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.
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“Getting this across the finish line is crucial to providing certainty to our farmers and ranchers.”
Wholesale egg prices decreased by 64% from their peak in late 2024, while retail prices have dropped by 27%, according to a recent USDA update.
“We’re actually seeing a decline in the prevelence of vegan, vegetarian diets. We’re seeing more interest in meat protein in general.”
