Central Minnesota's Total Country (105.5 FM)
The Senate passed a 1 year extension of the multiple tax incentives and credits on Tuesday, including many that have direct impact on agriculture. The American Soybean Association was in favor of the bill passage, as it allows extension of the $1 per gallon Biodiesel Tax Incentive. The Section 179 expensing provision that farmers and other business owners use when buying new equipment was among the items that were included.
Minnesota's flu season is prompting Fairview Health Services to tighten visitor restrictions at its hospitals including in the Twin Cities. Fairview Doctor Steve Meisel says visitors who have the flu, flu like symptoms or have been around someone with the flu will not be allowed to visit in-person. Fairview is also limiting visitors to age five and older. U of MN Medical Center and Masonic Children's Hospital are two of the hospitals being monitored.
It's another day of losses on Wall Street. The Dow Jones Industrial Average fell 112 points today to close at 17,069. The Nasdaq dropped 57 points to 4548. The S&P 500 lost 17 points to 1973. The price of oil was nearly unchanged at just short of $56 a barrel.