Economist’s Angle

Double-Crop Soybeans and Crop Insurance

June 2, 2022

By Scott Gerlt  • ASA Chief Economist  Soybeans in the United States are grown in one of two ways: as a single crop or as a double (second) crop. Single-crop soybeans are the only crop ...

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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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