The CBOT was sharply higher on Wednesday with the July grain contracts officially rolling off the board. Twenty-six contracts of July corn were traded this afternoon and the market rose 6 cents before its expiration. July soybeans traded 29 contracts and settled 29¾ cents higher before expiring. The strength of July futures during their delivery month highlights the strength of the underlying cash markets and should serve to guide deferred futures going forward. The ongoing Canadian and U.S. PNW/northern Plains drought continues to support the CBOT trade with nearly every major market trading higher on Wednesday. Afternoon weather models show decreasing rains for the central U.S. in the coming weeks, with no change in th...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.