After higher closes overnight (except soymeal), markets showed follow-through and opened higher this morning (except soymeal). While corn, wheat, and soyoil maintained gains into the close, soybeans and soymeal could not follow the pack. Wheat was the clear leader today, boosted by reports of production cuts in Canada and France contrasting with several tenders by buyers. Support under corn must reconcile potentially lower demand from China offset by plausibly lower yields in the U.S. crop currently beginning harvest. Early reports of disappointing yields are not an ordained outcome, but crops are ahead in maturity and lacked the moisture usually needed to have a bumper crop. The U.S. weather outlook remains warm and dry, perfect for...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.