DriveTime: January 16, 2025
Farmers continue to evaluate recent announcements from the Biden administration on tax breaks for biofuel feedstocks and are hopeful a second term for Donald Trump will bring new crop demand.

Farmers continue to evaluate recent announcements from the Biden administration on tax breaks for biofuel feedstocks and are hopeful a second term for Donald Trump will bring new crop demand.
In the waning days of the Biden administration guidance is being offered toward guidance on tax breaks for feedstocks for renewable fuels.
One farm economist appeals to Congress to deliver the certainty of a new farm bill early in 2025. USDA offers new poultry tournament production rules.
The U.S. Poultry and Egg Export Council are on a tour of Asian customers. Greg Tyler says they are being well received by customers but avian influenza and the threat of tariffs are proving obstacles to growing markets.
The USDA's January WASDE crop report lowered the 2024 corn and soybean production and carryover supplies. South Dakota Congressman Dusty Johnson says the Panama Canal is key to the U.S. economy and national security.
U.S. Representative Dusty Johnson (R-SD) introduced legislation today for the U.S. to purchase the Panama Canal. China's influence in the region is given as a major cause for concern.
RaboResearch speculates the impact of a renewed tariff war with China on U.S. crop farmers. The result is lower soybean acreage and prices.
The Consumer Electronics Show in Las Vegas includes a green space to discuss technology's role in sustainable food production.
As the U.S. Congress approved the 2024 presidential election results today another world leader steps down due political unrest.
Louisiana Republican Mike Johnson has been reelected as House Speaker. Only one member of the GOP did not vote for the incumbent.
USDA Meteorologist Brad Rippey says significant snowfall and bitterly cold weather will blanket much of the nation beginning this weekend.
Members of the House of Representatives began voting at 5:00PM on a third policy proposal to avoid a government shutdown.
As Congress works for an end of year spending deal, agriculture leaders say financial assistance is critical for the nation's food security.
Agri-Pulse's Lydia Johnson offers exclusive comments from USDA Secretary Brooke Rollins during her visits with legislators on Capitol Hill. E-15 waiver could "kick start" greater retail opportunities for higher ethanol blends.
Agriculture leaders across the country are anxiously waiting to see specific details of a Continuing Resolution to keep the government running to March of 2025.
Major agriculture commodity organizations are pressing legislators for economic assistance in end of year spending legislation. Agriculture leaders warn a lack of action could mean some farmers won't get operating loans in 2025.
Some crop farmers are facing painful financial realities at the end of 2024 hoping legislators can provide financial assistance for economic hardships and weather disasters and safety risk certainties in a new farm bill.
Soybean grower leaders are working to improve their bottom line with strategic investments through their checkoff program.
Food prices impact election. Taxes and tax breaks under review. Tariffs a threat to USMCA.
The Fish and Wildlife Service is proposing to list the Monarch butterfly under the Endangered Species Act. Iowa Senator Charles Grassley discusses farm legislation on Capitol Hill.
House Ag Committee Democrats will vote next week for their party leader. Minnesota Congresswoman Angie Craig and California's Jim Costa will attempt to unseat Georgia's David Scott.
The USDA will begin more extensive testing for H5N1 in dairy cattle and milk and agriculture leaders in Washington continue to work for economic assistance and a new farm bill.
American Farm Bureau Federation President Zippy Duvall says Congress has no choice but to provide financial assistance to farmers who have suffered economic losses or severe weather events.
A delay in action on renewable fuel regulations by the Treasury Department is impacting demand for feedstocks for the first quarter of 2025. Recent Biden administration regulations may come under review by the 119th Congress.
The latest USDA farm income forecast suggests a very challenging bottom line for crop farmers across the country. Congressional ag leaders continue to press for economic assistance this year. -
Senator Charles Grassley has low expectations for the Lame Duck Congress this year. The Iowa legislator says GOP leaders will target tax and spending cuts as well as a new farm bill next year.
Kansas Senator Jerry Moran is this week's guest on Agri-Pulse Newsmakers. Moran speaks to pending ad hoc assistance for farmers and thoughts on a second turn for Donald Trump in the Oval Office.
China and Brazil have expanded trade deals to include a number of industries including agriculture. The country is also amending domestic policy that may reduce sales of used cooking oil.
Members of congress continue to set their sites on approving farm and nutrition legislation. Agri-Pulse's Lydia Johnson gathered comments from key leaders this week on Capitol Hill.
Iowa Senator Charles Grassley took his turn at criticizing the Democratic farm bill proposal submitted by Chairwoman Debbie Stabenow. He says the work will have to be done next year.