The House Ways and Means Committee advanced a tax bill that would extend the biodiesel tax credit and other items related to blending infrastructure and wind, but the legislation will face objections in the Republican-controlled Senate.
U.S. Trade Representative Robert Lighthizer is trying to convince skeptical Democrats that the U.S.-Mexico-Canada Agreement will do enough to address their concerns over drug pricing and enforcement of labor and environmental standards.
Ethanol producers are hopeful for an increase in year-round E15 gasoline sales after the Trump administration okayed its summertime sale, but consumer demand will likely be modest due to fears of litigation, a lack of blender pumps, and challenges posed by some state regulations.
House Democrats are rolling out a series of fiscal 2020 spending bills that reject a range of White House spending cuts while challenging key Trump administration priorities and regulatory rollbacks at USDA, EPA and other agencies.
The Trump administration’s announcement of a new trade assistance package, plus congressional agreement on disaster relief for prevented plantings, will put billions of dollars into the struggling farm economy, but the prospective aid is injecting new uncertainty into the planting decisions facing growers across the soggy Plains and Midwest.