business. Plan too little and you could end up with a big, unplanned payment or additional fees. Estimate too much and your cash flow can end up stifled.

Your accountant can walk you through the estimation each quarter, so you are paying the taxes you need to pay, but no more than necessary.

There are many tax-saving strategies that might be utilized in each situation. Some of these strategies include:

• Identifying deductions
• Divesting assets that represent unrealized losses to off-set capital gains
• Restructuring income
• Purchasing needed equipment earlier than planned
• Delaying the receipt of year-end payments from customers until early the following year
• Expediting the payment of expenses
• Contributing to qualified retirement plans –such as 401(k), 403(b), 457(b), IRA, and SEP
• Contributing to a church or charity

Lastly, the key point of any business is to review tax documents annually. They can be confusing but it’s important to review those tax documents. It’s important to understand what numbers are being reported. Business owners signing the tax forms could be held liable if audited by the IRS or the Pennsylvania Department of Revenue. Asking questions and keeping current on changes occurring with taxes is the responsibility of the owner and not just the tax preparer. So, ask those questions if you don’t understand where a number is coming from.

Think about your future. Eventually, all farmers will retire or want to pass that farm business to the next generation. Have you contributed to your social security at all during your career? How are you going to survive those retirement years? My colleagues and I often see many producers not thinking about that next step in their lives. Even if you are only in your 20’s, it’s never too early to start planning. Succession planning or transitioning a farm operation are important concepts to consider and investigate.

In closing, it’s important to be in the know about your business’s financial management. Having a tax plan is one component of a sound overall financial strategy and is a critical one. Unfortunately, many people overlook this crucial aspect, and in turn, end up overpaying a huge amount at the end of the year. Whether you’re just beginning your business or have had a business for years, it’s never too late or too early to build a plan. While you most likely would rather be in the fields or caring for your cows, it’s important to have those conversations with the professionals that you are paying to complete your taxes. If you don’t understand, ask. If you’ve asked before, ask again. Tax professionals are supposed to be there to assist you and guide you in those important financial decisions.

The Penn State Dairy Business Management team can assist you in some of those critical business management needs. Utilizing tools such as Penn State Extension’s Farm Account book can be the first step to help manage your farm’s critical business records that are often overlooked. This can be ordered online or at your local extension office. There are also computer software programs such as Quicken® or QuickBooks®. The Penn State Dairy Business Management team can assist you in the set-up for these programs. Additionally, Penn State Extension has a Farm Transition Team encompassing members from various areas of expertise should you have questions or need help on where to start. It’s crucial to stay organized and have a team of professionals in your corner to help your business succeed.

–Samantha Gehrett
Penn State Extension Dairy Educator

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