The CBOT was mostly higher for the day with corn and wheat finding small gains on light buying interest while soybeans jumped higher on export demand and a rally in soyoil. Soyoil futures were nearly 3 percent higher for the day with noted bull spreading in a likely sign of commercial demand. Fresh fundamental news was light for the day beyond the Export Inspections and Crop Progress data, and traders continue to position for Wednesday’s WASDE report. USDA is expected to leave its U.S. corn supply and demand estimates mostly unchanged from October while analysts are more concerned about possible yield, production, and ending stocks cuts for soybeans. A smaller soybean crop is all the more significant with weather challenges persisting...
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.
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the charge, outside markets are becoming more supportive, and geopolitical and weather risks are once again demanding attention. Does that mean the...
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While cover crops do not provide immediate revenue, their long-term benefits include improved nutrient retention, water management, and soil produc...
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and corn consumption for 2025/26 and early 2026/27. The EIA reported that ethanol production fell 4.8 percent for the week ending 10 July...