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 ...
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 ...
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 ...
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 ...
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 ...