Established last year, LanzaJet is a subsidiary of Illinois-based LanzaTech, a carbon recycler which employs a bacterial process that produces ethanol and/or specialty chemicals from industrial “off-gases”. LanzaJet’s specific AtJ process produces up to 90% sustainable aviation fuel (SAF) with the remaining 10% as renewable diesel. (Forbes)

A proposal to eliminate the stepped-up basis in agriculture would have a costly impact. Tax policy is important in helping farmers pass their operations on to future generations. John Newton, chief economist for the American Farm Bureau Federation, talks about what eliminating the stepped-up basis will mean for farmers. (Hoosier Ag Today)  

The April 9 USDA World Agricultural Supply and Demand Estimates (WASDE) report featured a slightly larger than expected cut in U.S. ending corn stocks to 1.352 billion bushels (bb), as exports, as well as corn use for ethanol, feed and residual, were all raised. Soybean ending stocks were left unchanged, despite a rise in export sales, while domestic wheat ending stocks came in a bit higher than expected due to a cut in feed and residual. (DTN)  

The good news is that there’s plenty of food being distributed to the hungry in New York City. The bad news is that smaller food pantries on the receiving end are bursting at the seams with products but struggling without the infrastructure to store and share them. (New York Times

The city of Park Ridge is gearing up for another expanded outdoor dining season. This includes permitting restaurants to place tables on sidewalks in front of adjacent businesses if those businesses agree, allowing outdoor seating on grassy public right-of-ways, and permitting requests from individual businesses on a case-by-case basis. (Chicago Tribune)

General Mills Inc.’s finance chief plans to reduce the food maker’s reliance on costly contract manufacturing once pandemic-driven demand for its products tapers off. (Wall Street Journal)