Yesterday’s CBOT selloff was overdone, and traders went to work Friday to correct that error. WPI remains bullish CBOT commodities, especially after recent conversations with clients and cash-market connected sources. Our research and client observations indicate the 2021 drought/weather concerns are far from over. Additionally, yesterday’s selloff sparked strong international demand interest with China emerging as a new crop soybean buyer. USDA did not report any daily “flash” export sales, but cash market sources say China booked as many as eight fall cargoes from the U.S. The weekend U.S. weather will be key for next week’s trade and markets are apt to be volatile Sunday night. WPI sources say conditions in...
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.
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...