Oklahoma's Latest Farm
And Ranch News
| |
Bullard bill to help state better monitor medical marijuana industry’s water usage |
The Senate Finance Committee approved legislation Monday clarifying that medical marijuana is not an “agricultural product” and therefore does not qualify for the state’s agricultural sales tax exemption. Sen. David Bullard, R-Durant, said Senate Bill 133 is needed to clarify marijuana’s status and to help the state be able to better track the industry’s water usage.
“In 2018, Oklahoma voters approved State Question 788, but they did not vote to allow medical marijuana to be exempt from the agriculture sales tax. While growers are not using the tax exemption, the law still needs to be clarified because the water usage of industries that do get the exemption can’t be monitored by the state,” Bullard said. “Marijuana grows use a lot of water and are causing problems for smaller, rural communities, so it’s imperative that the state, our municipalities, and counties know exactly how much is being pulled for future planning and to protect local water sources.”
Currently, agriculture products produced in Oklahoma and sold from or at a farm, orchard, or garden directly to consumers are provided a sales tax exemption. SB 133 would clarify that growing, processing, and harvesting medical marijuana would not qualify as an “agricultural product” as is defined for the agricultural sales tax exemption.
SB 133 now moves to the Senate floor for further debate.
| | |
We invite you to listen to us on great radio stations across the region on the Radio Oklahoma Ag Network weekdays-
if you missed this morning's Farm News - or you are in an area where you can't hear it- click below for this morning's Farm news from Ron Hays and KC Sheperd on RON.
|
Sponsor Spotlight
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
|
|
Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is a big reason why Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity dives into these stories, bringing you stories covering rural life, agriculture, energy, healthcare, tourism, and politics affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Oklahoma Farm Report's Ron Hays talks regenerative agriculture and ranching with Jimmy Emmons. Jimmy is a long time resident of Leedey, OK. He is the third generation on the family farm in Dewey County. He and his wife Ginger have been farming and ranching together since 1980. They have a diverse 2000 acre cropping operation growing wheat, soybeans, sesame, sunflowers, irrigated dairy alfalfa hay, canola, grain sorghum and several cover crops for seed.
Jimmy has been monitoring soil health with soil testing since 2011 utilizing cover crops to enhance soil health.
Jimmy and Ginger also have a 250 cow/calf herd and take in yearling cattle for custom grazing on the nearly 6000 acres of native range. Ginger is the primary cattle manager in the operation. The Emmons’ utilize an adaptive multi-paddock grazing system on their range and forages grown on crop ground. They use the system to keep the native grasses and soils healthy, maximize biological diversity and optimize animal health.
As Jimmy Says- Long Live the Soil!
Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.
To hear this podcast, you can click here or tap below:
| |
Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Union Mutual Insurance, the Oklahoma Cattlemens Association, and KIS Futures for their support of our daily Farm News Update.
For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
| |
God Bless!
Reach Out To Us:
| |
Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
| |
KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
| |
Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
| | | | |