Economist’s Angle

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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Economist’s Angle: China’s Demand for Pork

February 2, 2023

By Scott Gerlt • ASA Chief Economist China remains the goliath of global soybean demand. Over 60% of soybean trade around the world is destined for the country. The U.S. exports about half of its ...

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Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth

January 5, 2023

By Scott Gerlt • ASA Chief Economist Under the Renewable Fuel Standard, the Environmental Protection Agency must set annual biofuel blending levels for gasoline and diesel supplies. As part of that process, EPA releases a ...

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Economist’s Angle: Transportation Issues Challenge Soybean Exports

December 1, 2022

By Scott Gerlt • ASA Chief Economist Soybeans are the United States’ top agricultural export with over $27 billion in exports in 2021. About half of the soybean crop is exported as whole soybeans. Trade ...

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Economist’s Angle: Soybean Processing Growth Is Crushing It

November 10, 2022

By Scott Gerlt • ASA Chief Economist The soybean processing industry intends to significantly grow over the next few years. This change will open up more domestic opportunities for soybean consumption. Soybeans are almost never ...

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