Private Applicator Training Schedule for 2019

Agriculture News

Important Dates

December

24– Jan 2 Office

Closed

January

6-8 KY Fruit & Vege-

table Conference–

Lexington

8– 2019 Winter Wheat

Meeting; Bruce Con-

vention Center Hop-

kinsville, 8 AM– 3 PM

15– Private Applicator

Training; Extension

Annex, 8:30 AM &

6:00 PM

17–Field Trip To KY

Cattleman’s Conven-

tion, Leave Extension

Office by 6:45 AM

21– Office Closed for

MLK Day

28– Beef Series, Ex-

tension Annex; 6 PM

29– PBPT, Extension

Annex; 1 PM

31– Ag Water Quality

Planning, 6 PM Ex-

tension Annex

Cooperative Extension Service

Crittenden County

1534 US Hwy 60 E

Marion, KY 42064

(270) 965-5236

Fax: (270) 965-5237

extension.ca.uky.edu

Spring Calving Herd

Be sure that weaned heifer calves are on

a feeding program which will enable

them be at about 65% of their mature

weight before the start of the breeding

season.

Body condition is important, plan an

adequate winter program for cows to be

at least body condition score 5 (carrying

enough flesh to cover the ribs) before the

calving and breeding season. This will

help them to breed early in the spring.

Divide the herd into groups for winter

feeding.

Begin feeding the lowest quality forage

to dry cows which are in good condition

during early winter and save the

best hay for calving time or for

weaned calves.

Fall Calving Herd

Get breeding supplies together, if

using estrous synchronization

and/or A.I.

Have Breeding Soundness Evalua-

tion (BSE) performed on bulls (even

if you used them this spring).

The fall breeding season starts.

Breeding can best be accomplished

on stockpiled fescue pasture; other-

wise, cows with calves should be fed

25-30 pounds of good quality hay or

its equivalent. Supplement with

grain, if needed, and minimize hay

waste.

It’s time to renew your private applicator yellow card. Postcards will be sent to those

who have taken the training in the past and cards are expiring at the end of this year.

The two hour long training will feature videos, presentations, and discussion. Once

the training is completed you will receive your yellow card that will allow you to pur-

chase the restricted use chemicals.

Trainings are free and choose one to attend. Please RSVP by calling the office at 270-

965-5236. January 15, 2019 8:30 AM

January 15, 2019 6:00 PM

February 12, 2019 2:00 PM

February 28, 2019 6:00 PM

March 12, 2019 8:30 AM

March 12, 2019 6:00 PM

All trainings will be held at the Extension

Annex (house next to the office).

Timely Tips– Beef Cattle

The Tax Cuts and Jobs Act

of 2017 (TCJA) has changed how

farm producers depreciate assets.

Under the old law, new (brand new

never been used) farm equipment

was classified as 7-year property.

Now, new farm equipment is clas-

sified as 5-year MACRS property.

Used farm equipment is still classi-

fied as 7-year property.

Under the old law 3, 5, 7, and 10

year farm property was depreciat-

ed at 150 % declining balance.

Now, under TCJA 3, 5, 7 and 10-

year farm property will be depreci-

ated at 200 % declining balance.

This allows the farm producer to

get depreciation at a faster rate.

Farm assets in the 15 and 20-year

MACRS recovery classes remain at

150 % declining balance method.

The TCJA has increased Section

179 deduction to $1,000,000 in

2018 for qualified property. Sec-

tion 179 expense deduction is re-

duced dollar for dollar if the cost of

qualifying Section 179 property

placed in service in 2018 is over

$2,500,000. If qualifying Section

179 property is greater than

$3,500,000 farm producers cannot

take Section 179 expense deduc-

tion.

The total amount of Section

179 deduction farm producers can

take on sports utility vehicle (SUV)

placed in service in 2018 is

$25,000. Vehicles must be rated at

more than 6,000 pounds gross ve-

hicle weight but not more than

14,000 pounds gross vehicle

weight. This is for SUVs used for

farm business purposes.

Special Depreciation Allow-

ance (Bonus Depreciation) for farm

assets placed in service in 2018 are

eligible for a 100% deprecia-

tion allowance. This rate will

stay in effect thru 2023. In

the past only new (brand new

never been used) items were

eligible for Special Deprecia-

tion Allowance. Now, both

new and used assets are eli-

gible. Special Depreciation

Allowance is not an election.

If you do not plan to use Spe-

cial Depreciation Allowance

you must elect out of it on a

class by class basis.

The tax changes that have

been enacted in the Tax Cuts and

Jobs Act of 2017 are some of the

biggest changes to our tax code

since 1986. Farm producers should

consult with their tax advisors to

see how the law will affect them

Farm Asset Depreciation Changes for 2018 by Rush Midkiff, Extension Specialist for Farm Business Analysis

Page 2

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Stop by the office to pick up

your farm record books, IRS

Farm Tax Guide and a new

pocket calendar for 2019!