Welcome to summer 2021! For weeks now, the CBOT has been trading as if it were summer and weather the paramount factor, but yesterday marked the true official start of summer for the northern hemisphere. If history is any gauge, this summer will feature ample volatility and WPI maintains a bullish outlook for the markets. The CBOT opened weaker overnight after meaningful rains developed for Iowa, Illinois, and parts of Indiana over the weekend. The one-month forecast features rain and cooler temperatures for the major crop-growing regions, but confidence is low beyond two weeks and a switch to hot, dry weather is not unlikely. Bull spreading became a feature of the soybean and corn markets this afternoon with physical demand and expo...
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.