While outside financial markets worked at reversing last week’s plunge into bear territory, agricultural commodity markets started the shortened trading week with their own bearish tone. Corn, wheat, and the soy complex all traded lower. There was above recent average trading volume pushing corn and wheat lower. This morning’s USDA export inspections report for last week included 427,344 MT of soybeans (middle of pre-report estimate), 331,328MT of wheat (low end) and 1,184,268 MT of corn (upper end of expectations). Late this afternoon, USDA’s weekly Crop Condition report matched market expectations for corn but dinged soybeans slightly more. Corn in Good/Excellent condition fell two points from a week ago to a tota...
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
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.