Extensions of Farm Bill, biofuel tax credits are in "fiscal cliff" deal

01/11/2013 | Cattle Business Weekly (Philip, S.D.)

The deal to avert the "fiscal cliff" includes an extension of the 2008 Farm Bill through September, as well as a three tax credits for biofuels. Renewable Fuels Association President and CEO Bob Dinneen said the extensions will help the industry grow this year. "I think it shows government support of new renewable fuels. Up until the vote, the support was being shown more towards petroleum and fracking," he said.

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Cattle Business Weekly (Philip, S.D.)

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