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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
China is ending an export tax rebate for used cooking oil, a common feedstock for renewable diesel, in a move analysts say could spur higher prices and prompt U.S. biofuel producers to explore other oil sources.
Rep. Frank Lucas, the chair of the House Ag Committee during the development of the 2014 farm bill, has an optimistic view of the newly-elected House Speaker and discussed his perspective on how the timelines for the farm bill and appropriations bills may be influenced by this change in leadership on this week's Agri-Pulse Newsmakers.
Commodity groups face some critical farm bill decisions in coming weeks that hinge on factors out of their control, including an updated forecast of farm program costs and uncertainty about the ongoing debt ceiling standoff between the White House and House Republicans.
Deputy Ag Secretary Jewel Bronaugh plans to leave her USDA position at the end of the month, but she thinks the department's staff and progress on a slate of equity recommendations will be left on good footing.
The renewable diesel boom has fueled a surge in expected soybean crushing capacity and a need for more production of the crop, though the EPA’s proposed Renewable Fuel Standard volumes and declining credit values for California’s Low Carbon Fuel Standard may dampen the fledgling industry’s ambitions.
Drought has spread into regions this fall essential to the Biden administration’s plans to boost wheat production through double cropping, but many farmers who follow the practice in their normal rotations haven’t strayed from their plans to sow winter wheat this fall.
A Senate Agriculture Committee member says the Department of Agriculture is “seriously evaluating” a letter sent by members of Congress from the upper Midwest that would support farmers struggling with late planting.