The CBOT was mostly steady on Monday following Friday’s volatile reaction to the September WASDE. Corn, soybeans, and SRW wheat were all lower but traded benign days on their charts from a technical standpoint. Export potential is once again under duress from Tropical Storm Nicholas, which hit the Texas Gulf this morning. Overall, the CBOT adopted a patient, slightly weaker tone as traders and analyst evaluate U.S. yields and export demand. In contrast to the CBOT’s stability, the CME (i.e., livestock) markets collapsed today with cattle leading the way after a fire broke out at a Nebraska packing plant. Looking forward, WPI expects the CBOT to turn sideways heading into harvest. This is the wrong time, seasonally, for th...
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...
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.