The American Soybean Association (ASA) supports the National Biodiesel Board (NBB) in the filing of an anti-dumping and countervailing duty petition. The petition alleges Argentine and Indonesian companies are selling dumped biodiesel and subsidized biodiesel in violation of U.S. trade laws. ASA President Ron Moore made this statement in support of the petition:

“Biodiesel imports from Argentina and Indonesia have flooded the U.S. market in recent years and these imports receive trade and market distorting subsidies in their home countries that provide an unfair advantage over U.S. biodiesel. Soybean farmers have a vested interest in the biodiesel industry, having made substantial investments over the past several decades to established and build a domestic biodiesel industry and market. We believe an investigation by the Department of Commerce and the International Trade Commission will show that unfair subsidies provided by Argentina and Indonesia are resulting in imports being unlawfully dumped on the U.S. market. We look forward to the appropriate anti-dumping and countervailing duties being imposed to remedy these unfair and unlawful practices.”