The latest World Agricultural Supply and Demand Estimates report from the U.S. Department of Agriculture offers little change, as expected. Mac Marshall, United Soybean Board vice president of market intelligence, says the only major change was a reduction in old crop exports by 15 million bushels.
Marshall says this is an exciting time for the soy checkoff from a market standpoint as well as for checkoff activities. The USDA acreage report will offer more details for the growing season, and there is also an upcoming event at the Port of Grays Harbor in Washington state to show firsthand the infrastructure advancements.
For now, he says the markets are following the weather and Crop Progress reports.
That was Mac Marshall, United Soybean Board vice president of market intelligence.
