GOOD MORNING Prices are lower on profit-taking heading into the Thanksgiving holiday, even though good demand and adverse weather continues. As to demand; corn exports are ahead of last year's pace by 143 mln bu vs. 132 mln bu week ago, with beans ahead by 368 mln bu vs. 358 week ago. Wheat continues to struggle on rallies with Russia's world wheat values falling as demand slows, and wheat exports just slightly ahead of last year as compared to corn or beans. Matif wheat and corn values are lower this morning. Funds are now long an estimated 300K contracts of corn, 250K beans, and even wheat, and length is creating today's down-draft. Each of the markets need some sort of pullback, particularly beans a...
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.