Passage of the Bipartisan Budget Act of 2018

The Bipartisan Budget Act of 2018 was passed by Congress late last week. This paves the way for a fiscal year 2018 omnibus appropriations bill to be completed in March, addresses the approaching debt ceiling, provides disaster assistance, including for agriculture, and extends the biodiesel tax credit retroactively for 2017. Provisions of the agreement that … Read More »

Soy Leaders Recognized for Impact on Biodiesel Industry

During the annual National Biodiesel Board (NBB) conference this week, former American Soybean Association (ASA) CEO and current U.S. Department of Agriculture (USDA) Deputy Secretary Steve Censky was presented with the Pioneer Award for his role and many years of support for the U.S. biodiesel industry. As the long-time CEO of ASA, Censky was instrumental … Read More »

Soy Growers, Industry Leaders Discuss RFS, Tax Credit at National Biodiesel Conference

Representatives from the soybean industry attended the annual National Biodiesel Board (NBB) conference this week, participating in discussions on the challenges and uncertainty with federal policy priorities, such as the annual Renewable Fuels Standard (RFS) volumes, future threats to the RFS, the biodiesel tax credit, and trade cases to address imports of subsidized foreign biodiesel. … Read More »

Soy Growers Urge Congress to Pass Tax Extenders

Soy growers are urging Congress to pass a seamless multi-year extension of the “tax extenders” as soon as possible. The American Soybean Association (ASA) joined a range of several business, transportation, energy and ag stakeholders in a letter this week to both House and Senate leaders, stating the extension of these tax provisions is vital … Read More »

Congress Passes Tax Reform, But How Does it Affect You?

Republican leaders have reached a final agreement on the comprehensive tax reform package. Both the House and the Senate passed their bills this week, and the measure now awaits formal signature by President Trump. The final agreement sets the corporate tax rate at 21 percent and the top tax rate for individuals at 37 percent. … Read More »

ASA Urges Support of Tax Extenders Bill

In a letter to House and Senate leaders, ASA and fellow farm groups urged Congress to approve a “seamless, multi-year extension of the tax extenders before the end of 2017.” Such a package would include the ASA priority of an extension of the important Biodiesel Tax Credit. The full letter can be accessed at the … Read More »

From the Pages of the ASA Pod Policy Blog: 10 Years of Biodiesel in the RFS

This week marked the 10th anniversary of biodiesel in the Renewable Fuel Standard (RFS). Created under the Energy Policy Act of 2005 and expanded to specifically include biodiesel under the Energy Independence and Security Act of 2007, the RFS was created to expand the nation’s renewable fuels sector while reducing reliance on imported oil. Click … Read More »

National Biodiesel Board Holds Membership Meeting in DC

This week the National Biodiesel Board held its membership meeting in Washington, DC that was attended by numerous soybean grower leaders, state soybean association staff and ASA representatives. The focus of the meeting was on the push to get the biodiesel tax credit reinstated and on the Renewable Fuel Standard (RFS) volume requirements that were … Read More »

Issue Update: Biodiesel Tax Credit, RFS and Trade Case

As the Senate Finance Committee moves forward with the mark-up of comprehensive tax reform, the Republican sponsor and champions of the biodiesel tax credit, including Senators Grassley, Roberts and Thune have indicated that there is not a path for successful inclusion of the biodiesel tax credit in the tax reform package at this time. Senate Finance … Read More »

Commerce Department Imposes Preliminary Antidumping Determination on Biodiesel Imports

This week, the U.S. Department of Commerce issued a preliminary determination on the antidumping trade case filed against biodiesel imports from Argentina and Indonesia. The preliminary determination found that biodiesel imports from Argentina and Indonesia are sold into the United States below fair value, and as a result preliminary duties will be imposed on imports … Read More »