Biodiesel

Soybean Industry Supports Biodiesel Industry on Capitol Hill

The soybean industry played a leading role in the National Biodiesel Board (NBB) membership meeting held in Washington, D.C. this week. The American Soybean Association (ASA) was represented by Director Rob Shaffer (Illinois) as well as ASA Washington staff and numerous soybean farmers, state soybean association staff and industry partners. Updates were provided on the outlook … Read More »

Biodiesel Tax Credit Co-Sponsors Still Needed

The American Soybean Association (ASA) needs growers at the state level to contact their members of the U.S. House of Representatives and urge them to co-sponsor the House and Senate biodiesel tax credit bills. Recently, Rep. Kristi Noem (R-SD) introduced H.R. 2383 and Sen. Chuck Grassley (R-IA) introduced S. 944, to extend the biodiesel tax … Read More »

Biodiesel Tax Credit Co-Sponsors Still Needed

The American Soybean Association (ASA) still needs growers at the state level to contact their members of the U.S. House of Representatives and urge them to sign on as an original co-sponsor of the biodiesel tax credit bill. Recently, Sen. Chuck Grassley introduced legislation in the U.S. Senate to extend the biodiesel tax credit and … Read More »

ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act

The American Soybean Association (ASA) supports the work of Sen. Grassley (R-Iowa), Sen. Cantwell (D-Wash.) and the other 14 senators who today introduced bipartisan legislation to reform the biodiesel tax credit to a domestic production credit and extend the new policy for three years. “This bill allows producers the security they need to grow their … Read More »

First Steps Taken on Biodiesel Trade Case

The U.S. International Trade Commission (ITC) held a staff conference last week in Washington, D.C. as part of its preliminary determination phase in response to the petition filed by the National Biodiesel Board Fair Trade Coalition.  As part of the staff conference, petitioners and opponents presented testimony and answered questions from the ITC staff regarding … Read More »

ASA Supports National Biodiesel Board Anti-Dumping Petition

The American Soybean Association (ASA) has signaled its support for an anti-dumping and countervailing duty petition filed yesterday by the National Biodiesel Board (NBB). The petition alleges that Argentine and Indonesian companies are flooding the U.S. market with dumped biodiesel—biodiesel sold at less than the cost of production—and subsidized biodiesel in violation of America’s trade … Read More »

Biodiesel Leaders Meet in Washington and Discuss RFS, Tax Credit

The National Biodiesel Board (NBB) Governing Board, including ASA representative Mike Cunningham (IL), ASA past President Ron Heck (IA) and other soybean farmers, met in Washington, D.C this week. In addition to board business, the soybean and biodiesel industry leaders took time to visit with key congressional offices to discuss the biodiesel tax credit and the … Read More »

U.S. Producing Record Gallons of Biodiesel, But Imports Also Increasing

The Environmental Protection Agency (EPA) recently released final 2016 biodiesel and renewable diesel numbers. The numbers show that the U.S. is producing record gallons of American made biodiesel, however foreign imports of biodiesel and renewable diesel are capturing over a third of the market, limiting the potential for additional economic benefits to U.S. producers. Highlights … Read More »

Soy Growers, Industry Leaders Talk 2017 Policy Outlook at National Biodiesel Conference

Soy leaders attended the national biodiesel industry conference hosted by the National Biodiesel Board (NBB) this week in San Diego, Calif. American Soybean Association (ASA) biodiesel representative Mike Cunningham (IL), ASA Washington staff and numerous soybean farmers and state soybean association leaders participated in the conference. A prominent theme throughout the event was the federal policy … Read More »

Soybean Industry Plays Leading Role in Biodiesel Tax Credit Meetings on Capitol Hill

The National Biodiesel Board (NBB) hosted industry stakeholders for a series of meetings in Washington, D.C. this week with Members of Congress to discuss the status of the biodiesel tax credit and the outlook for tax issues going forward.  The current one dollar per gallon biodiesel blender’s tax credit is scheduled to expire on Dec. … Read More »