The CBOT continues to settle into trading ranges ahead of the March Prospective Plantings and Grain Stocks reports, which will determine much of the trading direction for both old-crop and new-crop futures. A second day of Chinese corn purchases pushed corn futures higher while the soy complex continues to weaken on profit taking in soyoil and a weaker technical outlook. Notably, however, end-users continue to buy breaks below $400 in soymeal, which is pushing that market towards a sideways trading range. Funds were net buyers in corn today while being modest net sellers in the soy complex. Wheat futures continue to grind lower, but the KC market is approaching key support points where buying interest is picking up. WPI favors a bull...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.