After sharp losses earlier in the week, the market turned around today for everything but July corn. Egypt’s GASC paid a record sum for wheat, indicating prices will remain elevated and enabling a push higher today for futures. Ukraine says it continues to work with the UN and others to export its grain via the Black Sea, but the prospects seem bleak. Today’s gains do not come close to erasing the even sharper losses of the two earlier trading sessions. July corn has now scored losses in three straight sessions, though there were gains today in the deferred. The July contract was beaten down as funds reversed an earlier long corn/short soybean position. However, demand remains strong and therefore so does basis, making o...
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
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.