Quarterly Summary Surge in March Trading Volume Concludes Brisk Q1 Agricultural futures trading activity on the Dalian Commodity Exchange kicked into high gear following the February holidays resulting in a solid first quarter to start 2021. The ten agricultural categories had a combined monthly volume of nearly 126.43 million lots, up almost 71 percent from February and nearly 5 percent from a year ago. Soymeal futures, which accounted for roughly 34 percent of total traded volume, saw an increase of almost 50 percent from February and more than 6 percent from a year ago. Soyoil with its record level prices saw its trading volume account for just under 19 percent of the monthly total for the ten agricultural categories. Acros...
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...