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STATES FILE LAWSUIT AGAINST WOTUS AND FARM REAL ESTATE VALUES REMAIN STRONG

Tuesday Feb 28th, 2023 140 Views The Agribusiness Update
Facebook Twitter LinkedIn Mail

BOB LARSON



From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.



**Montana Attorney General Austin Knudsen and attorneys general from 23 other
states filed a lawsuit against the Biden administration’s Waters of the U.S.
Rule.



The group says the EPA’s WOTUS rule “goes beyond the power

Congress delegated in the Clean Water Act, raises serious constitutional
concerns, and runs roughshod over the Administrative Procedures Act.”



Knudsen says, “The EPA greatly overstepped its authority by trying to claim
jurisdiction over land and water not connected to any navigable water.”



**The Fertilizer Institute released new data highlighting industry improvements
in sustainability performance in key priority areas, including workforce safety,
energy, the environment, and innovation.



TFI President, Corey Rosenbusch says, the industry is continuously working
towards more sustainable operations, including efforts to decarbonize and
mitigate environmental impacts.



Report highlights include survey participants investing an average of more than
$1 billion every year in capital investments to help the industry meet
sustainability goals.



**Growth in farm real estate values remained strong but showed some signs of
easing alongside higher interest rates.



The Kansas City Federal Reserve says despite the rapid rise in rates, the value
of farmland continued to increase, but at a more tempered pace than earlier in
the year.



The growth in farmland values has softened most for lower-priced land and in
states most heavily affected by drought.



STATE ATTORNEYS GENERAL FILE LAWSUIT AGAINST BIDEN ADMINISTRATION'S WOTUS WATERS
U.S. RULE FERTILIZER INSTITUTE RELEASED DATA IMPROVEMENTS SUSTAINABILITY
PERFORMANCE GROWTH FARM REAL ESTATE VALUES REMAINED STRONG SIGNS EASING INTEREST
RATES
Previous ReportCalifornia Water Storage Scramble and Mexico Begins Biotech Corn
Ban
Next ReportCalifornia Winegrape Crop Smallest in Decade and Freight Prices Drop
 

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