The Department of Energy has scrapped a nearly $5 billion loan program for the Grain Belt Express, a nearly 600-mile-long electric line for wind & solar projects out of the Midwest.
The Department says it was a project “rushed out the door” in the final days of the Biden Administration. It also says the conditions necessary to issue the $4.9 billion loan are unlikely to be met, and it is not critical for the federal government to play a role in the project.
The Grain Belt Express was intended to connect wind and solar facilities across Kansas and Missouri. Senator Josh Hawley previously said the 600-mile project would put farmers in danger of losing land.
Related Stories
Crop diseases and pests are taking a toll on Kansas corn. Two crop experts from Kansas State University share tips for producers dealing with cutworms and armyworms.
The Illinois Farm Bureau shows how hemp can regenerate the earth and boost rural economies.
Betsy Jibben with Ag Market Consulting takes us behind the scenes on report day with AgMarket.net.
A slimmed-down Farm Bill is back on the table in Washington, with lawmakers pushing for a deal by Fall 2025. Sen. Jerry Moran of Kansas weighs in with his outlook.
Foreign trade partners, such as China and the European Union, are still purchasing U.S. commodities, but are becoming more cautious as the Trump Administration’s tariff deadline approaches in August.
