THE OPEN January beans: 7 lower December meal: 1.80 higher December soyoil: 33 lower December corn: 4 3/4 lower December wheat: 1 3/4 lower With funds long across the board, it continued to be a quiet risk-off day with short-term traders covering wheat shorts, while liquidating further length elsewhere. The market put in a surprisingly strong meal open, which helped to support Jan bean lows. Strong wheat and meal prices at the open stemmed the flow of liquidation as traders take off risk in front of election day tomorrow. At 10:00 export inspections were released as follows: Beans: 2,082,741 mt vs. 2.818,734 mt Corn: 721,634 mt vs. 680,823 mt Wheat: ...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.