Midwest farmland values stall: In the third quarter of 2024, for the first time since the fourth quarter of 2019, farmland values in the Midwest stalled instead of showing an increase over the previous year, said a survey of ag bankers. (Chicago Federal Reserve)
Groups seek credit extension: Congress should extend the so-called 40A tax credits for biomass-based diesel through 2025 to smooth the transition to the new 45Z clean fuel credits, said groups representing soybean growers, soy processors, and biofuel makers. (Cleans Fuels Alliance)
USDA awards clean energy funds: Agriculture Secretary Tom Vilsack announced $256 million in loans and grants through the Rural Energy for America Program to more than 1,100 clean energy projects on farms and in small businesses in 40 states. (USDA)
Mexico’s white corn plan: President Claudia Sheinbaum said her administration would soon present a plan for the constitutional protection of non-GMO white corn grown in Mexico, which is used to make tortillas and other foods. (Reuters)
GAO recommends H-2A improvements: The Labor Department should process H-2A petitions electronically and consider better ways to track down agricultural guestworkers who are owed back pay. Applications for H-2A workers have increased 50 percent since 2018. (Government Accountability Office)