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Treasury, IRS issue proposed regulations on the clean fuel production credit

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,...

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Senator Ernst talks about new USDA HPAI measures

Senator Ernst talks about new USDA HPAI measures

The USDA has pledged to support poultry producers affected by the ongoing avian influenza outbreak. This funding will help enhance biosecurity measures, provide financial assistance to farmers who have had to cull infected flocks, and support research into potential...

ISU Seed Science Center leading the way nationally and internationally

ISU Seed Science Center leading the way nationally and internationally

The Seed Science Center at Iowa State University is a national and international leader in seed research, education, technology transfer, and international seed programs. The center assists with teaching, research, and extension programs on seed in the College of...

Delayed tariffs set to go into effect next week

Delayed tariffs set to go into effect next week

Time is running out on the 30-day delay on the implementation of President Trump’s tariffs. The tariffs on Mexico and Canada are set to go into effect next week, and Canada has already announced plans for retaliation. Betty Resnick, an economist with the American Farm...

South American Weather and Crop Update (2-26-25)

South American Weather and Crop Update (2-26-25)

After an extended period of dry weather, there’s now plenty of rain in South America. In fact, it has rained so much that they are now worried about having too much rain. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...

Slowing equipment purchases highlight pressures on the rural economy

Slowing equipment purchases highlight pressures on the rural economy

The downturn in commodity prices doesn’t just impact farmers—it sends shockwaves through the entire agricultural economy, affecting everyone from equipment dealers to rural retailers. When farmers tighten their budgets, they spend less on machinery, supplies, and even...

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South American Weather and Crop Update (5-6-25)

South American Weather and Crop Update (5-6-25)

While the weather is nice and clear in South America, it’s still notably dry. Allendale commodity broker Greg McBride said the weather is supportive for harvest progress in the short term, but the dryness could become concerning if it continues for too long. As it has...

April rainfall delivers drought relief

April rainfall delivers drought relief

April delivered on its promise of April showers and helped to shrink drought coverage across the nation with much needed rainfall. USDA meteorologist Brad Rippey says the latest U.S. Drought Monitor looks much improved to begin May. Rippey says that last fall’s peak...