April 10, 2025 Newswires

The Seam Chairman, CEO Named to St. Louis Fed’s Agribusiness Industry Council

Business Wire

MEMPHIS, Tenn.--(BUSINESS WIRE)--
The Seam, a leading provider of food and agribusiness software and commodity trading solutions, today announced that its Chairman and CEO Mark Pryor has been appointed to the Agribusiness Industry Council of the Federal Reserve Bank of St. Louis. In this role, he will contribute expertise and leadership to important discussions concerning the agribusiness sector.

The St. Louis Fed established its District Industry Councils in 2006 to gather insights on economic conditions across key industry sectors. The Agribusiness Industry Council, supported by the Fed’s Little Rock, Arkansas, branch, provides valuable input on agriculture and related industries. Pryor’s participation will help ensure that the perspectives of agribusiness leaders – along with economic data from the Federal Reserve Board’s Beige Book and insights from the Reserve Bank’s board of directors – are represented in national monetary policy discussions.

As a tenured professional with a proven track record of success in agribusiness, Pryor’s strategic vision and industry knowledge will be instrumental in driving the council's efforts to promote growth, innovation, and sustainability within the agribusiness community.

“It’s an honor to serve on the Agribusiness Industry Council and contribute to discussions that impact our industry and the broader economy,” said Pryor. “At The Seam, we are deeply committed to innovation and efficiency in agribusiness, and I look forward to sharing insights that support the sector’s growth and sustainability.”

Each of the four District Industry Councils meets twice a year and is dedicated to a specific sector: real estate (St. Louis), agribusiness (Little Rock), health care (Louisville), and transportation (Memphis). For more information, click here.

About The Seam

Based in Memphis, Tennessee, The Seam was founded by leading global agribusiness companies and specializes in food and agriculture software solutions and commodity trading. In December 2000, it began operating the world's first online exchange for cotton trading. Since that time, the company has leveraged its trading, food and agriculture technology expertise to expand software services into other crops, including peanuts, soybeans, grains, and dairy. As a proven leader in food, agriculture, trading and sustainability, The Seam has cleared or processed over $10 billion through its platforms. For more information, visit www.theseam.com.

About Federal Reserve Bank of St. Louis

With branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, southern Illinois, southern Indiana, western Kentucky, northern Mississippi, eastern Missouri and western Tennessee. The St. Louis Fed is among 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., compose the Federal Reserve System. As the nation’s central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, provides payment services to financial institutions and the U.S. government, and promotes community development and financial education.