Note: The CBOT/CME markets are closed Monday, 5 July 2021 for the U.S. Independence Day holiday. CBOT trade was expectedly quiet heading into the long U.S. holiday weekend and ended mixed for the day. Corn settled lower with profit taking and more renewable fuels policy drama while soybeans settled higher with strength from new contract highs in canola oil. Wheat futures finally seemed to decouple from the corn market and trade their own fundamentals, which meant lower trade to end the week. The D.C. District Court overturned a Trump-era rule that allowed E15 gasoline sales year-round in the U.S. The ruling is bearish ethanol consumption and corn use by the industry and revives concerns the refining industry is renewing effort...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.