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
Country music artist Bobby Marquez helps host the annual event. Marquez also joined RFD-TV’s own Susanne Alexander in the studio for an update on the event as well as his other latest projects.
A new study from the University of California shows E-15 provides more emissions reductions compared to other blends of gasoline on the market.
RFD-TV’s own Tammi Arender was down on Broadway covering all the action at CMA Fest when she stumbled upon some apple farmers from North-Central Washington selling a new, must-try apple variety.
In this AARP Live Minute, Sarah Jennings shares three surprising benefits of meditation.
When discussing pollinators, most minds jump to bumblebees and butterflies. According to two new studies released in the United Kingdom, conservationists may need to adjust focus to include a very important nighttime pollinator: moths.

LATEST STORIES BY THIS AUTHOR:

Breakout country music star Austin Williams joined us at RFD-TV Studios to talk about his upbringing, how he started playing music after a back surgery, and his current and upcoming projects.
The State of Louisiana is known as a major wintering location for North American waterfowl. However, a new visitor — a species of Whistling Ducks hailing from South America — may pose a problem to native species.
In honor of Veterans Day this weekend, we wanted to take a moment to highlight an incredible program connecting our great nation’s heroes with agriculture!