News Releases

Increased Feedstock Imports Push Soy from Biofuels

August 15, 2024

By Scott Gerlt • ASA Chief Economist Growth in biofuel use of soybean oil has been a bright spot for soybean farmers. Over 20 new or expanding crush plants have been announced since the start ...

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Clean Fuel Tax Credits Out of Reach for Many Farmers

July 17, 2024

Sustainable aviation fuel and clean fuel production tax credits have the potential to benefit farmers while lowering America’s carbon emissions, but shortcomings in the provisions could put the benefits out of reach for many farmers ...

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ASA Appreciates SAF Feedstock Eligibility Inclusion—but Concerned Strict New Pathway Prohibitive for Northern Soy States

April 30, 2024

The Department of Treasury first recognized soy as an eligible sustainable aviation fuel (SAF) feedstock in initial guidance last December through a Renewable Fuel Standard pathway. Now, additional guidance from Treasury goes a step further ...

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Soy Positioned to Fly High Under New SAF Guidance

December 15, 2023

Washington, D.C. Dec. 15, 2023. The U.S. Department of the Treasury has issued long-awaited guidance on the Sustainable Aviation Fuel Credit (40B) established by the Inflation Reduction Act (IRA), and the news is positive for ...

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ASA Appreciates EPA SRE Decision

July 17, 2023

July 17, 2023. Washington, D.C. The Environmental Protection Agency has denied 26 Small Refinery Exemption petitions for the Renewable Fuel Standard spanning compliance years 2016-2018 and 2021-2023, demonstrating the agency’s continued commitment to ending the ...

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