Market Intelligence Monthly: April 2021

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.

Mac Marshall

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.