The CBOT formed a Turnaround Tuesday with sharply higher energy prices supporting a bullish technical breakout for soyoil and pulled soybeans higher. The oilseed market put in a reversal on the charts due to support from soyoil and canola, support that looks to continue going forward. Corn and wheat futures were lower amid profit taking and some bear spreading from the soybean market. Funds were net buyers in soybeans and soyoil while remaining modest sellers in corn and wheat. China will be returning from its Golden Week holiday tomorrow (Wednesday) evening (Thursday morning in China) and the CBOT will be eagerly watching to see if the Middle Kingdom will secure U.S. ag commodities again. WPI estimates China is still open for 45 per...
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
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.