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 ...
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 ...
October 20, 2022
By Scott Gerlt • ASA Chief Economist The first title of the farm bill provides programs to serve as a safety net for farmers. Agricultural producers can face large annual fluctuations in income due to ...
October 13, 2022
By Scott Gerlt • ASA Chief Economist October’s WASDE contained a surprise for soybean markets. The projected yield for the current crop was dropped by 0.7 bushels per acre. This was the second month ...
September 1, 2022
By Scott Gerlt • ASA Chief Economist In the world of economic policy, IRA no longer stands for just “Individual Retirement Account,” but also “Inflation Reduction Act.” This package, signed into law by President Biden ...