Very few people, other than apparently some in the grain trade, trust Vladimir Putin. The continued belief that he will allow grain to begin flowing out of Ukrainian ports, and presumably the West will lift sanctions as the qui pro quo, led a bloodbath not in Ukraine but in the futures market. Led by wheat, the rest of the commodity market followed. Corn and wheat had been down in the overnight session, but the soy complex was firm and closed out higher. Soyoil and soymeal started the morning session looking to keep the overnight gains but eventually they too succumbed to the market’s sudden bearish mood. USDA’s export inspections report carried no surprise. Corn and wheat inspections were at the upper level...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.