What year did the U.S. set its record high level of finished motor gasoline consumption, at 392 million gallons per day?
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Grain Market Insight
Morning Grain Comments 10-2-2026 – The grains opened the night session steady to lower with corn and wheat having a two-sided night session but November soybeans left the smallest gap it could and traded double-digits lower during the session as all of the grains ended the session below Thursday’s closes. The StoneX Quick Editorial this morning stated, “volume remains slow heading into the weekend with corn licking its USDA stocks wounds; if traditional harvest pressure is any factor, it should weigh heavily starting next week as a delayed harvest explodes…” With all of the rain, grain operations will be closed for the weekend. In world grain trade news, Tunisia purchased 3.7 million bushels of durum in their most recent tender. At the end of the night session at 7:45 this morning Kansas City December wheat was 0.25 cent lower, Chicago December corn was down 2.75 cents, and Chicago November soybeans were 7 cents lower. Have a wonderful day and weekend.
Afternoon Grain Comments 10-1-2026 – Corn was mostly quiet today. The StoneX Market Intelligence (MI) said the corn buyers are “shuffling from hopeful event to hopeful event” and so far they are 0 for 2 in getting a lift from the numbers. Analysts are still chewing on the bigger leftover corn supply from yesterday, and some think the USDA simply got it wrong. Export sales were also poor. The trade expected between half a million and 1.3 million metric tons and the USDA reported only about half a million, compared to 1.5 million at this time last year. We are only four weeks into the marketing year, but sales are 8.4 million metric tons behind last year, and the pace looks more like a 3 billion bushel export year than the 3.275 billion the USDA is forecasting. StoneX has the national yield at 182.1 bushels per acre, well above the 173.2 from Pro Farmer, and more private surveys will come out before the big USDA supply and production numbers next Friday, the 9th. Beans were lower as weak charts, good yield hopes and open harvest weather outweighed a slightly tighter supply picture. StoneX has the US soybean crop at 54.1 bushels per acre, which is 1.3 above the USDA. Wheat was less weighed down thanks to the small bounce in corn. MI said wheat “continues to be a matter of perception” on how the Russia-Ukraine war is going. The drought got worse in Texas and areas east last week, while the western Southern Plains got some rain. Rain is in the forecast for the Southern Plains over the next 10 days, which should help the dry spots in the winter wheat country. Export business is slow. The US has sold only 46% of what the USDA expects to export compared to 56% at this point last year. At the close today, cash corn was up a penny , cash wheat was up 4 cents, and cash beans were down 9 cents. Have a great rest of your evening.
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October 1 Rain starting in the afternoon put 2.3 inches of rain in the gage by 4:30 with rain still coming down.
September 29 & 30 A morning rain starting around 8:30 on Tuesday gave us 0.1 inch of rain in Sublette, another 0.1 inch in the early evening, then the rain started again around 7:00 p.m. with another 1.25 inch overnight to 6:30 on Wednesday morning for about 1.45 inches and another 0.4 inch by 10:00, and another 0.2 by noon for a total of 2 inches.
September 25 A rain that started late morning and rained into the afternoon gave us another 0.2 inch in Sublette.
September 24 A rain shower gave us another 0.1 to 0.2 inch of rain in Sublette.?
September 23 Rains during the day gave us 0.25 to 0.3 inch of rain in Sublette.
September 21 A rain in the morning gave us 1.4 inches of rain in Sublette.?
September 19 / 20 Another overnight rain shower gave us another 0.1 inch of rain in Sublette.?
September 14 / 15 An overnight rain shower gave us another 0.1 inch of rain in Sublette.
September 10 A little rain shower in the early morning hours gave us about 0.1 inch of rain in Sublette.
September 4 & 5 A rain that started at about 7:45 Friday evening and lasted until about 3:00 Saturday morning gave us between 0.5 and 0.8 inch of rain in Sublette.?