American Soybean Association welcomes emergency diesel-fuel tax relief

The American Soybean Association expressed appreciation Oct. 6 following the signing of an executive order on emergency tax relief for diesel fuel.

The order will allow the temporary use of dyed diesel for onroad transportation with the federal fuel tax deferred at this time.

ASA is urging the administration to ultimately waive these deferred taxes for farmers.

“As U.S. soybean farmers move the 2026 harvest to market, ASA thanks President Trump for his executive order that seeks to address high fuel costs impacting our bottom lines,” said ASA Vice President Dave Walton, a soybean farmer from Wilton, Iowa.

“This policy will align with actions taken by many soybean-producing states already, and ASA is encouraged by the administration’s continued focus on agricultural affordability,” Walton added.

ASA said it supports the executive order and urges the administration to ensure farmers do not have to pay future deferred taxes for fuel use and are held harmless for residual dyed diesel that may remain in fuel tanks following the expiration of this order Dec. 31.

Farmers should maintain records of their dyed-diesel use during this period in the event the deferred taxes ultimately become due.

Further, ASA said it continues to support policies that preserve the integrity and solvency of the Highway Trust Fund and ensure the continued ability to make timely repairs and improvements to the nation’s roads and bridges.