Traders, farmers, and soy processors around the world refer to WASDE as an indicator of where supply and demand, and ultimately the price of soybeans may go. Mac Marshall, Vice President of Market Intelligence for the U.S. Soybean Export Council (USSEC) and the United Soybean Board (USB), is providing an inside look at what this month's numbers mean for U.S. Soy.

When considering Brazil's delayed harvest and Argentina's persistent dryness, Marshall says 'like Brazil - I'll be watching to see if USDA makes any adjustments to Argentina's crop size.' Besides the global soy complex, Marshall mentions, 'with the upward revisions to U.S. exports over the last several months, going into the March WASDE we are already looking at the tightest projected carryout in 7 years.'

Each month, Marshall invites a market analyst to join the conversation. This month we are honored to have Emily French, the founder of Global Ag Protein on this month's WASDE report. She has been part of the world's agriculture revolution for 25 years, formerly as a trader, analyst, and broker. Emily's GAP clients include non-U.S. commercial producers and end-users, hedge funds, private traders, U.S. producer associations and commodity exchanges, with a sole focus on the soy complex and grains. We are excited to hear her insights and to answer your questions.

You won't want to miss the update this pair is delivering during the U.S. Soy WASDE Webinar February 9, 7:00 - 7:45 p.m. Chicago Time. Register today to secure your inside look at the report.

To see last month's WASDE webcast key takeaways, take a look at February 2021 WASDE: Soy Supply Remains Tight as Exports Continue to Rise.

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USSEC - U.S. Soybean Export Council published this content on 05 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2021 16:40:05 UTC.