After several days of closing lower it was an upside day for everything but lean hogs. Yesterday’s selloff and a long stream of red led to an oversold situation that was bound for a rebound. The macros are known but now it is a battle for the minds. For the funds, larger crops are in the offing. For farmers, the promise and experience has been higher prices. Farmers are sitting on the sidelines holding onto product in what is a volatile market situation. Before they give up their precious possession, they want more confidence in the situation. After all, last year at this time also foresaw large impending South American crops and those that sold received $10 on soybeans and $6 on wheat, crops that eventually worked much higher. Some...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.