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Pinion Insights

Updated Cybersecurity Resource for Community Banks

By Pinion Editorial | October 5, 2022
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Reading Time: 3 minutes
It may not be the top item on your daily agenda, but tightening and maintaining security controls is imperative, and should be something you evaluate regularly.  Just ahead of the annual ‘Cybersecurity Month’ reminder, the FFIEC released an update to their Cybersecurity Resource Guide for Financial Institutions with the purpose of …

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Summary of California Drought Relief Grant Program

By Pinion Editorial | October 4, 2022
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Reading Time: 3 minutes
AB 157, signed into law by Gov. Newsom on September 27, 2022, includes the creation of the “California Small Agricultural Business Drought Relief Grant Program”, for qualified small agricultural businesses who are impacted by drought according to USDA data. The program has been funded with $75M, and may be funded …

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Steps Every Landowner Should Take if Offered a Utility Easement

By Pinion Editorial | September 23, 2022
Reading Time: 2 minutes
Across the U.S. agricultural landscape, new cash crops are emerging: wind, solar and fiber. As the nation strives towards renewable energy and a green grid, we’re seeing an increase of opportunities for farmers and landowners to diversify their income with utility capital improvement projects. The Inflation Reduction Act, which includes …

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Summary of Tax Options for Drought-Related Livestock Sales

By Pinion Editorial | September 21, 2022
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Reading Time: 2 minutes
According to the USDA, roughly 37% of the U.S. states are classified as experiencing extreme or exceptional drought as of September 2022. As water and feed sources are drying, many farmers are making the difficult decision to reduce their herds. For people facing that decision, there are two tax treatments …

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How to Increase Your Profitability This Harvest Season

By Pinion Editorial | September 19, 2022
Reading Time: 3 minutes
Many early harvesters are seeing lower-than expected yields as they bring their crops in this fall. In a year that is expected to produce high yields and high profits, many are concerned for their bottom-line. “This can be discouraging for farmers to see so early into the season,” says Thomas …

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Summary of IRA: How New Incentives, Programs, and Funding Benefit the Ag Industry

By Pinion Editorial | September 15, 2022
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Reading Time: 2 minutes
On August 16, President Biden signed the Inflation Reduction Act (IRA) into law. The $750 billion law contains funding for health care and climate and includes tax changes aimed at large corporations. What does this mean, in turn, for the Food & Ag industry specifically? Sweeping Tax Incentives and Beneficial …

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Economic Disruptors will Continue: What Producers Should Do and Plan For

By Eric Osterhaus | September 14, 2022
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Reading Time: 2 minutes
Just as the American freight industry simmers, Russian referendums and statements are causing a frenzy in the wheat market. While the effects are uncertain, market experts are predicting an increase in market volatility as a result.  Global supply chain disruptions like these, coupled with pricing uncertainty, and of course the weather …

Read moreEconomic Disruptors will Continue: What Producers Should Do and Plan For