An Illinois lawmaker wants to realign Illinois’ tax on inheritance to federal thresholds, something long sought by family farmers. Currently, Illinois imposes an estate tax, sometimes called a “death tax,” of up to 16 percent. Combined with a top federal rate of 40 percent, some heirs face a tax of up to 56 percent, but the federal estate tax kicks in at just under $12 million while Illinois’ estate tax applies to any inherited value above $4 million. (The Center Square)

The National Biodiesel Board announced a new vision touting biodiesel, renewable diesel, and renewable jet fuel to be recognized as premium products at their annual conference this week. The industry has a goal to produce six billion gallons of biodiesel and renewable diesel by 2030 and with the advancement of feedstocks, believe they can reach 15 billion gallons by 2050. (Agri-Pulse

The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession and seal a wider pact, four sources familiar with the talks told Reuters. (Reuters

President Donald Trump is expected to sign the United States-Mexico-Canada Agreement next Wednesday, according to a White House official and an administration official. (CNN)

Innovators, whose creations helped transform the ag industry, are among this year’s class of 22 selected for the National Inventors Hall of Fame (NIHF). (FarmWeekNow)

Delegates overwhelmingly affirmed their support for MFP payments if the administration’s plans to dramatically increase trade don’t go as planned and made several other changes to their policy book. (Agri-Pulse)