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RFA to Treasury: 45Z Tax Credit Regulation Needs ‘Clarity, Certainty and Stability’
In detailed comments submitted today to the U.S. Treasury, the Renewable Fuels Association urged the department to clarify and improve several key provisions in its upcoming proposed regulations for the Clean Fuel Production Tax Credit, often referred to as the “45Z credit.” The comments were submitted in response to the Treasury’s January 10 “notice of intent to…
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Senators Marshall and Klobuchar Lead Bipartisan, Bicameral Legislation Fighting for Farmers with Biofuel Tax Credit
Washington – U.S. Senators Roger Marshall, M.D. (R-Kansas) and Amy Klobuchar (D-Minnesota) today reintroduced the bipartisan and bicameral Farmer First Fuel Incentives Act, which would protect American farmers by restricting the eligibility of the 45Z Tax Credit to renewable fuels made only from domestically sourced feedstocks. U.S. Representatives Tracey Mann (R-Kansas-01) and Marcy Kaptur (D-Ohio-09) have introduced an identical bill in the…
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NCGA Statement on Tariff Pause
President Donald Trump announced on Wednesday that he was placing a 90-day pause on all reciprocal tariffs, with the exception of China. In response to this development, Illinois farmer and NCGA President Kenneth Hartman Jr. released the following statement: “We appreciate the administration’s decision to place a 90-day pause on the reciprocal tariffs it had…
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Trump Administration Discussing Farmer Tariff Relief Package
(WASHINGTON D.C.) — The White House and congressional lawmakers have begun discussing a tariff relief package. The talks are starting as agricultural trade groups continue to warn elected officials about the economic repercussions of tariffs. “We’re setting up the infrastructure that if, in fact, we have some short-term economic consequences for our farmers and ranchers,…
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30% US tariff: The looming crisis for South Africa’s agriculture and manufacturing sectors
30% US tariff: The looming crisis for South Africa’s agriculture and manufacturing sectors MSN
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Working to ensure strong demand continues
The CEO of the US Meat Export Federation says developing relationships with key trading partners is critical to demand continuity when there’s uncertainty in the market. Dan Halstrom says the organization operates offices in more than 20 countries globally. “We have a little over 100 staff outside the U.S.,” he says. “They’re on the ground…
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White House ends funding for key US climate body: ‘No coming back from this’
White House ends funding for key US climate body: ‘No coming back from this’ The Guardian
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Trump Announces 90 Day Tariff Pause; Increases Chinese Tariffs to 125%
(WASHINGTON DC) — President Donald Trump is announcing a 90 day pause on some tariffs. White House Press Secretary Karoline Leavitt said it’s due to countries calling to negotiate trade deals. In a post on Truth Social, Trump said the pause is effective immediately. Trump also said he’s raising the tariff charged against China to…
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Soy could become balancing strategy in tariff talks
The head of the U.S. Soybean Export Council says he remains optimistic soybean farmers could benefit from countries reworking their trade relationships. Jim Sutter tells Brownfield, “Buying soy, something they need, something they probably are buying from multiple supplying countries today, maybe they can buy more of it from the U.S. so we’ll get a…
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How Will Trump’s Tariffs Disrupt the Trajectory of U.S. Ag Exports?
How Will Trump’s Tariffs Disrupt the Trajectory of U.S. Ag Exports? AgWeb
