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The American Soybean Association outlines Inflation Reduction Act provisions affecting soybeans, including about $18.77 billion in added USDA conservation funding through FY2026. The law also includes biofuel incentives such as tax credits for renewable diesel and next-generation fuels.
Biofuel incentives in the IRA support soybean oil demand for fuel, which can lift soybean oil and soybean prices, while conservation funding has a smaller direct price effect.
soygrowers.comSep 1, 2022After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
