U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20 per cent of the value of the credit for biofuels made from feedstocks produced outside of the United States.
Tag Archives U.S. government
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. immigration to pause most raids on farms, meat packers
Farm industry groups skeptical directive will protect immigrant workers
U.S. President Donald Trump's administration has directed immigration officials to largely pause raids on farms, hotels, restaurants and meatpacking plants, according to an internal email reviewed by Reuters, a senior Trump official, and a person familiar with the matter.
US EPA proposes higher biofuel blending volumes through 2027
The Trump administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next two years, driven by a surge in biomass-based diesel mandates.
ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule
U.S. officials are expected to propose biofuel blending requirements below industry recommendations
Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.
U.S. immigration raid of Omaha meat plant cuts staff, fuels food production worries
Chicago cattle futures come under pressure as traders express nervousness around labour shorages
After meat processor Glenn Valley Foods was raided by U.S. Immigration and Customs Enforcement agents, livestock traders and market analysts expressed concerns that the potential deportation of undocumented workers from such raids could disrupt U.S. food production.
Trump tariffs may remain in effect while appeals proceed, US appeals court rules
A decision by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. means Trump may continue to enforce, for now, his "Liberation Day" tariffs on imports from most U.S. trading partners, as well as a separate set of tariffs levied on Canada, China and Mexico.
Trump tariffs reinstated after blocked by trade court
Fentanyl-related tariffs among levies initially cancelled; most Canadian agricultural goods already exempt
A U.S. appeals court reinstated President Donald Trump's sweeping tariffs on Thursday—a day after a U.S. trade court ruling blocked them on the grounds that he had overstepped his authority.
U.S. farm groups call Kennedy’s ‘MAHA’ report unscientific, fear-based
The health report takes aim at crop protection products like glyphosate and ‘ultra-processed’ foods
Several U.S. agriculture groups say the federal Make America Healthy Again report, released Thursday, is fear-based and anti-science. The report takes aim at what U.S. Secretary of Health and Human Services Robert F. Kennedy has called a crisis of increasing rates of childhood obesity, diabetes, cancer, mental health disorders and other health issues.
U.S. and China reach deal to temporarily slash tariffs
‘Very positive news’ for countries’, global economies says analyst
The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.
U.S. suspends Mexican cattle, horse and bison imports over New World screwworm
U.S. Agriculture Secretary Brooke Rollins on Sunday said she is suspending imports of live cattle, horses and bison through the southern U.S. border over the damaging pest New World screwworm, a measure that immediately drew opposition from Mexico.
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