THE OPEN May beans: 4 1/2 lower May meal: 4.50 lower May soyoil: 12 higher May corn: 5 1/2 lower May wheat: 1 1/4 lower Prices opened as expected but turned softer as the US dollar gained in strength. Beans and meal dropped lower against higher soyoil, pushing oilshare higher again. Soyoil prices quickly rebounded off session lows. A sense that higher acreage forecasts could be coming created a market flush of length as funds were noted taking risk-off in front of Wed. report. At 10:00 export inspections were as follows: beans: 425,364 mt vs. 495,329 mt week ago (vs. an expected 362,500 mt) corn: 1.695,215 mt vs. 2,017,525 mt week ago (vs. an expected 1,725,000...
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.