The CBOT traded higher overnight with wheat and soybeans leading the way. Concerns about low-quality wheat in Europe fueled a rally in the Paris market that helped CBOT wheat firm as well. Increasing heat and dryness is forecast for the U.S. and Russia, causing additional production concerns for those regions. The day session saw a continuation of the overnight strength with spring wheat and canola futures rallying again on hot, dry weather for the U.S. and Canadian Plains/Prairies. The canola rally and shifting forecasts for the U.S. soybean-producing region sparked a rally in the soy complex. Corn was the weaker market on Friday, as it has frequently been in recent days, settling lower with bear spreading from soybeans and wheat.&n...
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.