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.
Vice President, Market Intelligence
United Soybean Board and U.S. Soybean Export Council
Mac Marshall serves as the Vice President, Market Intelligence for the United Soybean Board (USB) and the U.S. Soybean Export Council (USSEC). In this capacity, Mac works with USB and USSEC leadership to evaluate and establish long-term strategic initiatives in support of advancing domestic and international market opportunities for the U.S. soybean industry. He also serves as an industry source of market information and analysis. Prior to joining the United Soybean Board, Mac served as global market analysis and trade lead at Bayer Crop Science, where he worked on international market access issues as part of a global agricultural policy team. Prior to Bayer’s acquisition of Monsanto, Mac worked in Monsanto’s global strategy group with a focus on commodity market analysis in support of the company’s long-term strategy setting and understanding of near-term market dynamics. Before joining Monsanto in 2014, Mac served as a staff economist at the United States Bureau of Labor Statistics with a focus on agricultural commodities, in addition to serving as the supervisory economist leading a team of economists covering service industries. He holds a B.A. in economics from Vassar College and an M.A. in applied economics from Johns Hopkins University.