Farm Bill

As the Farm Bill states, hemp and any derivative there of is legal. Delta-8 is a derivative of the hemp plant and is therefore legal.

United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.

With the end of the government shutdown, farmers and advocates for those who rely on federal food assistance programs are pushing for a new farm bill to win approval from Congress. The day after the government reopened this week, President Barack Obama called a new farm bill his third legislative priority, after a budget deal and immigration reform.

The year 2013 should be another strong one for agricultural equipment sales, thanks to a Jan. 1 change in the federal tax law, as well as overall strength in commodity markets and accumulated farm financial strength.