Green Jet Fuel Plant to Open and Small Family Farms Lead the Way
From the Ag Information Network, this is your Agribusiness Update.
**The world's first factory designed to make green jet fuel from ethanol is expected to start operations before the end of the year after several delays.
LanzaJet Inc. reports the $200 million facility outside of Soperton, Georgia, initially scheduled to start commercial production last year, is now expected to begin operating by the end of September.
LanzaJet CEO Jimmy Samartzis tells www.agrimarketing.com the latest delay was the result of equipment issues.
www.agrimarketing.com/s/154535
**India may be looking at a 1% drop in the country’s gross domestic product after President Trump added potential tariffs to their goods.
Analysts say the new costs were imposed on India because it purchased Russian oil.
New Delhi reacted strongly to the announcement, calling the move “unjustified.”
The Indian government said the country has been unfairly targeted because other nations are buying oil from Russia and not getting targeted by the White House.
**In 2023, small family farms sold $2.4 billion worth of food directly to consumers, more than any other farm type.
A small family farm earns a gross cash farm income under $350,000, and most assets are owned by the producer, their household, or relatives.
Midsize family farms, that earn between $350,000 and $999,999, and nonfamily farms of any size reported far less in direct-to-consumer sales, at $652 million and $402 million, respectively.
