WASHINGTON, D.C. (RFD NEWS) — The U.S. Treasury Department is expected to publish updated guidance on the 45Z tax credit on Wednesday. The revised guidance prioritizes North American feedstocks and limits eligibility for imported waste oils such as cooking oil and tallow. It also removes the indirect land use penalty, which the American Soybean Association has previously identified as a significant barrier.
Senator Roger Marshall (R-KS) joined us on Wednesday’s Market Day Report to share his perspective on the new guidance and highlight the potential benefits of the tax credit — not only for farmers and biofuel producers, but also for rural communities.
In his interview with RFD NEWS, Sen. Marshall discussed the details of the revisions and how they reflect priorities he has supported for U.S. agriculture. He also addressed how long the industry has waited for updated guidance, discussed the certainty the changes could bring to producers, and outlined what comes next in the process as the guidance is finalized.
Finally, Marshall shared a message for Kansas cattle producers as NCBA’s CattleCon gets underway in Nashville.
Reported results include stronger in-season nitrogen response, average yield gains of more than seven bushels per acre and more than $18 per acre in net return.
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Tony Adkins with Specialty Risk Insurance addresses current market challenges for farmers and ranchers and offers strategies to help producers navigate risk.
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AFBF Women’s Leadership Committee Chair Isabella Chism joined us to discuss Ag Day planning, community involvement, and supporting the future of agriculture.
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EPA Administrator Scott Mason shares updates on farm equipment regulations, regional accomplishments, and federal efforts supporting agriculture in honor of National Ag Day.
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Sen. Roger Marshall joins us in honor of National Ag Day to share legislative updates, highlight key policy victories, and initiatives supporting farmers and rural communities he is championing in Washington.
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With deep agricultural ties, Dr. Carrie Castille, a South Louisiana native, aims to support ULM student success and connect rural communities.
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