Issue link: https://www.epageflip.net/i/199749
Saturday, October 26, 2013 – Daily News 5A Agriculture farm & ranch Drought victims Grand National Livestock Show get more time to replace livestock WASHINGTON — Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock and defer tax on any gains from the forced sales, the Internal Revenue Service announced Friday. Farmers and ranchers who, due to drought, sell more livestock than they normally would may defer tax on the extra gains from those sales. To qualify, the livestock generally must be replaced within a four-year period. The IRS is authorized to extend this period if the drought continues. The one-year extension of the replacement period announced today generally applies to capital gains realized by eligible farmers and ranchers on sales of livestock held for draft, dairy or breeding purposes due to drought. Sales of other livestock, such as those raised for slaughter or held for sporting purposes, and poultry are not eligible. The IRS is providing this relief to any farm located in a county, parish, city, borough, census area or district, listed as suffering exceptional, extreme or severe drought conditions by the National Drought Mitigation Center (NDMC), during any weekly period between Sept. 1, 2012, and Aug. 31. All or part of 38 states are listed. Any county contiguous to a county listed by the NDMC also qualifies for this relief. As a result, farmers and ranchers in these areas whose drought sale replacement period was scheduled to expire at the end of this tax year, Dec. 31, in most cases, will now have until the end of their next tax year. Because the normal drought sale replacement period is four years, this extension immediately impacts drought sales that occurred during 2009. But because of previous drought-related extensions affecting some of these localities, the replacement periods for some drought sales before 2009 are also affected. Additional extensions will be granted if severe drought conditions persist. Details on this relief, including a list of NDMCdesignated counties, are available in Notice 2013-62, posted today on IRS.gov. Details on reporting drought sales and other farm-related tax issues can be found in Publication 225, Farmer's Tax Guide, also available on the IRS web site. It took us an hour and 15 minutes to drive from Albany to the toll plaza on San Francisco Bay Bridge on Saturday, due to the BART strike. Four and five lanes of inbound traffic were filled with cars and trucks. When we reached the toll plaza there were 14 lanes open and it was still bumper to bumper. The new bridge has an open feeling with no cables, and lots of concrete. 50 mph but the traffic speed was closer to 25 and 30 mph. We were at the Grand National Livestock Show in the Cow Palace for the California Livestock Man of the Year ceremony and dinner. It was good to see past recipients there to greet the 2013 honoree Darrel Sweet of Livermore. Will Courtesy photo Gill, Madera County was inducted in 1972, Don 1961 California Livestock Man of the Year J. Kenneth Sexton, Willows Jackson in 1990, Gordon sheep and cattleman. Pictured, from left, are Al Spencer, Hugh Rasmussen, Livermore, Barber, Harvey McDougal, Willis Holtum, acting President of the San in 1991, Cotton Rosser, Francisco Chamber of Commerce John Guthrie, Sexton, John Marysville in 1997, Kip Herzog, Sonoma County Baumgartner, Jr. and Jake Schneider. Not pictured are Loren Bamert, in 2000; Dave Wood, Louis Rozzoni, Frank Pellissier, Roger Jessup and Charles Stover. CEO Harris Ranch in 2001, Jim Coelho, Liver- the North (and South) lars before the National Judging. more in 2005, Bill Bor- Concourse near the Main Finals Rodeo. Now days Wild calf roping, ror, Tehama Angus Lobby of the Cow the final rodeo of the sea- Worlds Championship Ranch in 2009, Bill Jack- Palace. Cutting Horse contest son is Sept. 30. son in 2011. There were six bare- finals with 29 horses "Listed chronologicalAlso in attendance ly are Livestock Men of back riders, eight saddle entered, including Poco were Ken Watkins, 1st the Year with the year bronc riders, 10 steer Lena ridden by Don vice president California noted when each wrestlers, eight team Dodge. Jay Sisler and Farm Bureau, James W. received this honor and ropers, ten tie down rop- dogs, saddle bronc riding, Oltjen, Department of award." However, they ers, 10 barrel racers, 10 the star was Rex Allen, Animal Science, Univer- still haven't placed por- bull riders on Saturday Koko and Arizona Wransity of California-Davis, traits of the last three night. No horse show of glers, steer wrestling, 15 Kevin Kester, men of the year fine gaited horses and hunters followed by immediate past Brahma bull riding. in the show- ponies. president CaliI remember one year This year there was a case. fornia CattleCharles F. parade of beef, sheep, when Greta Heckett of men AssociaStover in 1959, market goat champions Heckmere Highlands, tion and Tim C. Roy from the junior livestock Pennsylvania, attended Koopman, presCarmichael in show followed by Cal- the Angus show to watch ident of CCA. 1968, Jack Crush Clydesdales team her cattle, with a limouThe 1967 Owens in 1982, of eight, the Riata Ranch sine chauffeur in uniform Grand National Ellington Peek Cowboy Girls did trick in attendance. Another program had in 1993, Bill riding and fancy roping, year movie star Fred two pages Borror in 2009, and the grand champion MacMurray came to devoted to CA Bob deBraga in steer was selected by the watch his Twin Valley Jean Livestock Man Angus shown. 