USDA has released the interim rule for climate-smart crops used as biofuel feedstocks.
While the guidance is welcome news for the industry, many are still waiting on additional clarity on the 45Z tax credit.
Roger McEowen with Washburn School of Law spoke with RFD-TV’s own Tammi Arender on the rule’s main highlights, the information that is still needed, and policy shifts as a new administration takes office.
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Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.