CBOT futures shrugged off yesterday’s macro-market selloff overnight and traded higher with corn extending gains into the open chart gap. The day session saw continued strength with traders focused on the latest Crop Progress data and the U.S. weather outlook. Funds were net buyers for the day, securing 5,000 contracts of wheat, 10,000 contracts of corn, and 8,000 contracts of soybeans. U.S. weather forecasts are still trending hot and dry for the PNW, northern Plains, and the western Corn Belt in the latest model runs. Monsoonal moisture through the southwest is pushing the high-pressure ridge eastward into the Corn Belt, creating unfavorable conditions for corn and soybean yield determination. The 7-day cumulative precipitation for...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.