2012 are from judge. of the Year. "is As someone said "I My 1954 Cow Palace Tehama–Shasta chosen annualCounty, Louise program for a Wednes- doubt if there were ten ly by a select Wiley, Imperial day evening listed Casey people in the audience committee of County in 1996 Tibbs, Tuffy Fedderer, interested in the 2013 prominent persons in the is the only woman recog- Wag Blessing in saddle California Livestock livestock industry and nized with this honor. bronc, Steer wrestling Man of the Year presenagricultural education. The 1967 program had Vern Castro, Wilbur tation." It was an urban The program was origi- listed 335 horses and 270 Plaugher, Cotton Rosser, crowd interested in nally started in 1950 by rodeo contestants with and bareback bronc rid- excitement instead of the San Francisco Cham- bareback riding, wild ing had Manuel Enos, achievement. ber of Commerce's Agri- calf roping, saddle bronc Wag *** Blessing, Jim cultural Committee, with riding, bulldogging and Shoulders. Tehama County Catthe cooperation of the brahma bull riding as the Among the 191 cow- tleWomen are one of the Grand National manage- events. boys listed were the fol- sponsors for today's ment. The criteria for the Over the 10 days in lowing from Red Bluff, Cowdog Rodear Compeannual award are as fol- 1967 there was Eva Duffy Cook, Cecil tition at the Tehama Dislows: Gabor, Jim Nabors, Nichol, Jerry Nichol, Jim trict Fairgrounds starting "It is restricted to Cal- Eddie Albert, Wayne Nunes, Wayne at 10 a.m. with free ifornia residents. The Newton, and the Young Williamson, Frank West- admission. There will successful candidate Americans as the stars in on and Oscar Metcalf, be nine handlers, nine should be actively person. Another year it Weiser, ID. dogs showcasing the engaged in livestock pro- was Roy Rogers and That Wednesday brilliance of the cowdog duction as his principal Dale Evans, or the Royal evening, Nov. 3rd, 1954 and the compassion of business, and not as an Canadian Mounted had 18 handy jumpers, the cattleman for his dog, avocation. He is to be Police in their musical the grand entry, eight his horse and the liveone who has contributed ride. five- gaited saddle hors- stock they handle. to the livestock industry The sparkle and es, mares; bareback ridJean Barton can be on a broad scale through excitement of going to ing; eight single roadat personal effort, leader- the Grand National Live- sters — horse must be of reached ship, and service. Pure stock Exposition, Rodeo, the American Standard jbarton2013@gmail.com. financial success is not Horse Show is no more. Bred breed. Must have considered as the key We used to see the top long tails and be shown selection factor. names in rodeo at the to a road wagon. Best ten "All former Livestock Cow Palace since it was head, Aberdeen-Angus Men of the Year are the last rodeo of the seainvited to the ceremony, son as they rode and $ 92 and it has become a tra- roped for a few more doldition for former members to attend the event in Discount Coupons and visit their col- CattleWomen's were published last leagues. Luncheon & week in the "A showcase with porFashion Show traits of all successful AILY EWS candidates is located in … And that does not the ads Harvest Moon Count allpercentage Dr. offering Saturday, discounts, two-for-ones Large Animal Mobile and Free-with-Purchase November 9, 2013 Veterinary Practice offers! (Serving the North State) Rolling Hills Casino Barton 23,650 D The Over 25 years of experience STOVE JUNCTION BBQ PELLETS The North State's premier supplier of stoves All makes and models. We perform dealer recommened Members Welcome 30K, 60K, 90K SERVICES AT LOWER PRICES Smog Check $ starting at 95 $ 25 + 8 certificate 25 (MOST CARS & PICK-UPS) 527-9841 • 195 S. Main St. Now in Stock! Popular customer request Serving Butte, Glenn & Tehama Counties Tues-Sat 9am-5pm • Closed Sun & Mon 22825 Antelope Blvd., Red Bluff 530-528-2221 • Fax 530-528-2229 www.thestovejunction.com RED BLUFF N TEHAMA COUNTY Art Sutfin Cell: 530 227-1459 Office: 530 934-3801 Tickets $28.00 Reservations only by October 28th 529-9679 Don't miss a Day of it! Subscribe Today 527-2151 It pays for itself. *approx. value