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.”
Officials say the FDA-approved generic drug kills most screwworm larvae within hours of administration. The medication is available in two dosage strengths and is administered based on an animal’s weight.
Secretary Brooke Rollins announced the distribution of a comprehensive memorandum on Friday in Fort Worth, at RFD-TV’s Rural Town Hall presented by the Western Caucus Foundation.
The special presentation by RFD-TV and the Western Caucus Foundation will feature keynote remarks by U.S. Secretary of Agriculture Brooke Rollins.
Panama matters to agriculture as both a freight corridor and a potential future market for U.S. ethanol.
Ethanol and feed coproduct exports remain strong outlets for corn demand, even after April’s pullback.
AFBF Economist Bernt Nelson discusses biosecurity to prevent New World Screwworm and financial tools to support livestock as eradication efforts continue.