Legislation is being reintroduced to restrict 45Z tax credit eligibility to renewable fuels made only from domestic feedstocks. It also aims to extend the credit to ten years, allowing time to build needed infrastructure.
It is being led by Senator Roger Marshall of Kansas.
Sen. Marshall spoke with RFD-TV’s Suzanne Alexander about what the Farmer First Fuel Incentive Act aims to do, how it will boost energy production, and next steps for the legislation.
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The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.