Wheat, corn and soyoil all fell to new lows for the month. The day session at least had USDA's weekly export sales report to trade on, although how much influence it actually had is debatable. General Comments Grain and soy markets were lower again overnight with the exception of soymeal, which benefitted from more unwinding of long soyoil/short meal spreads put on when traders were bullish on oil's share of the crush. Wheat, corn and soyoil all fell to new lows for the month. The day session at least had USDA's weekly export sales report to trade on, although how much influence it actually had is debatable. Also, the U.S. dollar roared higher once again, but the wheat market, typically most affected by its ups and downs, ignored that tod...
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.