Evening Edition | Thursday, September 8, 2022
In tonight's Evening Edition, read about valuing livestock operations, the new tractor series from Fendt, and the lawsuits from a carbon pipeline company in Iowa.
Estate Planning with Livestock Operations
Myron Friesen with Farm Financial Strategies answers the question of how to put a price on the livestock portion of a farm when estate planning.
Friesen says, "For estate purposes, we know livestock facilities won’t last forever, so they are different from land. Yes, the returns can seem attractive, but barn repairs can drain capital at times."
There are several points to consider in the process. Read Friesen's advice in the article linked below.
Editor Alex Gray reports on AGCO's introduction of the new Fendt 700 Vario series.
The tractor has a new design, engine, and technical updates, including a new powertrain with VarioDrive transmission.
AGCO is still working out the pricing of the Fendt 700 Vario series tractors. Tractors will hit dealership lots starting sometime midyear in 2023.
- READ MORE: The new 700 Vario tractors from Fendt
Iowa Carbon Pipeline
Navigator CO2 Ventures, one of three companies that have proposed liquid carbon pipelines in Iowa, recently sued four sets of landowners to gain access to their properties to survey the land, according to court records.
The company claims the landowners have repeatedly refused to grant access to their properties and alleged physical threats toward the company’s land agents, whose surveys will help the company determine the path of the pipeline.
The potential pipelines have drawn fierce resistance from landowners, county officials, conservationists and others, especially because of the potential use of eminent domain to build them despite landowners’ objections.