Please consider becoming a member of our association. Join your voice with cattle, sheep and horse ranchers from across the state as we work together for the continued success and viability of our independent livestock producers.

The South Dakota Stockgrowers Association is a grassroots organization whose individual producer members determine issues of importance to the state's livestock industry. With input into the policy development, each member has the opportunity to influence SDSGA's policy and priorities. Individual members of the Association pull together to make powerful decisions - dedicated to promoting the livestock industry and enhancing the opportunity for profitability.

SD Stockgrowers News

SD Stockgrowers call on President Trump to Enact GIPSA Rules

SD Stockgrowers call on President Trump to Enact GIPSA Rules

 

SD Stockgrowers Association joined other livestock groups across the country this week in calling on President Trump to enact the GIPSA rules to protect independent livestock producers from price discrimination. USDA Secretary Sonny Perdue withdrew the proposed rule last week just days before it was to take effect.

 

SDSGA Marketing Committee Chair Vaughn Meyer

“We are extremely disappointed in Secretary Perdue’s decision to withdraw the GIPSA rule,” saidMarketing Committee Chairman Vaughn Meyer. “Refusing to implement this rule is just going to further concentrate the power of the packing industry and continue to leave our independent producers at a disadvantage.”

“We’re asking President Trump to uphold his commitment to support rural America by overturning  Secretary Perdue’s decision. These GIPSA rules are essential for making sure our ranchers have a fair playing field and a competitive market.”

Senator Chuck Grassley (R-IA) and Senator Jon Tester (D-MT) wrote a letter to Secretary Perdue urging him to reconsider the withdrawal saying, “We vehemently disagree with that decision”. The letter went on to say, “… current practices of multi-national livestock corporations, one of which is being investigated for unprecedented corruption, allow them to exploit farmers and ranchers. ” The Senators’ letter reminded Secretary Perdue that Congress specifically instructed the Secretary of Agriculture to create new rules to ensure a better functioning marketplace for farmers and ranchers in the livestock industry.

SDSGA President Gary Deering

“The GIPSA rules aimed to give producers a tool to use in the event they had been treated unfairly,” SD Stockgrowers President Gary Deering questioned the withdrawal of the rule in a editorial writtenlast week. “We need protection in place to not only insure fair markets today, but insure that we don’t witness what many South Dakota hog producers went through in the early 1990’s, and what the chicken producers went through before that. The South Dakota Stockgrowers worked very hard to get GIPSA rules implemented, and will work hard with this and future Administrations to get the rules that producers deserve.

Deering continued by saying, “I implore Secretary Perdue to consider ways to work with us to protect our family ranchers and farmers. The South Dakota Stockgrowers, stands ready to work with Congress, and the Administration to find solutions that will insure our future independence as producers, and financial viability.”

 

Editorial: Why Would Senator Rounds Protect the Death Tax?

Editorial:  Why Would Senator Rounds Protect the Death Tax?

 

Gary Deering is the President of the SD Stockgrowers Association.  He ranches with his wife Jessica and their three young sons on their family ranch near Hereford in western South Dakota.

I think we all hope for a relatively similar progression to our lives. We hope that the tough decisions and hard work pay off, and that after making the usual payments on assets, housing, vehicles, insurance, and education for our children, we hopefully will have enough time to save and pay for us to die!

The death tax has been in the news a lot lately and has been accused of being a tax that only the rich have to worry about. The problem with giving this tax the title of the “Robin Hood” of taxes is it forgets to take into account the backbone of America, the ones that raise the food.

I am very concerned, today after reading the comments of South Dakota Senator Mike Rounds announcing his opposition to the Republican Party’s long time goal of repealing the Death tax. Ironically, his statements are much different than they were just a few months ago, as reported by the Huron Plainsmen, when he said and speaking on repealing the death tax, “That would be a positive move forward for them (farmers and ranchers). Often because their assets aren’t liquid, they are forced to borrow money, or sell land to pay the federal estate tax”, he said.

I’m not sure what caused Senator Rounds to do a complete turnaround in the last couple of months but I feel the family farmers and ranchers of South Dakota deserve an explanation. It’s hard to believe a Senator from South Dakota would be quoted as saying the death tax repeal is unnecessary when it will at some point affect one-third of the farmers and ranchers in the State that he represents.

Farmers and ranchers are asset rich, and cash poor making it very difficult to hire people to help find loopholes that many are accusing the beneficiaries of the Death tax of doing. Many times estates rise to the level of being taxed before producers and estates have time to adjust, as many farms in South Dakota experienced when land values rose over 20% from 2013-2014.

There are various ways of helping your estate get around the burden of the Death Tax, but unfortunately planning, paying, caring for and being taxed on assets which you have saved for takes up as much time as worrying about passing your legacy on. The Death Tax puts family farming operations at a disadvantage to the major corporate counterparts, therefore it seems hypocritical to me that anyone can be pro family farming and for the death tax.

This is an issue I have been watching closely as I come to an age of taking over the assets and management of my family’s ranch. I’m working together with my parents, for the better part of two years, on estate planning for our ranch. But, I also recently turned 40 and as I look to my children I realize that in the not too distant future we will be planning my estate.

Farmers and ranchers will agree with the Senator that there are a number of items within the tax reform bill that we need to focus on, like interest deductions, 1031 exchanges, and more, but we do not feel that death tax should be used in playing Russian roulette!

We have been grateful for the continued support from Senator John Thune and Congresswoman Kristi Noem on repealing the estate tax for our farms and ranches. I hope Senator Rounds can take the time and visit with Congresswomen Noem, and get her to explain why the death tax matter to South Dakota, as she has dealt first hand with how devastating this tax can be after a farm accident took her father.