Weekly News

Soy Leaders Gain Knowledge to Promote Industry

Agricultural industry leaders met in St. Charles, Mo. this week, for a two-day training to effectively promote the soybean industry, communicate key agricultural messages and work to expand U.S. soybean market opportunities domestically and internationally, while networking with growers from across the country. More than 100 participants attended this year’s conference. The 2019 program included … Read More »

Six Months since China’s First Retaliatory Trade Tariff Imposed on U.S. Soybeans

It has been a full six months since China retaliated against President Trump’s 25 percent tariff on $34 billion worth of Chinese goods. That tariff, which took effect July 6, 2018, has rocked the foundation of a decades-old trade relationship U.S. soybean farmers built with China, the largest market for American beans. And, it has … Read More »

Commodity Classic Early Registration Discount Ends January 10

Thursday, Jan. 10 is the deadline for the early registration discount for Commodity Classic—America’s largest farmer-led, farmer-focused agricultural and educational experience. The 2019 Commodity Classic will be held Thursday, Feb. 28 through Saturday, March 2 in Orlando, Fla. To register, reserve hotel rooms and sign up for email updates, visit CommodityClassic.com.  A complete schedule of events … Read More »

Trade Update

Over the holiday break we saw various actionable items in the trade world, as well as a few on the horizon that ASA wants to make soybean growers aware of. The first is that on Dec. 20, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP) entered into force for Australia, Canada, Japan, Mexico, New … Read More »

Biodiesel Tax Credit Still in Limbo

Congress was working right up until Christmas on a tax package that included extension of the biodiesel credit, but as 2019 begins the biodiesel credit remains lapsed. On Dec. 20 the U.S. House of Representatives passed a package of tax provisions, including extension of the biodiesel tax credit, by a vote of 220-183. However, that … Read More »

ASA/WISHH Shares 2018 Annual Results

A new easy-to-review ASA/WISHH annual report shares how WISHH’s activities build demand and drive growth for U.S. soy. With 2018 support of 20 Qualified State Soybean Organizations, WISHH leveraged farmer dollars $6 to 1 over the past five years as it implemented programs like AMPLIFIES Ghana, a U.S. Department of Agriculture (USDA)-funded poultry feed project. … Read More »

Soybean Farmers Thankful for Final Installment of Market Facilitation Aid

U.S. soybean farmers welcomed news from President Trump Monday confirming a second payment under the United States Department of Agriculture (USDA)’s Market Facilitation Program. “Soy growers are very thankful that President Trump understands the need for this payment on the full 2018 production and that the Administration will deliver the second half of the aid … Read More »

Soybean Growers Support USDA’s Bioengineered Food Disclosure Rule

The United States Department of Agriculture (USDA) announced its final rule for implementing the National Bioengineered Food Disclosure Standard (NBFDS), which will inform consumers of the presence of bioengineered genetic material in their food. “Soybean farmers are pleased that USDA took the time to do this rule the right way. We believe that it allows … Read More »

Soybean Growers Encouraged by China Sales, but Need Second Aid Payment

The American Soybean Association (ASA) is encouraged by news this week that buyers in China have made purchases of U.S. soybeans. U.S. soybean sales to China were suspended earlier this year as trade relations between the countries faltered under the current tariff war. Davie Stephens, ASA President and a grower from Clinton, Ky., said, “This … Read More »

House & Senate Approve Farm Bill—and Soy Growers Approve the Quick Progress!

ASA congratulates the House and Senate Agriculture Committees and Congressional leadership on both chambers’ quick actions to approve the “Agriculture Improvement Act of 2018,” or Farm Bill.  ASA now encourages the President to act quickly, in turn. “We are so pleased that the Senate and now the House have acted so swiftly to approve this … Read More »