THE OPEN November beans: 6 1/2 higher December meal: .10 higher December soyoil: 59 higher December corn: 3/4 higher December wheat: 1/2 higher The key feature of the morning was that of continued higher oilshare, as meal prices turned red and soyoil prices sprinted to new trading range highs. Wheat prices were mixed at the open, but once again found buying interest at key moving averages. Strong Chinese markets underpinned US markets at the open, as funds were noted buyers. At 10:00 export inspections are as follows: beans: 1.283,936 mt vs. 1,396,077 week ago. (vs. an expected 1,050,000 mt) corn: 878,907 mt vs. 887,889 mt week ago (vs. an expected 700,000 mt)...
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
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.