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Business & Economics

Agriculture Damage Ripples Through Wiregrass Economy

by Maggie Lawrence AUBURN UNIVERISTY, Ala.—The impact of agriculture damage from Hurricane Michael is rippling through southeast Alabama’s regional economy. The associate director of the Alabama Cooperative Extension System said that total agriculture impacts top more than $300 million and could cost the region more than 2,500 jobs. “Direct agricultural losses total $204 million alone,” said Dr. Paul Brown, Extension’s ... Read More »

Farming Basics Online Course Available

Farming Basics

AUBURN, Alabama- More people than ever want to give farming a try.  In the past, people turned to farming family members for help.  Today, most people are generations removed from farming. To help budding farmers get started, Alabama Extension now offers a free online course, Farming Basics. Launched Sept. 10, the course addresses critical topics in agriculture. Alabama Extension director ... Read More »

USDA Releases Farmer Trade Assistance Package Information

shutterstock.com/Alf Rebeiro. soybeans and a $100 bill.

AUBURN, Ala.—Recent changes in U.S. trade policies have sparked the need for farmer financial aid in the United States. The U. S. Department of Agriculture (USDA) released details about a financial aid package to help farmers Aug. 27. The farmer trade assistance package’s goal is to help farmers as they navigate uncharted territory in dealing with tariffs related to trade ... Read More »

Getting Your Life Back After Identity Theft

AUBURN, Ala. – Identity theft is among the top three consumer complaints in the United States in 2017, according to the Federal Trade Commission. In today’s society, many purchases begin with either “swipe your credit card here” or “insert your credit card into the chip reader below.” How careful are you when making transactions? Someone can take your identity in a matter ... Read More »

Free Credit Freezes Coming in September

AUBURN, Ala. – Starting in September, a new federal law will give consumers free credit freezes and yearlong fraud alerts. According to Sharlean Briggs, an Alabama Extension regional agent in human sciences, family resource management and workforce development, here’s what to look forward to when the law takes effect on Sept. 21: Free Credit Freezes A credit freeze restricts access ... Read More »

Trade Tariffs Initiate Soybean Market Shift, Cause Concern

soybeans

by Justin Miller and Katie Nichols AUBURN, Ala.—As Farm Bill discussions continue in Washington, D.C., producers wait for the direction a new bill will bring to the agricultural sector. Without a completed Farm Bill, producers are operating on the previous bill’s prices and provisions. The trade tariffs imposed on many U.S. agricultural products have raised concerns about the future of ... Read More »

Interpreting the Tax Cuts and Jobs Act

Tax Cuts and Jobs Act buttons in a pile. Image by shutterstock.com/cbies.

AUBURN, Ala.—The new Tax Cuts and Jobs Act will benefit many individuals and businesses. While most of the business changes are permanent, many individual provisions will end Dec. 31, 2025. Dr. Robert Tufts, a visiting professor with the Alabama Cooperative Extension System, suggests contacting a tax professional to discuss these changes and their potential effects on individuals and businesses. Tufts ... Read More »

Alabama Extension Hosts Business Entity Workshop

AUBURN, Ala. – Do you know if your operation should be a business entity? If so, do you know which one it would fall under? The Alabama Cooperative Extension System is here to help answer these questions. Alabama Extension is now offering a program on business entities at 14 locations across the state. Dr. Robert Tufts, an Alabama Extension farm ... Read More »

Identity Theft: Be Safe Not Sorry

AUBURN, Alabama — Identity theft was among the top three consumer complaints in the United States in 2017, according to the Federal Trade Commission. In today’s society, many purchases begin with one of the following statements. Swipe your credit card here. Insert your credit card into the chip reader below. Be Careful When Making Transactions “The Department of Justice reports the most ... Read More »

Tariffs Cause Worry Among Alabama Farmers

By: Katie Nichols and Justin Miller AUBURN, Ala. – Recent trade discussions between the United States and China have Alabama producers like Stewart McGill cautious about the future markets of crops. China recently announced a 25 percent tariff on many American export products, including soybeans, cotton and other agricultural products. “As of now, we don’t know what might happen,” said ... Read More »