GOOD MORNING, Prices are mixed this morning with wheat futures setting new highs again this morning while meal corrects to the downside against soyoil. Wheat is higher on rising domestic Russian prices and adverse Black Sea weather. Beans have been mixed with China on holiday and better rainfall noted for dry Brazilian areas over the weekend. Corn prices are steady following wheat. All markets seem to be getting a lift from reports that President Trump is doing well. Price action will be dominated as we go through the week by guesses in front of the October USDA report this Friday at 11:00 central time. StoneX forecast corn yield at 179.0 bpa, with a 14.94 bln bu crop. Linn and Associ...
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.
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...