# Soybean growers hear reports on NAFTA negotiations and the biodiesel tax credit - High Plains Journal

> Soybean growers heard at the Kansas Soybean Expo that biodiesel output grew from 100 million gallons in 2004 to 2.5 billion in 2017. Imports from Argentina, which were subsidized through export taxes, pressured domestic producers, and US trade cases against Argentina are expected to resolve within months.

- Date: 2018-01-23 · published 2018-01-23T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/66866-soybean-growers-hear-reports-on-nafta-negotiations-and-the-biodiesel-tax-credit
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A final trade ruling against subsidized Argentine biodiesel would support domestic soybean oil demand, while the RFS and tax credit remain key drivers.

## Read by commodity

- SBO: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-05-27 | [Heated demand for soybean meal and oil drives negotiations - Revista Cultivar](https://feedsoft.ai/events/8253-heated-demand-for-soybean-meal-and-oil-drives-negotiations-revista-cultivar.md) | +1.2% | +5.0% |
| SBO | 2025-09-04 | [U.S. biodiesel and renewable diesel imports fall sharply in 2025 after tax credit change -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15090-u-s-biodiesel-and-renewable-diesel-imports-fall-sharply-in-2025-after-tax.md) | -2.2% | -4.3% |
| SBO | 2021-04-14 | [Surge in US Biodiesel Exports Strains Soybean Supplies](https://feedsoft.ai/events/47463-surge-in-us-biodiesel-exports-strains-soybean-supplies.md) | +7.6% | +18.8% |
| SBO | 2017-10-26 | [Commerce Department Imposes Preliminary Antidumping Determination on Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/68545-commerce-department-imposes-preliminary-antidumping-determination-on-biodiesel.md) | +1.9% | -0.6% |
| SBO | 2022-05-24 | [Brazil’s Soybean Oil Exports Offset Biodiesel Fall \| CZ app](https://feedsoft.ai/events/41480-brazil-s-soybean-oil-exports-offset-biodiesel-fall-cz-app.md) | -2.0% | -12.6% |
| SOY | 2019-09-30 | [Where next for soybeans? - High Plains Journal](https://feedsoft.ai/events/57110-where-next-for-soybeans-high-plains-journal.md) | +3.8% | +4.2% |
| SOY | 2022-02-25 | [What comes next for ag trade, markets after a record year? - High Plains Journal](https://feedsoft.ai/events/14957-what-comes-next-for-ag-trade-markets-after-a-record-year-high-plains-journal.md) | +1.1% | +2.4% |
| SOY | 2019-04-01 | [U.S. Soybean Exports to China Increased in February; Trade Negotiations Return to Washington, D.C. \| Farm Policy News \| Illinois](https://feedsoft.ai/events/59451-u-s-soybean-exports-to-china-increased-in-february-trade-negotiations-return-to.md) | +1.7% | -4.2% |

## Sources

- hpj.com: https://hpj.com/2018/01/23/soybean-growers-hear-reports-on-nafta-negotiations-and-the-biodiesel-tax-credit/

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