The biggest piece of the puzzle for the 45Z Clean Fuels Production Credit implementation was left out of the guidance issued last week by U.S. Treasury, leaving farmers still uncertain about what practices they would need to implement this year for the crops to qualify. The guidance includes both a notice of intent to propose regulations on the section 45Z …
DWFI Podcast 40 – Irrigation’s Role in Agricultural Productivity
In the 40th episode of the Water for Food Podcast, Daugherty Water for Food Institute (DWFI) Director of Communications and Public Relations Frances Hayes sits down with Darren Siekman at the Valmont Industries headquarters in Omaha, Nebraska. Darren is the Vice President of Policy and Industry Strategy at Valley Agriculture, a Valmont Company. The two discuss Valmont’s history and global …
Farm Income Continues to Fall
The USDA Economic Research Service 2024 Farm Sector Income Forecast shows farm income is down again this year, but not as much as it was last year. While the report compares different measures of farm income, the bottom line is that, adjusted for inflation, net farm income is forecast to decrease by $9.5 billion (6.3 percent) from 2023 to 2024. …
DWFI Podcast 39 – Navigating Climate Change in Nebraska
Navigating climate change: impacts on water stress and agricultural production in Nebraska Nebraska, located in the U.S. “Corn Belt,” is well known for its agricultural and livestock production, generating around $31.1 billion in agricultural cash receipts in 2023. But how will climate change impact long-term agricultural production, and how can we adapt to changes to ensure water security and food …
Thanksgiving Costs for Farmers and Consumers
Thanksgiving dinner will cost less than it did last year, but still more expensive than before the pandemic, according to the American Farm Bureau Federation’s annual survey of the average cost of the classic holiday feast for 10, which is $58.08 or about $5.80 per person. This is a 5% decrease from 2023, which was 4.5% lower than 2022. Two …
Terviva Offers New Biofuel Feedstock Grown on Trees
Agricultural innovation company Terviva has announced an investment from Chevron Renewable Energy Group to help scale production of pongamia for low carbon renewable fuel. “Crude pongamia oil can be converted into biodiesel, renewable diesel, or sustainable aviation fuel (SAF). In working with Chevron Renewable Energy Group, we can increase the availability of feedstocks for production of these fuels while promoting …
Trump Pledges to Help Farmers in Michigan
During a campaign rally town hall in Flint, Michigan on Tuesday, former President Donald Trump was cheered when he talked about helping American farmers after being asked about high grocery prices. “We gotta work with our farmers. Our farmers are being decimated right now,” said Trump. “One of the reasons is we allow a lot of farm product into our …
Peterson Brothers at Ag Media Summit Once Again
Speaking at the Ag Media Summit was Greg Peterson and Kendal Peterson of the well-known Peterson Brothers. I first met Greg Peterson at the 2012 Ag Media Summit. I interviewed him before a panel we were on and you can still listen to it here. That same year Greg and Nathan attended the AgChat Agvocacy 2.0 Conference and Jamie Johansen …
Truterra Pays $21 Million to Farmers for Carbon Sequestration
In the first three years of its carbon program, Land O’Lakes subsidiary Truterra has paid farmers more than $21 million for the sequestration and reduction of over 1.1 million metric tons of carbon. Along with these results, the Truterra® carbon program has seen significant growth in total acres enrolled. In 2023, total acres increased by 99% vs. 2022. In 2022, …
AEM President Pleased to Promote Ag Technology
The Celebration of Modern Ag on the National Mall this week is the second time the Association of Equipment Manufacturers (AEM) has coordinated this kind of event to showcase farming equipment and technology and AEM president Megan Tanel says it’s much bigger than in 2022. “I think we made a bit of an impact the first year,” said Tanel. “People …