The Biden Administration’s long-awaited 45Z tax credit guidance on the production of renewable biofuels was released Friday, 10 days before the administration hands over power to president-elect Donald Trump. The interim guidance is not a full-scale proposal, as there is little mention of agricultural practices in the document, per Agri-Pulse.…

After a decisive presidential victory on Nov. 5, 2024, Donald Trump and his transition team have been busy filling out his administration. Of the 15 cabinet heads, the secretary of agriculture will arguably be the most impactful for farmers. Trump’s USDA secretary “short list” was actually a long one before…

Today, USDA released four major reports: the January World Agricultural Supply and Demand Estimates (WASDE), Crop Production 2024 Summary, quarterly Grain Stocks, and Winter Wheat and Canola Seedings reports. Crop Production 2024 Summary In the Crop Production 2024 Summary, USDA lowered corn and soybean yield and production figures from what…

The stakes are high as agriculture producers hope the incoming Trump administration remembers the support it got from rural America. The New Year is upon us and with it comes a new presidential administration — one that will undoubtedly be compared to the term that began in 2017 with the…

The future of over-the-top (OTT) dicamba products in soybeans remains unclear for 2025.  Labels for OTT dicamba products (Xtendimax, Engenia, and Tavium) were vacated for the second time by an Arizona federal court in February of 2024. An existing stock order was put in place, which allowed limited use in…

1. Soybeans rise, grains slightly higher overnight Soybean futures gained overnight while grains were modestly higher as investors square positions ahead of today’s monthly supply and demand reports from the U.S. Department of Agriculture.  The Ag Department likely will reduce its outlook for corn and bean stockpiles in its monthly…