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 ...
July 18, 2024
By Scott Gerlt, PhD, ASA Chief Economist • Krista Swanson, NCGA Lead Economist • Katelyn Klawinsky, ASA Economics Intern The Inflation Reduction Act (IRA), passed in August 2022, created a sustainable aviation fuel tax credit. ...
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 ...
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 ...
April 4, 2024
Dr. Scott Gerlt • ASA Chief Economist The domestic biomass-based diesel industry, which includes biodiesel and renewable diesel, is growing. Capacity grew from 3.3 billion gallons at the beginning of 2021 to 5.9 billion gallons ...