Despite several setbacks, many ag groups still have their eyes on the skies for the future of ethanol through sustainable jet fuel. They are focused on the Clean Fuel Tax Credit, which is still pending treasury approval.
The Renewable Fuels Association is watching closely, and its Senior Vice President says they want to ensure the treasury uses the best available science. He says that includes making sure crop biofuels, like corn ethanol, have a seat at the table in clean fuel production.
The RFA is also working on a credit trading system to give farmers extra income by selling credits to ethanol producers.
Related Stories
Year-to-date red meat production is down 2 percent, with beef lower and pork higher.
Drought and Planting Shape Weekly Crop Condition Recap
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.
The coalition says the program was designed to make cover crop enrollment faster and easier for producers.
European officials say the temporary move is aimed at easing pressure on farmers as conflict in the Middle East disrupts fertilizer markets.
Canadian industry leaders argue the tax policies cited by U.S. officials are similar to exemptions already used by American growers.