Economist’s Angle

Economist’s Angle: Ain’t No River High Enough

August 10, 2023

By Kelsey Story • Guest Author/ASA Economics Intern  There is a major weather phenomenon that occurs every few years that changes weather patterns all over the world. While La Nina and El Nino mostly affect ...

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EPA’s Biomass-Based Blending Levels Less Than Expected by Markets

July 6, 2023

By Scott Gerlt • ASA Chief Economist   The Environmental Protection Agency released its final Renewable Volume Obligations for 2023 through 2025 on June 21. The RVOs set the minimum biofuel blending levels in the fuel ...

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Economist’s Angle: Markets Await the New Crop

June 1, 2023

By Scott Gerlt • ASA Chief Economist   The 2022/23 U.S. soybean crop was much smaller than originally anticipated. The perspective plantings report at the end of March originally indicated 91.0 million acres of soybeans. The ...

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Economist’s Angle: Title I Adjustments Could Enhance Effectiveness of the Farm Safety Net

May 4, 2023

By Scott Gerlt • ASA Chief Economist  Title I of the farm bill provides the portion of the farm safety net that assists farmers through major market shocks. This requires program trigger levels be high ...

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Economist’s Angle: Baseline Funding Heading into Farm Bills

March 30, 2023

By Scott Gerlt • ASA Chief Economist  The Congressional Budget Office is the referee of the farm bill process. The nonpartisan office within the legislative branch is tasked with estimating the costs of legislation for ...

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