Frustrating to Watch: Iowa’s biodiesel industry suffers due to policy uncertainties

The economic uncertainty of today’s ag economy has left biodiesel producers in Iowa struggling.

Biodiesel plants across the state, which were once busy. are now sitting idle.

Plant workers say that several plants were even forced to shut down after the expiration of the biodiesel tax incentive 40A and delayed guidance on the 45Z Clean Fuel Production Credit

The Executive Director of the Iowa Biodiesel Board says that it has been frustrating to watch and says that people behind the facilities are feeling the strain. He says that the federal government needs to put policies in place that support biodiesel production and do not leave producer in limbo.

Related Stories
Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.
Corn exports remain strong, while soybeans and wheat shift week to week on river conditions and global demand.
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
Olivia Bury, AgriSafe Network Behavioral Health Coordinator, shares about AgriSafe Network’s resources created to support farmers and rural Americans.