Funds followed strong technical indicators in December corn and November soybeans and pushed those contracts to new highs on Monday. Old crop corn and soybeans found similar strength with processors and end-users increasingly concerned about the ability to procure physical grain this summer. Wheat followed corn to the upside but traded a generally quiet day. Monday saw funds take profits in soyoil and reverse long soyoil/short soymeal spreads. That trade action boosted soymeal, along with a modest dose of end-user buying with prices near trading range lows. WPI hears U.S. farmers were more active hedgers in new crop corn and soybeans amid Monday’s rallies. Production margins are among the best in the past 20 years with De...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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
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.