General Comments A sell-off in grain and soy markets after the recent big rally has been overdue, and a "Turnaround Tuesday" was the perfect opportunity for it. Grains were under selling pressure early and never traded as high as yesterday's closes. Soybeans opened a little higher and traded as much as 5 cents higher before the downward pressure from the grains took it into the red, where they stayed. Soymeal and oil also traded higher before heading south. Some traders were buying soyoil and selling meal to unwind spreads put on when strong soymeal demand supported crush margins.Although wheat, corn and the complex all finished with big losses, trading volume was actually rather light. Much of the selling came from non-commercials exiti...
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.
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...