Economist’s Angle

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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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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