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.”
Calling all FarmHers! RFD-TV’s sister network, FarmHer, just announced a new initiative in the works to empower women in agriculture at a one-day event in Iowa this November.
September 21, 2023 01:03 PM
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Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
September 21, 2023 11:02 AM
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The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
September 20, 2023 12:25 PM
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Egg prices have been on a roller coaster this year, soaring sky-high and falling back down to Earth in just a few months.
September 19, 2023 12:41 PM
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September 14, 2023 11:51 AM
Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
September 13, 2023 02:07 PM
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