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The RFS Set 2 rule is projected to increase net farm income by $4 billion and create a $31 billion market for corn and soybean oil while supporting 100,000 new rural jobs.
Crop rotations lead to lower corn and higher soybean acres than thought, but worries over input costs could lead to later-than-normal decisions.
Fertilizer price spikes are clouding spring planting as farmers warn of mounting financial strain, while lawmakers push for greater transparency with recently proposed legislation in both the House and Senate.