Ag Docket Blog


Update: USDA has released more guidance, including an example of AD-3114, the CFAP application, in Notice CFAP-4.


Update: Late on May 13, Treasury extended the deadline for repaying a PPP loan without review from May 14 to May 18.


Update: On May 13, 2020, SBA and Treasury issued additional guidance providing a safe harbor and extending the dealine for returning a loan to May 18.

Note: On May 4, SBA began accepting applications for EIDL advances from agricultural businesses only.

It’s official. The President signed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, into law today. This law provides another opportunity for some small businesses, including agricultural producers, to get in line for a potential loan to help them through the next few months.


Late on April 30, 2020, IRS issued Notice 2020-32, stating that no deduction is allowed for an expense that is otherwise deductible if the payment of the expense results in forgiveness of a covered loan under the Paycheck Protection Program (PPP).


The question before the U.S. Supreme Court was whether the Clean Water Act requires a permit when pollutants originate from a point source but are conveyed to navigable waters by a nonpoint source, in this case, groundwater. Many had hoped the Court’s answer to this question would clarify longtime ambiguity under the CWA. But given the complexity of the issue, that was not to be.


A bankruptcy court recently ruled in a Chapter 12 case that federal and state taxing authorities do not have the right to offset a refund with tax debt stripped of its priority by 11 U.S.C. § 1232. This was a court’s first opportunity to rule on this question since the passage of the Family Farmer Bankruptcy Clarification Act of 2017.


The Iowa Supreme Court recently issued a decision in a key case involving competing claims by a secured lender and a grain elevator over the costs of storing and drying the grain. The April 17, 2020, case--MidWestOne Bank v. Heartland Co-op, No.

April 18, 2020 | Kristine A. Tidgren

Late Friday, April 17, U.S. Secretary of Agriculture Sonny Perdue announced the creation of the Coronavirus Food Assistance Program (CFAP).

April 15, 2020 | Kristine A. Tidgren

In an effort to provide relief to businesses struggling because of the COVID-19 crisis, the CARES Act unraveled several of the provisions enacted by the Tax Cuts and Jobs Act to generate revenue. Several of these key changes were to net operating loss provisions, opening the door for some taxpayers to recover fairly immediate refunds if they act quickly.

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