Reuters – U.S. Agriculture Secretary Tom Vilsack said Nov. 29 that he is confident the Treasury Department will release guidance by the end of the year that will make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. The Biden administration has been divided over this issue for months, as it faces a strong
Tag Archives United States
U.S. aviation fuel subsidy guidance expected by year’s end
U.S. Farm Belt stakeholders see it as one of few avenues to grow ethanol demand
U.S. ethanol needs carbon capture: Vilsack
American ag secretary says carbon capture and storage critical to biofuel hopes
Reuters – Carbon capture and storage (CCS) at ethanol plants in the U.S. Midwest is necessary if the industry and its farmers hope to have a role in the burgeoning sustainable aviation fuel market, U.S. Agriculture Secretary Tom Vilsack said Nov. 29. Three CCS pipelines that would transport and store captured carbon from ethanol plants
US-UAE climate-friendly farming effort grows to $17 billion
COP28 has elevated agriculture, U.S. govt's Vilsak says
Funding for a joint effort by the United States and United Arab Emirates to advance climate-friendly farming around the world has grown to more than $17 billion, the countries announced on Friday at the COP28 climate summit in Dubai.
Manitoba Pork pushes for VCOOL prep
Manitoba Pork wants retaliatory tariffs locked and loaded if VCOOL goes ahead
Manitoba Pork will support retaliatory tariffs if the U.S. goes ahead with its voluntary country of origin labeling scheme, producers heard at a recent meeting. “It’s my view that if the U.S. moves ahead with these changes, Canada will have the right to impose those retaliatory tariffs … We are again requesting the government of Canada to fight back,” said Cam Dahl, general manager
CUSMA panel rejects U.S. complaint on access to Canada dairy market
Canada 'very pleased' with dispute settlement panel findings
Ottawa | Reuters — A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada is improperly limiting access to its dairy market, an official report showed on Friday. The United States had accused Canada of not meeting obligations under the 2020 Canada-U.S.-Mexico Agreement
IGC raises world crop projections
If realized, the world wheat crop will the second largest on record
Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.
Arkansas orders Chinese-owned Syngenta to sell U.S. farmland
Foreign ownership of farmland has gotten more attention from U.S. lawmakers
Reuters – Arkansas has ordered Syngenta to sell 160 acres of farmland in the U.S. state within two years, citing its Chinese ownership. The move drew a sharp rebuke from the global seeds producer. U.S. farm groups and lawmakers are increasingly scrutinizing foreign land ownership due to concerns about national security. “This is about where your loyalties lie,” Arkansas
More acres expected for soybeans, canola, Rabobank says
RaboResearch arm sees Canada's exporters 'struggling' with margins
MarketsFarm — Farmers in the U.S. will seed more soybeans in 2024-25, with Canadian canola plantings also expected to rise to a lesser extent, according to a grains and oilseeds analyst with RaboResearch Food and AgriBusiness, a division of the Dutch multinational bank Rabobank at the firm’s Fall Harvest Outlook webinar. During the Wednesday webinar,
Opinion: The pileups start to pile up
U.S grain marketing is looking as messy as its politics
It’s looking like today’s political and grain market pileups will be bigger and messier than first thought. Here’s how New York Republican Representative Mike Lawler described his colleagues’ never-to-pass federal budget demands to CNN Sept. 19: “This is not conservative republicanism. This is stupidity.” There’s little wonder that Congress has spent most of 2023 shooting
CBOT weekly outlook: Funds getting out of soybeans
Potential for U.S. government shutdown a concern
MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost