Overnight trade in grain and soy futures featured higher prices and modest volume. Soybeans were the leader with the November contract up about 7.5 cents. The grains were higher but more timidly so. Chicago wheat was up about 4 cents, and corn’s gains were limited to fractions. Trading volume was also limited during the day session. Soybeans continued to trade green numbers based on short covering and technical considerations with November trading above $8.50 resistance. As the day session ended, however, the best soybeans could do was to close with November exactly at $8.50, a 4.25 cent gain. We suppose this can be viewed as a technical draw. Soy products were firm with meal $0.80-1.70 higher and soyoil up 11-15 points. Wheat future...
Markets have no shortage of headlines today, but the reaction depends on what sits underneath them. Strong economic growth comes with renewed inflation pressure. Higher crude inventories do little to solve tight diesel supplies. Rain is delaying one crop while helping another, and trade expecta...
Key Takeaways: China has made significant progress toward corn self-sufficiency, with production projected to reach a record 307.0 MMT in 2026/27 while imports have fallen sharply from their 29.5 MMT peak in 2020/21. Strengthening food security has become an important priority for China, with...
Russian Grain Markets: 14–18 September 2026 The Russian grain market remained bearish during the second week of September, although the market is attempting to establish a bottom as trading is now dominated by new-crop supplies. Logistics remain a major factor. Farms and traders located b...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.