GOOD MORNING, Trading ranges for heading into the December 10 WASDE report at 11:00 central time. Prices bounce as traders are expecting the trend of smaller carry-outs and smaller stocks to continue, but those small rallies now seem to be met with selling interest. New shorts are now entering at current tops. US farmers are said to have been good sellers of beans, while perhaps being around 60-65% sold in corn, returning as better sellers after the first of the year. December offers up choppy trading as a theme and does not disappoint. As to the report on Thursday, there are expectations that carry-out numbers could tighten further. Some expected trade ideas are that corn carryout may fall to 1.5...
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...
From WPI Consulting
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.