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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, May 15, 2024
A key House Democrat is promising to help fix language in a package of green energy tax incentives that could block U.S. farm commodities from benefiting from a new tax credit for renewable jet fuel.
Following an outcry from farm groups and rural lawmakers, House Democrats proposed a tax package Monday that omits President Joe Biden’s proposal to tax capital gains at death.
CHS is the latest soybean processor hoping to increase its presence in the renewable diesel sector, as the company announced a $60 million expansion of its Mankato, Minn., soybean processing plant on Tuesday.
USDA’s Economic Research Service is predicting total U.S. ag exports in the 2022 fiscal year to reach a record $177.5 billion, up $4 billion from the latest forecast for FY 2021 exports.
Soybean farmers recently approved 181 new checkoff-funded projects totaling $78 million focused on increasing demand and value for U.S. soybeans in hopes to boost profitability in the years ahead.