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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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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....

Ag exports dropped slightly in FY 2024

Ag exports dropped slightly in FY 2024

Fiscal year 2024 ended September 30th and the final fiscal numbers of the year are now available. Total exports for the year were $174.4 billion dollars, which was slightly better than expectations. However, USDA economist Bart Kenner says export values were still...

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

AFBF announces first Veteran Farmer of Excellence award

A new award recognizes veterans or service members for excellence in farming and positively impacting their communities. Retired Army Colonel Joe Ricker of Indiana is the first winner of the American Farm Bureau’s Veteran Farmer of Excellence Award. Ricker served 30...

What could tariffs mean for fertilizer in 2025?

What could tariffs mean for fertilizer in 2025?

We are a week removed from the Presidential election, and President-Elect Trump is already assembling his teams for the transfer of power in January. One of the things the American and Global economies will be paying close attention to is whether Trump follows through...

Cost down to raise 2025 corn crop

Cost down to raise 2025 corn crop

Looking ahead to the 2025 corn crop, one company says the cost to raise that crop is down. Farmers National Company says 2025 crop inputs are expected to see a slight reduction compared to 2024. While some farms may experience increased costs for specific reasons,...

Supporting veterans who are in need of food

Supporting veterans who are in need of food

On this Veterans Day, take a moment to think of the veterans who may be living in less fortunate conditions. Nearly 1.5 million veterans in the U.S. are living below the federal poverty level, and veterans living in poverty are at higher risk than nonveterans for food...

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