Economist’s Angle

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 ...


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 ...


Used Cooking Oil Imports for Biofuels Exceed Expectations

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 ...


ASA Survey Shows Herbicide Strategy Compliance Difficult for Farmers

February 8, 2024

Scott Gerlt, PhD and Kyle Kunkler The Environmental Protection Agency has proposed several pesticide registration plans that could significantly affect farmers’ abilities to utilize herbicides. EPA is responsible for approving registrations on pesticides in the ...


California’s Proposed Changes to Fuels Program Presents Mixed Bag for Soybeans

January 11, 2024

Dr.  Scott Gerlt • ASA Chief Economist California is the land of redwoods, Hollywood, and renewable diesel. The state accounted for 10% of gasoline consumption and 7% of diesel consumption in the U.S. in 2021.[i] ...

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