45Z Tax Credit’s future depends on the White House’s upcoming decisions

The Biden Administration released partial guidance around the 45Z Tax Credit, but there are still a lot of unknowns. Biofuel economists with CoBank say the next couple of months will be telling.

“But a lot will be left to the Trump administration, as well as those in Congress who are going to help try to advocate, especially Midwest House and Senate Republicans, will try to make sure that their voices are heard with the Trump administration as they try to take this initial release, this interim guidance, and then craft this into something that can continue to be profitable and helpful for those in the countryside, whether that’s farmers or biofuel producers,” said Jacque Fatka.

During her confirmation hearing, Brooke Rollins faced tough questions about biofuels and her family’s ties to the Texas oil industry. Despite the concerns, Rollins says she is full speed ahead for America’s biofuel industry, and her personal life will not be a factor in her decision-making.

Related Stories
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
A more independent UAE could add long-term pressure and volatility to energy markets, affecting fuel and fertilizer costs.
Clean power growth remains strong, but slower deal-making could affect future rural energy and land-use opportunities.
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
The Purdue student team joins us to discuss how they developed Soy-Seal, their innovative soybean-based adhesive tape, and its potential ag impact.
John Mays with Central Life Sciences joins us to discuss the importance of pest management ahead of wheat storage and how protecting grain quality can support stronger marketing opportunities.

LATEST STORIES BY THIS AUTHOR:

Lewis Williamson with HTS Commodities joins us to break down the latest USDA crop progress report, share insights from growers, and discuss how global factors are shaping planting decisions this season.
House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
Special Episode | Friday, May 8 at 7:30 PM ET
To celebrate the release of A Beautiful Life, Dailey & Vincent are giving one fan the chance to win an unforgettable Nashville experience!
Dr. Peter Beetham with Cibus joins us to discuss the Supreme Court review of a case about glyphosate use, its potential impact on Bayer and Roundup, farmers who use the products, and the ag industry as a whole.
Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.