General Comments There were two bullish factors in today's markets: USDA announced another major round of corn and soybean export sales to China and "unknown" destinations. The International Grains Council (IGC) reduced South American soybean production and wheat production from itsprevious forecast. Additionally, Monday is the first notice day for delivery against the May futures contracts, and no soybeans, soybean meal or corn is expected to be delivered. The outside market factors were also slightly supportive with crude a bit higher, the dollar a bit lower and financial markets steady to higher. Soy Complex FUTURES USDA announced the sale of 110,000 MT of new crop soybean sales to China and 116,000 MT of new crop sales to "unkn...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
What You Need to Know Today: Corn and soybeans were under heavy selling pressure as weaker (or at least as-expected) export demand runs into an accelerating harvest pace with more grain available in the spot market. Corn and soybean harvest progress remains below average across the U.S., espec...
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.