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Changes to Clean Fuel Production Credit can help U.S. farmers

Changes to Clean Fuel Production Credit can help U.S. farmers

Long-awaited updates to the Clean Fuel Production Tax Credit, known as 45Z, have been announced by the Department of Energy. These changes could benefit farmers and ranchers in the future. Brian Glenn, director of government affairs for the American Farm Bureau Federation, says the changes allow for calculations of tax incentives using the GREET model. The emission rate becomes a carbon intensity score, and the lower the score, the higher the tax credit. Congress authorized the change to the...

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Recent rains soaking deep into the soil profile

Recent rains soaking deep into the soil profile

After one of the driest starts in recorded history for October, the end of the month brought plenty of rain. At this point, the weather is now continuing with a wetter pattern. Justin Glisan, state climatologist for Iowa, gave an update on the latest conditions. Since...

Adding value to the U.S. pork industry through innovation

Adding value to the U.S. pork industry through innovation

Research-backed innovation uses technology, consumer trends and cuts to add value to the product. Kevin Sheehan, director of processor engagement at the National Pork Board, said innovation has been very beneficial to the packer side of the industry. Sheehan said...

Tractor manufacturers slow production as demand declines

Tractor manufacturers slow production as demand declines

As farmers struggle with low crop prices, relatively high interest rates and increased input costs, fewer are making big-ticket purchases like tractors, combines and farm implements, resulting in a backlog of inventory across the globe. Machinery manufacturer AGCO has...

What would a major animal disease response look like?

What would a major animal disease response look like?

We talk at length about the diseases that affect the livestock industry, whether it is H5N1, PRRS, or BRD. One of the things we have been blessed to not discuss, though, is African Swine Fever (ASF) or any other foreign animal disease (FAD) of that caliber. We know...

South American Weather and Crop Update (11-12-24)

South American Weather and Crop Update (11-12-24)

The rainy monsoon season is continuing to bring plenty of moisture to the fields in South America. Allendale commodity broker Greg McBride gave an update on the conditions in Brazil and Argentina. McBride said planting progress is continuing at a good pace as well....

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Strong U.S. red meat export totals for January

Strong U.S. red meat export totals for January

Exports of U.S. beef trended higher than a year ago in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports were slightly below last January’s large totals, despite another outstanding performance in Mexico...