Tag: soybeans

White House Lays Out New Bioeconomy Priorities

Yesterday, the Biden-Harris administration announced new goals and priorities to advance American biotechnology and biomanufacturing. This follows President Biden’s September 2022 executive order to advance a national biotechnology and biomanufacturing initiative. The EO contained many provisions important to American soybean farmers, including actions that will support improved markets for biobased products, create greater access to …

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Allendale’s Rich Nelson says No Changes in Ending Stocks for Wheat on US Sheet and Only Minor Changes Made to World Numbers in Latest WASDE Report

As expected by the grain trade, USDA on Wednesday lowered corn export demand 75 million bushels (mb) and also bumped up ending stocks for the crop by 75 mb as well. USDA trimmed soybean ending stocks to 210 mb, 15 mb from last month’s estimate. USDA lowered its crush estimate by 10 mb but raised …

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U.S. Soy Goes the Extra Mile with Sustainable Solutions for Cities and Communities

The soy checkoff, American Lung Association and U.S. Department of Agriculture recognize city fleet leaders ahead of National Biobased Products Day on March 8. ST. LOUIS (March 3, 2023) — U.S. soybeans support cleaner environments and climate change initiatives in some of the nation’s most populous cities. The Biobased Academy® is one partnership that goes …

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Data Truths — How Data Helps with Decision Making

Farming technologies have come a long way in the last two centuries. Modern agriculture has witnessed a technology boom that farmers a century ago would scarcely recognize. Technological advancements allow today’s farmers to work much more efficiently than those in the past. Soil sensors gauge soil moisture levels and send alerts when irrigation is needed. …

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ASA Submits Comments on EPA’s Endangered Species Act Work Plan

Nothing quite says “love is in the air” like 18 pages of discussion on reducing pesticide spray drift exposures for non-target species. That was the theme of comments ASA submitted Tuesday, Valentine’s Day, to an open docket on EPA’s Endangered Species Act Work Plan Update. The Work Plan Update proposes developing general ecological restrictions under …

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ASA & Crop Insurance Coalition Urge Administration, Congress to Protect Crop Insurance

ASA and more than 60 members of the Crop Insurance Coalition are urging Congress and the administration to oppose harmful cuts to the federal crop insurance program during the upcoming fiscal year 2024 budget and appropriations processes. The federal crop insurance program is administered through USDA’s Risk Management Agency. Federal crop insurance is structured so …

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12 ASA Representatives Testify at EPA RVO Hearing

ASA, along with others in the biofuels industry, weighed in this week on EPA’s draft “set” rule, which sets annual biofuel blending targets under the Renewable Fuel Standard, including proposed Renewable Volume Obligations for 2023, 2024, and 2025. EPA released its draft in early December, drawing surprise and concern from ASA and others. In a …

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Purdue University Study Shows Soybean Oil for Biofuels Has Limited Impact on Overall Food Prices

Whether buying Christmas presents, purchasing a new car or shopping for food, everyone is feeling the pinch of inflation. Grocery prices have increased 21% (from January 2020 to August 2022), and retail fat and oil prices have increased 30% — with soybean oil a key ingredient in frying and baking, including its use in margarine, …

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Checkoff Helps to Export Soybean Meal

Soybean farmers throughout the country will be able to access the newly funded expansion of the AG Processing Inc. (AGP) Port of Grays Harbor in Aberdeen, Washington, bolstering international trade of soybean meal. The checkoff is investing $400,000 in research, analysis and design. Once completed, the terminal will increase soybean meal exports from 3 million …

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