GOOD MORNING. Prices are mixed heading into the report. Wheat prices are higher against the other markets, having the least length. Technically speaking, the wheat chart continued to congest right under key resistance before heading over. Black Sea premiums continue to rise as farmers are not selling, more talk of possible export restrictions in Russia, La Nina talk in Australia, and possible weekend frost in Argentina triggered the higher trade. December soyoil is now the weakest chart with prices on the lows against a meal market that while soft, still is in the upper end of its range. And while beans have backed away from their contract highs, they still remain perched above key support lows. The Sep 30 st...
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.