GOOD MORNING, The markets broke heavily on Monday and are attempting a recovery trade today. The only question would be is this a dead-cat bounce after yesterday's aggressive selling? Many weaker longs were stopped out, and that could be the theme of December, where more traders may decide to cash out on a 20c gain in corn and a $1.00 move in beans. Funds on Monday sold 13,000 wheat contracts, 27,000 corn, 17,000 beans, 5000 meal, and 7,000 soyoil. COT positions are below but, with Monday's activity they may now be long an estimated 8K wheat contracts, 257K corn, 200K beans, 74K meal, and 108K soyoil. Bean planting is nearly complete in Brazil, and about half done in Argentina. Better chances for...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.