Market Intelligence Monthly: April 2021

Mac Marshall

Mac Marshall

United Soybean Board and U.S. Soybean Export Council

With old crop beans reaching $15/bushel and new crop beans crossing $13/bushel in April, there’s a lot of reason for excitement as planting rolls along across the United States. We’ve entered the seasonal slowdown period on the export front, but with burgeoning demand for soybean oil from the emerging renewable diesel sector coupled with a rosier outlook for animal agriculture relative to last April, there is never a dull moment in the world of U.S. Soy. For more details and analysis of the market dynamics impacting soybean markets, please enjoy the April Market Intelligence Monthly.