Alabama Farm Credit Record Dividends and Senate Passes WOTUS Disapproval
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.**Alabama Farm Credit has distributed a record of over $13 million in cash dividends to its customers, based on the lender’s strong earnings in 2022.
www.morningagclips.com reports, Alabama Farm Credit has a long history of returning a portion of its earnings to its customers, the owners of the lending cooperative.
Alabama Farm Credit finances farmers, agribusinesses, rural homeowners, and landowners in northern Alabama.
The financing co-op is part of the nationwide Farm Credit System.
www.morningagclips.com/alabama-farm-credit-distributes-over-13-million-in-cash-dividends/
**The Senate passed the Congressional Review Act joint resolution of disapproval that overturns the Biden Administration’s Waters of the United States Rule by a 53-43 vote.
The resolution’s sponsor, West Virginia Senator Shelley Moore Capito (CAP-ih-toe) says, overturning the president’s WOTUS rule, sends a clear, bipartisan message that even a divided Congress will defend working Americans in the face of executive overreach.
The National Cattlemen’s Beef Association applauded the vote.
**A new poll shows overwhelming support among voters for year-round access to E15 across the country.
With retail gas prices still high, almost 70% of respondents support increasing the availability of E15 to help lower fuel prices and support energy independence, while just 13% say they don’t support it.
62% support recently introduced bipartisan legislation allowing the lower-carbon E15 blend to be sold year-round nationwide.