GOOD MORNING, Prices were stronger with beans rallying higher as more rumors of Chinese business hit the wires. The outlook for China's bean and corn imports continues to be friendly for prices, particularly since China's production outlook was lowered due to multiple typhoons impacting corn. Tender business remains very active for wheat. Funds continue to buy market pullbacks on continued signs of good demand. Higher crude, falling NOPA stocks to a nine-year low, and firm world oil values continues to support soyoil futures and oilshare. Harvest results are gradually coming in and more results will circulate as it proceeds. With a harvest weekend on the way, it could portend more of a two-s...
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.