The wheat market was the loss leader again with old crop contracts of Chicago and KC wheat falling 11-12 cents to the lowest level in about five weeks. There was some selling of corn and wheat near the close by index funds as they rebalance. General Comments After today, only one-and-a-half days of trading remain before the important reports from USDA are released mid-session next Monday. Traders seem to be casting votes in favor of bearish reports as grain prices worked their way lower again, and today they were joined by soybean prices as well. The weakness of soybeans is notable, given that last week's soybean export sales volume was surprisingly large and especially considering it was a holiday week. Soybean futures dropped about 8 ce...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.