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5 Dec 2024
OMAHA (DTN) -- A federal court in Texas has blocked rules for the Corporate Transparency Act (CTA), including the provisions that required farmers, ranchers and other businesses to provide their ownership information to the U.S. Treasury Department. An injunction issued Tuesday in the U.S District Court of Eastern Texas granted a nationwide prelimi...
4 Dec 2024
LINCOLN, Neb. (DTN) -- Whether the Biden administration releases 45Z Clean Fuels Production tax credit guidance may be a moot point, an agricultural economist said during a webinar on Wednesday, because the Inflation Reduction Act and its various tax incentives may be on the chopping block by the incoming Trump administration. On Tuesday, DTN repor...
4 Dec 2024
OMAHA (DTN) -- Retail fertilizer prices continue to be mostly higher than last month, according to prices tracked by DTN for the fourth week of November 2024. Seven of the eight major fertilizers were higher in price compared to a month ago. Once again, no fertilizer had a sizeable price increase or decline. DTN designates a significant move as any...
3 Dec 2024
OMAHA (DTN) -- U.S. farmer optimism in November reached its highest level since May 2021, yet some of agriculture's biggest employers are announcing massive layoffs and idling production facilities. The latest release looking at farmer sentiment from the Purdue University/CME Group Ag Economy Barometer shows farmers' outlook shot up 37 points in No...
3 Dec 2024
LINCOLN, Neb. (DTN) -- More than 800 employees will lose their jobs in Emporia, Kansas, as Tyson Foods has announced the planned closure of its value-added marinated proteins and ground beef plant. A spokesperson for the city of Emporia told DTN the decision to close Tyson operations in Emporia was made as part of "the company's business strategy t...