05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
New York legislation to allow hempseed derivatives in feeds for a limited group of species failed to clear the governor’s desk this week. Gov. Kathy Hochul vetoed the bill that would allow for hempseed products to be included in feeds for pets, horses, and camelids, which includes llamas and alpacas.
No commercial species were included in the scope of this legislation, showing the sponsor’s awareness of the controversy around hempseed in animal feeds. Nonetheless, the limited bill failed to pass, with Hochul highlighting the fact that the U.S. Food and Drug Administration (FDA) had not cleared hempseed for inclusion in animal feeds.
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