Economist’s Angle

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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Economist’s Angle: The Shrinking Farm Bill Safety Net

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 ...

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Economist’s Angle: October WASDE

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 ...

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Economist’s Angle: What’s in the Inflation Reduction Act for Soybeans?

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 ...

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