THE OPEN November beans: 14 1/4 higher December meal; 5.50 higher December soyoil: 56 higher December corn: 4 1/4 higher December wheat: 4 higher The markets opened as expected with quick gains as funds came out as buyers once again. All markets placed new trading range highs with the exception of soyoil. December wheat prices traded over the $6.00 level, a break-out on the charts to the upside that led to buying activity in the other markets as well. Spreads tightened as order flow was noted for the front months. Harvest continues but there is also the need to the refill pipelines to accommodate a vibrant export market. SOY The bean market closed on a technical note...
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.