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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
Kip Tom, who leads President-elect Donald Trump’s ag coalition, says he expects the transition team to move much more quickly to fill cabinet positions. Whether Tom is going to be in it, perhaps as agriculture secretary, remains to be seen. He served as U.S. ambassador to the UN agriculture and food programs during the first Trump administration.
Along the campaign trail, President-elect Donald Trump had vowed to repeal parts of the Biden administration's landmark climate law, the Inflation Reduction Act. Now facing a second Trump administration, industry groups are hopeful broad bipartisan support for biofuels and conservation programs in Congress means these initiatives will remain in place.
Farm groups are re-upping concerns that the next phase of biofuel tax credits could still include bundling requirements that some say could limit opportunities for farmers.
Election results should start coming in tonight, with control of the White House, Senate and House all very much up in the air. But keep in mind it could be days before we know which party controls the White House and U.S. House, given the time it will take to count votes.
The goal of turning corn ethanol into sustainable aviation fuel is a little closer with the announcement that Gevo has secured a conditional, $1.46 billion loan guarantee from the Department of Energy. It’s the department’s first such commitment for an alcohol-to-jet fuel facility.
The Sustainable Aviation Fuel industry is still waiting for clear signals that the market is stable through the form of long-term policies and incentives.
Dockworkers and their employers appear to have made little progress in discussions over a new contract as the strike that started Monday at East and Gulf Coast ports continues to snarl supply chains for containerized agricultural products.