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Grain Market Insight
Afternoon Grain Comments 10-22-2026 – Corn closed a little lower today, down about 2 cents. The StoneX Market Intelligence (MI) said futures “failed to set new lower lows” even with harvest pressure at full force, so buyers are still defending the August lows. Funds sold a little but still hold a big long position of at least 180,000 contracts. Export sales were 1.53 million metric tons, on the high end of what was expected but well below the 2.8 million a year ago. Total sales are 11.4 million metric tons behind last year. Harvest keeps rolling with good weather in the forecast. Beans closed a little higher, up about 8 cents. China took 2.2 million metric tons of this week’s 2.84 million metric ton sales, and there were more flash sales this morning. Wheat closed lower, with Kansas City down about 7 cents. Export sales were weak at 240,000 metric tons, below the low end of what was expected, and we are 5.1 million metric tons behind last year. Importers are holding off on buying and waiting to see what comes of the Russia-Ukraine peace talks, now set for November 18th and 19th in China. MI said “as long as that date is valid, the bearish position is validated.” At the close today, cash corn was down 2 cents, cash wheat was down 7 cents, and cash beans were up 8 cents. Have a great rest of your evening.
Morning Grain Comments 10-22-2026 – The grain markets were mixed to end the night session after opening steady to a little better last evening. The StoneX Quick Editorial this morning stated “the grains are just barely peeking higher into the morning hours after starting off slightly lower last night, still holding above yesterday’s multi-month highs; end-user corn and soybean demand remains strong, but not as strong as impressive yield reports that continue to come from a progressing U.S. harvest...” The export sales report this morning at 7:30 showed 60.1 million bushels of corn, 104.4 million bushels of soybeans, 8.8 million bushels of wheat, and 80,000 bushels of milo. In world grain trade news, KOCOPIA in South Korea purchased 2.2 million bushels of optional origin corn but is expected to come from the U.S., FLC in South Korea purchased 2.4 million bushels of feed wheat, NOFI in South Korea purchased 60,000 tonnes of optional origin soybean meal, and Tunisia has tendered for 1 million bushels of optional origin corn. At the end of the night session at 7:45 this morning Kansas City December wheat was 2.75 cents lower, Chicago December corn was up 1.75 cents, and Chicago November soybeans were 1.75 cents higher. Have a wonderful day.
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October 14 Mist during the day gave way to showers in the evening with 0.2 to 0.4 inch of rain landing in Sublette.
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.?
