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  • How Do Your Components of Net Worth Stack Up?
    Net worth is calculated as total assets minus total liabilities. Liabilities represent claims on your assets by creditors. Net worth, therefore, represents the portion of the business that you own. Long-term net worth as a percentage of total net worth ranged from a high of 58% in 2015, 2016 and 2017 to a low of […]
  • Biodiesel Production Profits and Tax Credits
    Tax credits have been crucial to staving off an even larger wave of FAME biodiesel plant shutdowns in recent months. Without tax credit revenue, the market would have signaled that biodiesel plants shut down production every single week since the beginning of 2025. Looking ahead, this situation raises the stakes even higher for the upcoming […]

Agriculture News

FARMERS SEE SUSTAINABLE EGGS AS THE INDUSTRY’S NEXT BIG THING –

The $6.1 billion U.S. egg industry is betting on its next biggest trend: climate-friendly eggs. As savvy marketing has resulted in so-called specialty eggs grabbing about a third of the market today, farmers are hoping to add another layer of premiumization: eggs from a special type of sustainable farm that can be trumpeted as being better for the planet. (Bloomberg)

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NEW STATE BUDGET’S IMPACT ON AGRICULTURE –

State lawmakers early Tuesday morning passed a fiscal year 2022 budget with about $42.2 billion in general revenue funds and $2.5 billion in federal American Rescue Plan Act (ARPA) dollars. The new budget maintains funding levels for the Illinois Department of Agriculture (IDOA) and agriculture programs and services. (Premier Broadcasting)

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WHAT DOES THE PRESIDENT’S BUDGET MEAN FOR AGRICULTURE? –

The Biden administration released its $6 trillion budget request to Congress, following up on his “skinny budget” he sent earlier this spring. Although the President’s budget is normally dead on arrival on Capitol Hill, it does offer an important place marker for the president this year as he and the Democratic Party attempt to pass many of their priorities as outlined in the American Jobs Plan and the American Families Plan possibly through the reconciliation process. (Feedstuffs)

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EMBARRAS RIVER WATERSHED PLAN UPDATE UNDERWAY TO REDUCE PHOSPHOROUS RUNOFF –

An update of the Embarras River Watershed Management Plan has begun with the goal of reducing phosphorous runoff into the river and points farther downstream. Northwater Consulting, based in Springfield, is conducting the update with assistance from Coles County and other water conservation districts, the University of Illinois Extension, and Illinois Farm Bureau offices. (Journal Gazette & Times-Courier

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