UF Leads Nation in Ag Research and Farmer Sentiment Jumps in November
From the Ag Information Network, this is your Agribusiness Update.
**For the sixth consecutive year, the University of Florida led the nation in agricultural sciences and natural resources conservation research, according to the National Science Foundation.
www.morningagclips.com reports NSF’s Higher Education
Research and Development survey shows UF’s Institute of Food and Agricultural Sciences, invested more than $261.9 million in ag sciences and natural resources conservation research in fiscal year 2023.
Other top schools include Texas A&M, Colorado State University and the University of California, Davis.
www.morningagclips.com/survey-ranks-uf-as-top-university-for-ag-research-investment/
**Post-election farmer sentiment jumped in November as the Purdue University-CME Group Ag Economy Barometer climbed 30 points to 145, the highest since 2021.
Both Current Conditions and Future Expectations increased.
Future Expectations increased 37 points to 161, while Current Conditions rose 18 points to 113.
Some of the reasons behind the improvement include expectations for a future of more favorable regulatory and tax environment for the ag sector.
**Biden administration officials won’t finalize guidelines on new clean fuel production tax credits intended for the airline and biofuel industries before they leave office in January.
Three sources told Reuters that casts significant doubt on a key piece of the president’s climate goals.
The tax credit was due to take effect on January 1st, but a lack of detailed guidance from the Treasury Department would make the program dormant.
