Wheat: Net sales reductions of 33,300 metric tons (MT) for 2020/2021 were down noticeably from the previous week and from the prior 4-week average. Corn: Net sales of 531,100 MT for 2020/2021 were down 5 percent from the previous week, but up noticeably from the prior 4-week average. Soybeans: Net sales of 17,800 MT for 2020/2021 were down 68 percent from the previous week and 82 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 217,700 MT for 2020/2021 were up 10 percent from the previous week and 31 percent from the prior 4-week average. Soybean Oil: Net sales of 1,000 MT for 2020/2021 were down 41 percent from the previous week, but unchanged from the prior 4-week ave...
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.
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...