While the ag community works to factor in the revised net farm income numbers, there is still a lot of concern around the 45Z tax credit, but there is also a lot of confusion, too.
Reuters reports the Biden Administration will not finalize the anticipated guidelines before leaving office, but other outlets, like Bloomberg, have conflicting information. Analysts with DTN say they spoke to officials at the Treasury Department and they say there will be guidance before the new Administration takes over.
Senator Chuck Grassley weighed in on the matter pn X, saying, “Delaying the 45Z guidance will be disruptive to the biofuels industry. The Biden administration’s climate agenda has prioritized pet projects for coastal elites and left middle America behind at every turn. That ends when Republicans take power next year.”
AFBF Economist Nelson joins us to discuss sterile fly production, producer biosecurity practices, veterinary coordination, and potential financial tools to support livestock operations as eradication efforts continue.
Farm Journal Foundation veterinarian Dr. Stephanie Mercier discusses USDA’s New World Screwworm eradication, sterile fly production, trade restrictions, biosecurity, and the path ahead for U.S. cattle producers.
The updated lineup helps producers boost efficiency while enhancing operator comfort.
The most notable crop changes came in wheat.
United Soybean Board Director and Missouri farmer Kyle Durham joins us to discuss farmer sentiment, alternative revenue programs, conservation incentives, domestic demand trends, and conditions on his farm this spring.
Secretary Rollins says the first U.S. calf infected with screwworm responded to treatment and is back to full health.
