GOOD MORNING, Prices are lower this morning after President Trump said he would halt special status for China's handling of Hong Kong. Reportedly, China's communist gov. has asked state run firms to halt their purchases of US beans and pork, and could expand the list of goods if the Trump administration takes further action. The response from the market was to be lower across the board. China did buy at least 10 cargoes of soybeans out of South America last week even though US prices were cheaper. OPEC is trying to convince Russia to make further cuts to oil production, which could have been a stabilizing factor for overnight trade. However, around the 7:00 AM hour futures started to sell-off further in...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.