Any more delays around the 45Z tax credit could cause market confusion, lawmakers warn

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.”

Related Stories
From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
Large Brazilian crops heighten downside price risk if the weather allows production to reach projected levels.
Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
While row crops are expected to see softer impacts, analysts say severe weather of this magnitude will not be as kind to cattle producers.
Dairy farmer and Discover Ag co-host Tara Vander Dussen joined us to discuss the Whole Milk for Healthy Kids Act, her experience at the signing, and what’s next for her family and farm.
The Farm Bureau is making an urgent call to Congress for more farm support. Colton Lacina with Farmers National Company joined us to discuss farmland values and how market dynamics for the year ahead reflect stabilization rather than collapse.

LATEST STORIES BY THIS AUTHOR:

House Agriculture Committee Democrats are calling for action on the Farm and Family Relief Act, warning that proposed SNAP cost shifts to states could reduce food assistance for low-income families amid ongoing tariffs and trade disruptions that continue to strain U.S. farmers.
Expanded school access to whole milk provides modest but reliable demand support for U.S. dairy producers.
StockShowAuctions.com takes us to the Midland County Junior Livestock Show in West Texas, where young producers are showcasing their dedication, skill, and champion livestock.
Alissa White with American Farmland Trust joined us to provide insight into climate resilience efforts and strategies to help farmers manage weather-related risks.
University of Nebraska President Dr. Jeffrey Gold joined us to share practical health and safety guidance for managing respiratory and skin health during the winter season.
Roger McEowen with the Washburn University School of Law joined us to provide legal analysis on key cases shaping the agricultural landscape heading into the year ahead.