N2O is a common compound more popularly known as _______...
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Grain Market Insight
Morning Grain Comments 4-1-2026 – No foolin, the grains opened steady to a little better last evening and traded higher for a time but by mid-session the grains were all solidly lower with wheat leading the way being down double-digits. The StoneX Quick Editorial (QE) this morning stated, “the grains opened higher last night but quickly shut down the post-USDA rally; soybean and wheat acreage numbers were bearish but the reports mostly showed well-stocked S&D’s heading into the 2026 growing season and optimism for planting despite relatively low prices and high costs…” The trade volume continued higher than average with May corn the volume leader followed at a distance by Chicago May wheat, May soybean oil, and July corn. In world grain trade news, Jordan purchase 2.2 million bushels of optional origin milling wheat in their tender for twice that amount and have tendered again for the same amount, MFG in South Korea purchased 50,000 tonnes of soybean meal in a private trade in South America, and Tunisia purchased 3.7 million bushels of soft milling wheat from Bulgaria. At the end of the night session at 7:45 this morning, May Kansas City wheat was 13.25 cents lower, Chicago May corn was down 5 cents, and Chicago May soybeans were 8 cents lower. Have a wonderful day.
Afternoon Grain Comments 3-31-2026 – The stocks and acreage report this morning showed corn stocks in the middle of the trade range but well above year ago levels at just over 9 billion bushels. The soybean stocks were near the upper end of the trade estimates and nearly 200 million bushels above a year ago. Wheat stocks were near the average of the trade estimates and 63 million bushels above stocks one year ago. The planting estimates showed more corn acres and less soybean acres with wheat acres down from last year. StoneX noted that if the 43.8 million acres of wheat is realized that would be the fewest wheat acres since records began in 1919. StoneX called the corn US acreage “the most average of average outcomes” to typify the report. The stocks showed more feed use of corn over the last quarter on top of the export sales which is needed as we have plenty of supply. For soybeans, trend yield with the acres projected should keep supplies sufficient to keep carryout next year from being too tight but StoneX commented that a 1.5 bushel/acre yield loss will turn the carryout tight. There wasn’t much to report on wheat as it was “as expected” and supplies are adequate until we have some significant production issues somewhere in the world. At the close today cash wheat ended the day a dime higher, corn and milo were 2 cents higher, and soybeans ended the day up 11 cents. For the month, wheat was 65 cents higher, corn and milo ended 9 cents higher, and soybeans ended even with the price at the end of February. Have a great evening.
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January 19 Another snow, maybe 1.5 to 2 inches received in Sublette.
January 9, 2026 A snow during the day and into the evening gave us about 5 inches of snow.
December 28 A late morning snowshower lasted about an hour with no accumulation.
November 23 An afternoon thunderstorm gave us 0.25 inch of rain in Sublette.
November 20 & 21 The rain started late morning and into the night and early morning hours of Friday giving us 0.9 inch of rain in Sublette.October 28 Early morning rain showers gave us another 0.3 to 0.4 inch of rain in Sublette.
October 25 A day of light rain gave us about 0.4 inch in Sublette.
October 14 We had a little rain shower in the afternoon of the 13th in Sublette and rain in the early morning hours of Tuesday but only a little rain in the gage, well below 0.1 inch with a foggy morning.
September 19 A rain shower mid-morning gave us 0.1 inch in Sublette.?
September 18 Another early morning rain gave us another 0.4 inch in Sublette.
