Tyson to shutter plants: Nine months into its fiscal year, Tyson Foods said its adjusted operating income is down 81 percent from 2022 due to “challenging” market dynamics, so it will close four chicken processing plants in Arkansas, Indiana, and Missouri. (Tyson Foods)
States seek E15 ruling: In a lawsuit filed in U.S. district court in Des Moines, the attorneys general of Nebraska and Iowa asked for an injunction ordering the EPA to allow the year-round sale of E15 gasoline in eight midwestern states. (Nebraska Attorney General)
Indiana farmland sets record: Although higher interest rates are slowing the rise somewhat, Indiana farmland prices “once again hit record highs in 2023,” with top-quality cropland worth an average of $13,739 an acre, up 7 percent from 2022. (Purdue)
USDA boosts storage funding: Some $80 million in cost-share payments — four times more than initially allocated — will be issued through the Emergency Grain Storage Facility Assistance Program, and an additional $40 million could be available soon. (USDA)
Paying for carbon removal: The Energy Department will soon launch a first-of-its-kind program that would pay companies to remove carbon dioxide from the atmosphere, potentially accelerating a technology that could combat climate change. (Heatmap)