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Shining Light on Farm & Food Policy for 20 Years.
Thursday, March 06, 2025
Across the biofuel industry, some sectors are optimistic the Biden administration's framework for the key 45Z tax credit will boost clean fuel production and support farmers. However, the proposals are not a slam-dunk, and groups are preparing to continue advocacy with the new Trump team.
USDA is making it easier for growers to qualify for a new biofuel tax credit by increasing the number of eligible crops and climate-smart farming practices and dropping a bundling requirement.
Texas farmers will receive about 10% of the $9.7 billion in market relief payments that Congress authorized in its year-end funding bill, according to a University of Missouri analysis. Iowa, Illinois and Kansas will collectively receive another 25% of the total.
A raft of new trade and development deals inked by the Chinese and Brazilian governments on Wednesday, including agreements to boost several agriculture exports, indicates that Beijing is preparing for a Trump presidency, according to analysts.
The Biden administration on Thursday announced plans to use USDA’s Commodity Credit Corporation spending authority to provide $1 billion in additional food assistance overseas, a move requested by leaders of the Senate Agriculture Committee last year.
USDA has decided to reduce the kind of data farmers must provide through the department's Partnerships for Climate-Smart Commodities initiative due to concerns the information requirements could limit producer participation.
The Department of Agriculture’s annual Crop Production report surprised traders with increases to the 2023 corn and soybean yield, pulling prices for both commodities lower in what could be the start of a longer trend.
In this opinion piece, Nate Blum with BlüMilo and Sorghum United discusses the sustainable cultivation practices of sorghum and millets and highlights the support required to increase demand.
