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Grain Market Insight
Afternoon Grain Comments 2-6-2026 – The StoneX comment this afternoon was “corn was led around by the soybean futures market again” and that was the case, except that they didn’t follow too well. It seems that soybeans need to buy acres for planting this spring and the trade moved that spread this week. This run up is all attributable to the rumors of more soybean business with China so if that talk turns the other way or the winds shift, hang on because it might get a little bumpy going back the other way. We have the WASDE to look forward to Tuesday, so we will see if we can get a bounce from numbers there. The wheat market continues to be a victim of ample world supplies and demand that does not look like it will use up that supply soon enough. At the close today cash wheat was 8 cents lower, corn and milo were a nickel lower, and soybeans were 3 cents higher. For the week, wheat was down 14 cents, corn and milo were down 2 cents, and soybeans were up 51 cents. Have a great weekend.
Morning Grain Comments 2-6-2026 – The grains opened the night session last evening lower in another session of higher than average trade volume with March soybeans by far the volume leader. Wheat and soybeans each had a two-sided night session but corn was steady to lower throughout the session. The StoneX Quick Editorial (QE) this morning stated; "beans dipped on the open last night but the bulls again regained momentum this morning, carving out fresh two-month highs; the trade will be very interested to see what kind of fund buying has fueled this move (after the gov’t shutdown run), though today’s CFTC still won’t show it...” The trade will continue to try to figure out the soybean production in South America to see how that will impact world prices and as the reports continue to come in, there is a tendency for big crops to get bigger. We will see if the rally continues. Remember, the February WASDE is scheduled to be released Tuesday morning at 11:00. At the end of the night session at 7:45 this morning, March Kansas City wheat was 1 cent lower, Chicago March corn was down 2.25 cents, and Chicago March soybeans were 5.75 cents higher. Have a wonderful day and weekend.
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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.
