The CBOT was mostly higher following yesterday’s fundamental reports with corn and soybeans leading the way. Wheat saw surprisingly little follow-through buying despite its bullish fundamentals, but WPI suspects trading range lows have been made. The U.S. weather forecast is shifting to favor hot weather for more of the northern U.S. (across the Plains, Upper Midwest, and into the East Coast) in the next two weeks, which comes as corn in the region will be reaching peak pollination. Precipitation remains ample for the Corn Belt this week but turns much drier thereafter. The 6-10-day outlook includes monsoonal moisture into the southwest and southern Plains, offering some drought relief for the former region. Funds were net buye...
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.