Caleb Ragland

President Trump came along here in his second time around, and we do not favor tariffs.

duties and things that make the playing field unlevel and put us at a disadvantage.

We support free trade as an organization.

So on the trade front, it's been hurtful.

So it's a combination of both.

Another thing I want to talk about is opportunities within biofuels.

We do have some very exciting domestic opportunities coming about.

The

Renewable volume obligations for soy-based biofuels are increasing significantly.

They're being finalized now, those rules, and it's going to be over a 60% increase from where we were at here in the last few years when these rules are finalized.

EPA is in the process of getting that done here and we expect that here within days.

And that's going to be really positive for our industry.

Also, the 45Z tax credit has a lot of potential.

That's something Treasury is working on and

should get done here in the next couple of months, if not sooner.

And those will be significant increases here at home that help us.

Biofuels are a very great thing for not only soybean farmers, they're great for rural America because they create jobs.

They keep dollars turning over here in our rural communities.

They say that a dollar that is earned on the farm

is usually spent seven or eight times in the local economy.