Weekly News

Soybean Growers Appreciative of WOTUS Announcement

The American Soybean Association (ASA) is pleased that the U.S. Environmental Protection Agency (EPA) and Army Corps of Engineers have developed a proposed Waters of the United States (WOTUS) rule that takes into account comments by ASA and other impacted stakeholders that aim to protect our waterways while offering a workable solution for farmers. Soybean … Read More »

ASA WISHH Deepens Aquaculture Programming in Cambodia

ASA’s Commercialization of Aquaculture for Sustainable Trade (CAST) Project made progress as Chief of Party Jim Hershey spent most of November in Southeast Asia meeting with project partners, fish producers and feed mills that buy U.S. soybean meal, such as CP Foods. The largest feed mill and poultry producer in Cambodia, CP imports about 50,000 … Read More »

Farm Bill Details Begin to Surface

Leaders of the House and Senate Agriculture Committees continue to keep most provisions of the farm bill agreement-in-principle they reached last week under wraps, waiting for the Congressional Budget Office to score some last-minute changes to make sure the bill is budget-neutral. In addition, Congress and the President have agreed to fund federal agencies for … Read More »

Congratulations to the 2019 ASA Governing Committee

Davie Stephens, of Clinton, Ky., will serve as 2019 American Soybean Association (ASA) president, following a vote of the ASA board this morning in St. Louis. Stephens previously served as secretary of ASA, and has been an ASA national Director since 2012. He was elected to represent his fellow farmers on the Kentucky Soybean Association … Read More »

EPA Announces Biodiesel and Advanced Biofuels Volumes

The U.S. Environmental Protection Agency (EPA) announced today that the biomass-based diesel and advanced biofuels volumes will be increased above previous year levels, which is good news for the soybean industry. The increase, however, is mitigated by the absence of reallocation of the significant gallons that were waived under exemptions issued previously by EPA to … Read More »

ASA, Biodiesel Partners Urge Trump to Ensure Rigorous Review of Argentine Biodiesel Import Duties

ASA joined the National Biodiesel Board and the National Renderers Association on a letter to President Trump to express concern that the U.S. Department of Commerce has initiated “changed circumstances” reviews of U.S. trade duties on Argentine biodiesel companies. The letter urged the president to ensure that Commerce undertake a rigorous, comprehensive and transparent review … Read More »

MFP Payments on Unharvested Soybeans

ASA is aware of soybean storage issues around the country and that many growers are not harvesting their crop, leading to questions about eligibility for Market Facilitation Program payments. ASA has confirmed with FSA that MFP payments will be made on bushels that are mechanically harvested.  Crops do not need to be stored in bins … Read More »

House Chairman Releases Tax Bill with Biodiesel Tax Credit Extension

This week, House Way & Means Committee Chairman Kevin Brady (R-TX), released a tax bill to provide technical corrections to certain comprehensive tax reform provisions enacted last year and to also extend several expired tax credits, including a multi-year extension of the biodiesel tax credit. The proposal would keep the biodiesel credit at its current … Read More »

U.S. Soy Usage Grows in Ghana

ASA/WISHH Africa Regional Consultant Josh Neiderman traveled to Ghana to meet with stakeholders involved in market development activities in early November. Neiderman visited the supply chain partner Yedent Agro Enterprises Ltd., a recent recipient of a Quality Samples Program container of U.S. value added soybean products and buyer of U.S. whole soybeans under U.S. government … Read More »

ASA Japan Comments Submitted to USTR

ASA coordinated with USSEC submitting joint comments and objectives for a U.S. – Japan Free Trade Agreement to the USTR, highlighting reducing tariffs and increasing market access as key objectives for both in the upcoming Free Trade Agreement with Japan. Japan is the fifth-largest market for U.S. soybean exports, with shipments valued at $976 million … Read More »