The CBOT was mixed in quiet, two-sided trade at mid-week. Corn and wheat futures managed to post slight gains after trading both in the green and red while soybeans sank 13 cents lower amid profit taking and some position liquidation. Farm sales of the new corn and soybean crops remains light, but WPI sources indicate it is occurring and will likely increase soon. This, combined with the navigation issues in the Mississippi River are pushing basis lower, which will weigh on futures. Overall, however, the CBOT’s attitude seemed to be that of minor position adjustment and generally biding time ahead of next week’s October WASDE. The drought in Argentina continues to work against the country’s wheat crop and WPI now ex...
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...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
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.