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Treasury, IRS issue proposed regulations on the clean fuel production credit
The Department of the Treasury and the Internal Revenue Service today issued proposed regulations for domestic producers of clean transportation fuel to determine their eligibility for and calculate the clean fuel production credit under the One, Big, Beautiful Bill. The new law made important changes to what is often referred to as the 45Z credit. The clean fuel production credit provides businesses an income tax credit for clean transportation fuel produced domestically after Dec. 31, 2024,...
National FFA Week celebrates past, present, and future members
We’re currently in the middle of National FFA Week, and members across the state of Iowa have been celebrating through all sorts of activities. In fact, the Iowa FFA leadership team has been travelling everywhere to visit as many of the local chapters as possible....
EPA considers slowing shift to electric vehicles
The Environmental Protection Agency is considering slowing tailpipe emission limits, which would give automakers more time to increase electric vehicle sales. The New York Times, followed by the Washington Post, reported the change, which could be viewed by some as a...
Start protecting your crops early in the growing season
Several yield factors, like minimizing inputs and maximizing weed and disease control, are at the top of every farmer’s mind as the 2024 planting season approaches. Getting a head start with early-season crop protection can help farmers reduce the stress their crops,...
Assessment shows U.S. soy’s carbon footprint has considerably decreased
A newly released Life Cycle Assessment found the U.S. soybean industry’s global warming potential profile decreased considerably in 2021 for whole soybeans, soybean meal, and soy oil compared to previously reported findings in 2015 and 2010. Commissioned by the United...
How you can help create more corn and soybean demand
Going in search of demand for our Iowa Agricultural products. Specifically, increasing the consumption of renewable fuels to increase commodity prices as well as additional revenue streams for producers. There's a big push right now for E15 sales to be made legal...
South American Weather and Crop Update (2-20-24)
Brazil has some good rains still, and Argentina is still dry. However, some nice rains are projected to pass through both countries. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in South America. McBride said harvest and...
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Several changes for this year’s state fair, but the heart remains
The Iowa State Fair is less than a month away, and the people who run it are excited (with a healthy dose of fear) for it to kick off. Iowa State Fair CEO Jeremy Parsons said several events have taken place on the fairgrounds recently, and that helps them to be...
Despite bullish July WASDE, market expectations should be tempered
It seems like we only get one or two friendly USDA reports to talk about every year, and the July WASDE report was one of them. However, it’s not as bullish as it might initially seem, so expectations for the long term need to be tempered. Allendale commodity broker...
Sun powered sustainability taking shape at Chevron REG in Mason City
Chevron Renewable Energy Group is introducing an enhancement at its Mason City biodiesel production facility that includes the installation of a solar array. The project kicked off with a groundbreaking event at the site that included local leaders and project...
Secretary Naig anticipates record year for water quality wetlands in Iowa
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship anticipates a record calendar year for progress toward the construction of Department-sponsored water quality wetlands within Iowa. Over the past few...
Outlook for fall 2024 fertilizer shipments
While we just passed the 4th of July a week ago, it is not unreasonable to think about the supplies you will need for and after the fall harvest. One of the biggest inputs that will be thought about is the fall fertilizer and its availability. In the past, we saw some...
