THE OPEN July beans: 1/2 lower July meal: .80 higher July soyoil: 3 lower July corn: 4 1/2 lower July wheat: 8 1/4 lower Prices opened on a mixed note but the soy complex was in recovery mode vs. grains from the start of the trading session. Beans were only slightly lower though Beijing reportedly ordered state-owned traders Cofco and Sinograin to suspend purchases of US farm goods, including beans and pork. Private buyers are still allowed to purchase from the US. At 10:00 export inspections were as follows: beans: 396,387 mt vs. 342,571 mt week ago (vs. expectations for 470,000 mt) corn: 1,128,091 mt vs. 1,097,249 mt week ago (vs. expectations for 1.0 mt) wheat:&...
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.