# Economist's Angle: What’s in the Inflation Reduction Act for Soybeans? - American Soybean Association

> 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.

- Date: 2022-09-01 · published 2022-09-01T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15371-economist-s-angle-what-s-in-the-inflation-reduction-act-for-soybeans-american
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-11-04 | [Economist's Angle: Food vs. Fuel? - American Soybean Association](https://feedsoft.ai/events/15431-economist-s-angle-food-vs-fuel-american-soybean-association.md) | -3.0% | -6.6% |
| SBO | 2019-01-29 | [Biodiesel Market in EU Opens for U.S. Soybeans - American Soybean Association](https://feedsoft.ai/events/61201-biodiesel-market-in-eu-opens-for-u-s-soybeans-american-soybean-association.md) | -0.6% | -0.7% |
| SBO | 2026-04-09 | [Beyond the Headline RVO - American Soybean Association](https://feedsoft.ai/events/15036-beyond-the-headline-rvo-american-soybean-association.md) | -3.8% | +5.2% |
| SBO | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +2.4% | +2.4% |
| SBO | 2018-02-22 | [Success in Antidumping Case for Biodiesel - American Soybean Association](https://feedsoft.ai/events/66593-success-in-antidumping-case-for-biodiesel-american-soybean-association.md) | -0.3% | +0.9% |
| SOY | 2019-01-29 | [Biodiesel Market in EU Opens for U.S. Soybeans - American Soybean Association](https://feedsoft.ai/events/61201-biodiesel-market-in-eu-opens-for-u-s-soybeans-american-soybean-association.md) | -0.5% | -2.1% |
| SOY | 2026-04-09 | [Beyond the Headline RVO - American Soybean Association](https://feedsoft.ai/events/15036-beyond-the-headline-rvo-american-soybean-association.md) | +0.4% | +1.5% |
| SOY | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +0.4% | -0.7% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/economists-angle-whats-in-the-inflation-reduction-act-for-soybeans/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.