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
Texas Agriculture Commissioner Sid Miller today unveiled a bold plan to protect the nation’s prime farm and ranchland from the rapid spread of data centers.
Secretary Rollins also met with specialty crop producers at a local strawberry farm to discuss workforce needs and the Trump Administration’s recent wins related to significantly cutting the cost of H-2A labor for California farmers.
China’s beef policy risk stems from domestic volatility, making export demand inherently unstable. Jake Charleston with Specialty Risk Insurance offers his perspective on cattle markets, risk management, and producer sentiment.
U.S. Secretary of Agriculture Brooke Rollins said permanent access to the higher ethanol blend would provide farmers with much-needed certainty while supporting domestic crop demand.
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Food prices increased in December, but not as much as expected, according to the latest Consumer Price Index from the U.S. Bureau of Labor and Statistics.