GOOD MORNING, The markets are breaking down to new lows as rains spread across Argentina and funds begin to tire of markets that fail on higher trends. Prices chop back and forth each day, while stronger nearby futures invite more bull-spread activity. The bean and corn basis remains steady to higher, as is soyoil basis. Wheat finds demand on lower prices. Technically prices remain on the defensive after a lack of upside follow-through. Russia's SovEcon increased their wheat production forecast by 3.0 mmt, as more rains traveragerse the HRW areas. Corn trade cannot go higher despite more Chinese business being transacted due to the weight of the rest of the board. Nearby bull spreads...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.