Numerous soybean crush plants are being proposed nationwide, including the proposed plants in Spiritwood and Casselton, North Dakota. During a U.S. Soybean Export Council market outlook briefing, USSEC Vice President of Market Intelligence Mac Marshall credits the development of the renewable diesel market. Marshall is excited to see the “uncommon partnerships between the petroleum fossil fuel-based energy space and the crush world of the oilseed processing space.” That includes the collaboration between ADM and Marathon Oil in Spiritwood. Policy changes have favored the development of the renewable diesel market, but Marshall is more excited to see the private sector investment in soybean crushing.
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