Congress faces a Friday deadline to pass a  $1.3 trillion government-wide spending plan and companies that buy commodities from farmers hope it will include a fix to the Section 199A tax deduction that has rattled the industry.
 
The must-pass omnibus spending bill offers the chance for enacting changes to the tax provision, but Republicans say Senate Democratic Leader Chuck Schumer, D-N.Y., has been holding up the199A fix to extract concessions from GOP leaders on the omnibus.
 
Also this week, ethanol producers are bracing for another possible White House meeting to address refiners’ demands for action by the Trump administration to reduce the prices they’re paying for Renewable Identification Numbers, the biofuel credits used to track compliance with the Renewable Fuel Standard.
 
Vice President Mike Pence, meanwhile, will give some extra prominence to National Agriculture Day this year by going to the Agriculture Department on Tuesday to commemorate President Trump’s Ag Day proclamation.
 
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