Economist’s Angle

Economist’s Angle: What’s in the Inflation Reduction Act for Soybeans?

September 1, 2022

By Scott Gerlt  • ASA Chief Economist  In the world of economic policy, IRA no longer stands for just “Individual Retirement Account,” but also “Inflation Reduction Act.” This package, signed into law by President Biden ...

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Soybean Acres Disappear in the June Acreage Report

July 7, 2022

By Scott Gerlt  • ASA Chief Economist Christmas for crop market analysts comes several times a year with presents delivered by USDA. As markets unwrapped their June 30th Acreage Report gift, they were met with ...

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Double-Crop Soybeans and Crop Insurance

June 2, 2022

By Scott Gerlt  • ASA Chief Economist  Soybeans in the United States are grown in one of two ways: as a single crop or as a double (second) crop. Single-crop soybeans are the only crop ...

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A Look at the Ukrainian Supplemental Proposal

May 5, 2022

By Scott Gerlt  • ASA Economist  The White House called on Congress last week to provide additional support to aid Ukraine in its defense against Russia’s invasion. The administration is requesting $33 billion to cover ...

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Economist’s Angle: Understanding the Soybean Numbers in the Prospective Plantings Report

April 7, 2022

By Scott Gerlt  • ASA Economist Last week, USDA released its Prospective Plantings report, which contained more soybean acres than expected. The average trade expectation for the report was 88.7 million acres of soybeans, but ...

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