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ASA welcomes 45Z updates supporting U.S. soybean farmers, biofuels
The American Soybean Association welcomed actions this week from the U.S. Department of Energy and Internal Revenue Service that provide greater clarity and usability for the 45Z Clean Fuel Production Credit, an important tool for supporting domestic biofuel production and demand for U.S. soybeans. DOE updated the 45ZCF-GREET model to incorporate carbon intensity adjustments for certain regenerative agricultural practices, including practices used in soybean production. At the same time, IRS...
New Renewable Fuel Standard volumes spurring industry growth
The Environmental Protection Agency's new Renewable Fuel Standard volumes are giving the biodiesel industry a significant boost. The agency raised biomass-based diesel obligations to levels the industry says more accurately reflect production capacity. Paul Winters,...
End of July defined by intense market volatility
Just when we thought the markets couldn’t be any more volatile, the grains proved us wrong by dropping 20 cents in the corn and nearly 40 cents in the soybeans. Pressure from the warm and dry weather here in the U.S. and war headlines overseas will keep the markets...
Dairy industry needs USMCA improvements
The USMCA has been in the spotlight this summer with the review process in July a major focus. Dr. Megan Roberts is an economist with Compeer Financial and says that United States dairy producers have been closely watching the process unfold. On the Dairy Stream...
EPA seeks changes to WOTUS and DEF rules
The U.S. Environmental Protection Agency is proposing a rule that would eliminate derate requirements for diesel exhaust fluid (DEF) on certain diesel-powered equipment. The proposal comes after months of feedback from farmers, ranchers, and truckers, who identified...
Corn condition drops amid heatwaves
The damage from triple-digit heat across the Midwest and Plains is showing up in the numbers, reports AgWeb. USDA’s weekly crop progress report shows the steepest week-over-week decline in corn good to excellent condition ratings for this point in the growing season...
Naig previews America 250 Harvest Festival
Iowa is putting an agricultural spin on the nation's 250th anniversary celebration. Rather than centering its signature event around Independence Day, state leaders have planned an America 250 Harvest Festival this October to recognize Iowa's agricultural heritage and...
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China steps up U.S. soybean purchases ahead of Trump-Xi meeting
China has increased purchases of U.S. soybeans following a May summit between President Donald Trump and Chinese President Xi Jinping, providing a boost for American soybean exporters. The U.S. Department of Agriculture reported China purchased 238,000 metric tons of...
Iowa producers welcome meat export recovery
Although U.S. beef exports were slightly lower in volume in June, export value was higher than a year ago. USMEF President and CEO Dan Halstrom said U.S. beef exports are benefiting from strong demand in countries like Taiwan and parts of Latin America. Growing demand...
Iowa cattle producers can turn calf health into sale-day value
Calves in today’s market are bringing strong prices, but what you put into them only pays off if buyers recognize it. With calves representing a high-value investment, new auction data shows buyers are willing to pay more when calves have a clear health history. Chris...
Boozman: Farm bill work resumes in September
The Senate farm bill remains stalled as lawmakers head into the August recess, with a disagreement over changes to the Supplemental Nutrition Assistance Program continuing to hold up progress. At the center of the dispute are new requirements tied to state SNAP error...
Prop 12 battle continues as farm bill stalls again
Yesterday, the Senate Farm Bill failed to pass out of the Senate Ag Committee after Democrats rejected the Republican proposal in a narrow 10-11 vote. Now, the Farm Bill- and all of its attached legislation- does not have a clear path forward. However, groups like the...
