Ahead of President Joe Biden's climate summit, Agriculture Secretary Tom Vilsack announced multiple climate-related programs. A key for farmers and landowners, USDA is boosting rental rates and incentives for landowners to sign up for the Conservation Reserve Program.
Business & Inputs
Data show Midwest PADD 2 ethanol supplies dropped a fifth straight week through April 16, falling to a 22-week low as regional production continued lower.
Ethanol and agriculture industry groups pressed EPA this week to either eliminate E15 pump labels or make them less confusing to consumers.
The Love's Family of Companies, Cargill and their affiliates have entered into a 50-50 joint venture, called Heartwell Renewables, to produce and market renewable diesel.
Eco-Energy has started construction on its ethanol distribution facility in Stockton, California, which is scheduled to commence operations in March 2022.
While biofuels appeared to be forsaken in President Joe Biden's initial infrastructure plan with a drive for expanding electric vehicles, the Renewable Fuels Association is making the case for an aggressive policy agenda to increase ethanol use and production in any strategy...
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||1.125||1.625|
|Real Estate *||3.94||4.72|
|Feeder Livestock *||4.31||5.05|
|Farm Machinery *||4.88||5.57|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|
(c) Copyright 2021 DTN, LLC. All rights reserved.