Kent Bacus

Last week, the U.S. Supreme Court’s decided to lift an injunction temporarily halting enforcement of the Corporate Transparency Act’s reporting requirements.   On Thursday, the Court overturned a lower court order blocking enforcement of the CTA.  However, a sep...

The farming community is concerned that the enhanced estate tax exemption could be a major casualty if the 2017 tax cut law expiring at the end of next year isn’t extended.  The estate tax exemption will drop from $13.6 million per individual to its pre-2017 level of $5.5 million if th...

The National Cattlemen’s Beef Association is reminding all producers that the Corporate Transparency Act filing requirements are back in effect.  A recent court of appeals decision reversed an injunction that previously had stopped the mandate.   “The C...

On Tuesday, the U.S. Department of Transportation rejected a request by livestock and agriculture groups for an exemption to federal driving time regulations that many in farm county say would provide necessary flexibility during certain times of the year...

American ranchers can breathe a little easier after it was announced that the United States has struck a deal with Japan to reduce tariffs on beef imports. The effort is several years in the making. Beef industry officials had been working on reducing costly Japanese tariffs as part of a possible Trans-Pacific Partnership trade deal that began during the Obama Administration ...

Over 242,000 metric tons of U.S. beef has been exported to Japan between January 1st, 2020 and early March 2021. Kent Bacus of the National Cattlemen's Beef Association said not only is that a significant increase considering the trade impediments cause by the pandemic it's an indication of the success of global marketing efforts over the last year ...

Despite all the challenges of dealing with China, Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association, believes it is still the most intriguing market for American beef producers. ...

Last week the USDA allowed raw beef from Brazil to be imported to the U.S.  The agency said the world’s largest beef exporter has taken the right steps to improve its food-safety inspection system, bringing it up to U.S. standards.  Some far...

While there are still details to get worked out, farm country continues to praise the Trump Administration for the bilateral trade deal announced between the U.S. and Japan.  Kent Bacus, Director of Trade and Market Access for the National Cattlemen’s Beef Association, said like any other trade deal “the devil is in the details,” but he’s still excited about the announcement.  He added this agreem

The TPP, minus the U.S., will take effect by the end of this year, after Australia last week became the sixth of the 11 remaining nations to ratify the trade deal.  The inevitable is happening after President Trump withdrew the U.S. from TPP soon after taking office.  Na...