The CBOT was mixed in low-volume trade with corn and soybeans turning lower while wheat traded a volatile day and ended slightly higher. Energy markets were weaker, which pressured soyoil and soybeans, but commercial users took the recent break in soymeal to book physical needs. The October WASDE is coming next week, and there was an air of pre-report positioning in today’s trade. The October report will feature the first yield report largely derived from actual harvest data and, as such, often sets the market’s tone heading into winter. Funds are thought to have sold some 8,000 contracts of corn and 5,000 contracts of soybeans while adding 7,000 contracts to their wheat longs. Funds were largely spreading soyoil/soymeal,...
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
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.