The CBOT found continued selling from Tuesday’s market implosion with corn and SRW wheat seeing the brunt of the pressure. Corn futures settled lower amid continued forecasts of Midwest rains and the December contract completely erased its post-Acreage and Grain Stocks report gains. The soy complex traded slightly higher with soyoil leading the way, but the day’s price action left little to note on the charts. There is a growing feeling that this week’s weakness has flushed out most of weak longs (and plenty of strong longs as well) from the market, which should create more sideways trade as traders prepare for the USDA’s July WASDE on Monday. The two-day break in corn futures has seen end-users extending cove...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.