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.
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Roger McEowen, with the Washburn School of Law, offers an in-depth look at two of the top legal issues of 202. Today, he walks through last year’s Waters of the United States (WOTUS) ruling and “lawfare.”
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Lewis Williamson of HTS Commodities joined us with an update on the historic winter storm impacts and his outlook on today’s ag markets.
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Marilyn Schlake with the UNL Department of Agricultural Economics joined us for a closer look at the evolving role of livestock sale barns.
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RFD NEWS correspondent Frank McCaffrey recently spoke with Dr. Mike Vickers, a South Texas rancher, who says illegal border crossings have dramatically declined in the last year.
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New rule speeds leasing and permitting for federal oil and gas development
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Auction manager and West Texas A&M University student Presley Graves joined us to discuss the growth of StockShowAuctions.com and its impact on youth in agriculture.
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Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.
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