Economist’s Angle

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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ERS’ Estimates of Retaliatory Tariffs on U.S. Agriculture

February 3, 2022

The China trade war in 2018 and 2019 had a large effect on U.S. agriculture and was particularly devastating for soybeans. USDA’s Economic Research Service (ERS) released a report this month at the behest of ...

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Soybean Market Factors Starting the New Year

January 13, 2022

By Scott Gerlt  • ASA Economist The past few years have experienced a wild ride in the soybean markets with nearby futures price swinging between $7.80 and $16.77 per bushel since 2019. African Swine Fever ...

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Economist’s Angle: Breaking Down the Crop Year 2020 Soybean Safety Net

December 2, 2021

By Scott Gerlt  • ASA Economist The federal farm safety net for soybean producers is provided by the farm bill and crop insurance. These standing programs are designed to protect against different adverse conditions. While ...

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