Sustainable Groundwater Challenges and Farmer Sentiment Jumps in November

**As implementation of California’s Sustainable Groundwater Management Act ramped up the past couple of years, farmers who learned late about the far-reaching law have encountered additional challenges.

In 2017, Madera County farmer Makhan Singh borrowed money to purchase farmland and plant almond trees, long-term investments he may be unable to recoup due to the law’s groundwater pumping restrictions.

As groundwater management tightens, some groups are expanding their efforts to educate farmers.

**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.