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President’s Column: Uncertain yet Undeterred
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President’s Column: Uncertain yet undeterred
This column by MSGA President Darin Johnson first appeared in the July-August 2025 issue of Soybean Business. Click here to read the digital issue. As I look back on my first year as president of the Minnesota Soybean Growers Association, there is one prevailing word that comes to mind: uncertainty. In this day and age, it seems like the word gets thrown around a lot, but in interviews with media and in meetings with policy leaders, I often lea…
The future prices of soybean oil in the CME Group (“Chicago”) ended with rises after it became known that the scheme of incentives for biodiesel – which is being dealt with at this time in the U.S. Senate – favors the use of American soybean oil in the waste of imported raw materials. The Inflation Reduction Act (IRA), in force since 2022, provided for the extension of the US$ 1.0 per gallon tax credit for biodiesel mixers (40A) and created a ta…
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