Soybean producers from all U.S. soybean growing regions gathered in Tampa, Fla., last week to review and revise the policy direction of the American Soybean Association (ASA).

One hundred thirty two producers from ASA’s 26 state affiliates served as voting delegates in this annual process that guides the ASA as it pursues future initiatives to improve U.S. soybean farmer profitability.

The voting delegates session was held on Saturday, March 5, following conclusion of the annual Commodity Classic Convention and Trade Show. What follows are some of the most significant additions and modifications covering a variety of important soybean issues.

Tariffs and trade

ASA strongly supports swift Congressional passage of the pending Colombia, Panama, and South Korea Free Trade Agreements. ASA supports free trade agreements that help to increase soybean and meat exports.

ASA opposes actions by Congress to impose greater tariffs on Chinese products without multi-lateral agreements. ASA believes that unilateral Chinese currency legislation by Congress would create retaliatory actions that would negatively affect soybean trade with China. China purchased more than $9 billion of U.S. soybeans last year and is the number one customer for U.S. soybean exports.

ASA urges the Administration to negotiate a bilateral agreement with the European Union (EU) regarding U.S. compliance with the Renewable Energy Directive (RED) that establishes an actual value for greenhouse gas emissions savings for U.S. soy-based biodiesel that qualifies for EU tax credits and use mandates, and establishes an aggregate approach for certifying that U.S. biodiesel feedstocks were produced in a sustainable manner that meets RED land use requirements.