Wheat: Net sales of 244,800 metric tons for 2019/2020 were down 48 percent from the previous week and 15 percent from the prior 4-week average. Corn: Net sales of 774,600 MT for 2019/2020 were down 43 percent from the previous week and 36 percent from the prior 4-week average. Soybeans: Net sales of 653,100 MT for 2019/2020 were down 39 percent from the previous week, but up 19 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 131,400 MT for 2019/2020 were down 20 percent from the previous week and 15 percent from the prior 4-week average. Soybean Oil: Net sales of 18,900 MT for 2019/2020 primarily for Algeria (15,500 MT, including 15,000 switched from unkn...
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.