A lot has been going on in the US soy market nowadays: a major expansion in the soybean crushing industry, which is mainly driven by the current and potential demand for renewable diesel. That scenario implies some uncertainties for the soybean market in the upcoming years, as we see a critical shift in the industry from "crushing for meal" to "crushing for oil." Thus, what should swine producers and nutritionists know about the soybean crushing industry? To answer that question (and many others), I have a great conversation with Mac Marshall and Dr. Keenan McRoberts in today’s episode, both from the United Soybean Board. We discuss the challenges and opportunities of the topic and the way it can impact the animal market.

"Overall, we're still in a strong demand environment for the soy complex – I see some exciting challenges over the next couple years, particularly on the meal fraction." - Mac Marshall

What you’ll learn:

(00:00) Highlight

(01:45) Introduction

(08:19) Soybean crush spread

(16:15) What can we expect from the future?

(19:15) Soybean oil vs. meal

(23:53) Soy use in the animal market

(27:26) Key takeaways

(34:05) Three final questions

Meet the guest: Dr. Keenan McRoberts

Experience:

• Current: Vice President, Science and Program Strategy at United Soybean Board

Background:

• Ph.D., Animal Science (Cornell University)
• M.Sc., International Agriculture and Rural Development (Cornell University)
• B.S., Biochemistry (University of Nebraska-Lincoln)

Connect with the guest on Social Media: LinkedIn

Meet the guest: Mac Marshall

Experience:

• Current: Vice President, Market Intelligence at United Soybean Board

Background:

• M.A., Applied Economics (The Johns Hopkins University)
• B.A., Economics (Vassar College)

Connect with the guest on Social Media: LinkedIn

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