President Biden’s administration likely will delay until December a decision on whether to make it easier for sustainable aviation fuel (SAF) made from corn-based ethanol to qualify for subsidies under the climate law.
U.S. farm groups and farm state lawmakers want higher reference prices in the upcoming farm bill. However, an environmental activist group, the Environmental Working Group (EWG), has raised concerns.
USDA forecasts net farm income will decline $41.7 billion (22.8%) from last year’s record to $141.3 billion in 2023, though that’s up from its February outlook of $136.9 billion.
Indonesian state energy company Pertamina plans to mix more of its gasoline products with ethanol in 2024 in a bid to offer alternative fuels to the public, its chief executive said.
The El Niño weather phenomenon will exacerbate the effects of India’s rice export ban and Russia’s withdrawal from the Black Sea grain deal, according to the Financial Times.
Ukraine strongly opposes the imposition of any restrictions on the import of its grain by neighboring countries after a European Union ban ends on Sept. 15, Foreign Minister Dmytro Kuleba said.
The shock front-runner in Argentina’s presidential election, libertarian Javier Milei, would strip out state intervention from the giant farming industry to unleash an export boom.
