GOOD MORNING, Prices are lower on the back of good weather and continued worries over China/US trade relations. Nearby bean and corn spreads remain well bid, though the domestic bean basis has weakened somewhat. Oilshare trades lower on the back of weaker energies and palm. We are approaching the end of the month, which brings with it more acreage and stock estimates in front of the June report next Tuesday at 11:00. On its own, weather remains for the most part bearish, offering up just enough for the bears to claim victory. In the corn camp, there are still plenty of bears around without much reason to cover until charts cross key resistance lines. Beans continue to see bull-spreads firm on the back...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...