ASA Seeking Nominations for Annual Soy Recognition Awards

June 17, 2024

The American Soybean Association would like to recognize exceptional soy volunteers and leaders and requests your help with candidate nominations. During the 2025 Commodity Classic, individuals will be honored for state association volunteerism, distinguished leadership achievements, and long-term, significant contributions to the soybean industry. The nomination period is open through Oct. 25. ASA Recognition Awards...

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A Look at 40B and 45Z Credits for Soy Biofuels

June 6, 2024

By Scott Gerlt • ASA Chief Economist Federal tax credits for biofuels are poised to take a new direction. The Inflation Reduction Act was enacted in August 2022 and restructured biofuels tax credits (for more information on the IRA, read this previous Economist’s Angle). The legislation extends the Biodiesel Blenders Tax Credit, establishes a sustainable...

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Farm Bill Proposal Enhances Safety Net

May 21, 2024

By Scott Gerlt • ASA Chief Economist  Updated 5/21/24 Based on Legislative Text The farm bill renewal process is heating up. The last farm bill, passed in 2018, was set to expire in 2023. No draft legislative text was released last year for a new farm bill. Instead, the 2018 Farm Bill was extended into...

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