The CBOT traded mostly lower for the day in low-volume, but corn and wheat rallied at the day’s end to post small gains. The soy complex remained under pressure for most of the day, except for the fact soyoil pushed higher amid support from palm oil and crude oil futures. Weekend rains in Argentina and Brazil along with forecasts for heavy rain in central Argentina next week, pressured the markets to start the week. Funds are thought to have been modest net sellers in wheat, sold 9,000 contracts of soybeans, and ended the day flat corn. Spreads were weaker in soybeans and soymeal, a sign that commercials are starting to sell the rally more aggressively. Bayer Crop Sciences (the company that bought Monsanto) announced force maje...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.