Category: Ag News

NSP applauds inclusion of agriculture provisions in year-end bill

National Sorghum Producers (NSP) Chair Amy France, a sorghum farmer from Scott City, Kansas, released the following statement regarding the issuance of the guidance on the 45Z Clean Fuel Production tax credit. “While the release of this short-term guidance marks a step forward, it falls short of delivering the clarity and comprehensive framework needed to …

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U.S. Sales of Ag Tractors and Combines Decline in Close Out of 2024

According to new data from the Association of Equipment Manufacturers (AEM), U.S. sales of Ag tractors and combines fell in December 2024 compared to the year before.   U.S. Sales of Ag tractors fell 11.3% while combine sales fell 26.4% in December 2024 compared to 2023.   “December’s sales of Ag tractors and combines follow patterns we saw throughout …

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Justin Lewis Market Wrap Up from January 10, 2025

ASA and NOPA Welcome 45Z Guidance That Addresses Impacts of Surging Imports

The American Soybean Association and National Oilseed Processors Association appreciate the U.S. Treasury Department’s notice of intent to propose regulation on the Clean Fuel Production Credit (45Z), which provides interim guidance for taxpayers to claim credits while developing a roadmap to spur additional investment in the domestic biofuel industry. “ASA thanks the Biden administration and Treasury for …

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Leader Munson sends condolences after passing of Neal McCaleb

House Democratic Leader Cyndi Munson, D-Oklahoma City, released the following statement of condolences after the passing of prominent Chickasaw politician Neal McCaleb at age 90. “First and foremost, my thoughts are with Neal McCaleb’s wife, children, and grandchildren in the wake of this horrible loss. Neal McCaleb was an incredible public servant who advocated for …

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Growth Energy Statement on 45Z Guidance

Growth Energy—the nation’s largest biofuel trade association—issued the following statement after the U.S. Treasury released its long-awaited guidance for the Section 45Z Clean Fuel Production Credit. “This long-overdue guidance is far from complete—it still lacks the critical details that are needed to help ensure that American biofuel producers and their farm partners can lead the world in …

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Hereford Breed’s Growing Impact on Commercial Operations with Jack Ward

Jack Ward, Executive Vice President of the American Hereford Association since 2015, was on hand at the Cattlemen’s Congress. He and Senior Farm and Ranch Broadcaster Ron Hays met to discuss the breed and its presence at the Cattlemen’s Congress. Ward shared that 325 Hereford cattle would be shown during the Open and 225 would …

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USDA Continues Historic Commitment, Partnering with Rural Communities on Clean, Affordable Energy

Agriculture Secretary Tom Vilsack today announced more than $6 billion in clean energy investments through the U.S. Department of Agriculture’s (USDA) Empowering Rural America (New ERA) and Powering Affordable Clean Energy (PACE) programs. Rural electric cooperatives and communities will use the funding to support thousands of jobs, lower electricity costs for businesses and families, and reduce climate pollution by …

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Finances and Future

The beginning of each year is a time for predictions. And some financial analysts doubt that 2025 can be as spectacular as the financial markets have been in 2023 and 2024. For all the doom and gloom talk by some politicians about the overall economy – although, inflation has surpassed some Americans’ increases in their …

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Latest WASDE shows largest Soybean Production Decline, 2nd Largest Corn Production decline, and Lower Consumption/Higher Ending Stocks for Wheat

USDA released its Crop Production Annual Summary, World Agricultural Supply and Demand Estimates (WASDE), Dec. 1 Grain Stocks and Winter Wheat Seedings reports on Friday. Farm Director KC Sheperd caught up with Rich Nelson at Allendale to get the details. The most significant surprise was a sharp decline in US corn production by a staggering …

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