THE OPEN July beans: 4 3/4 higher July meal: .80 higher July soyoil: 25 higher July corn: 1/4 higher July wheat: 2 3/4 lower The markets opened as called but turned two-sided after the initial strength led by weaker wheat and meal. Oilshare traded higher with soyoil once again making new highs for the move up. Since it's Friday, one did see a mixture of profit-taking in wheat and beans, with short-covering in corn on the back of higher crude. Corn and soyoil remained the key beneficiaries of a higher energies market. Buy corn/sell wheat and bean spread trade was the key feature. Further buy-stops were triggered for corn and beans, while sell-stops hit the wheat market. &...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.