Note: There will be no Technical Perspectives reports tomorrow, 24 December. GOOD MORNING, Prices are higher again this morning, reaching new contract highs for corn, beans, meal, and soyoil. Bull spreads remain firm. La Nina has a hold on southern Brazil and Argentina, and prices will remain on edge until the rains fall. Trading ranges notch higher, and before we know it, the all-important January WASDE and its final numbers will be here. USDA will most likely have to adjust their demand numbers on this one. If rains fall and the Argentine strike ends, prices will retreat. But it seems like there is a lot of work to do before then. The corn and bean basis remains firm, with cash corn featu...
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
Illuminating the value of technical research
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