The Standard Oil company (now ExxonMobil) was officially established on this day, of a year in which decade?
Look below for the answer
Grain Market Insight
Afternoon Grain Comments 8-5-2026 – The wheat market was the bright spot today as the risk premium was revived by “a deadly Russian attack on the Ukrainian capital of Kiev overnight…” The StoneX afternoon corn comment stated “Corn dipped lower on the overnight open and gradually lost ground from there but held the 50% retracement in the December contract which lies at the $4.59 area. Widespread rains cross NE, IA, and IL overnight leaving multiple inches of precipitation across major growing areas. Forecasts going forward look to bring moisture to these same areas and work some into the Eastern SD over the 10 day. The US production side will continue to be debated up to and through the Aug WASDE next week, but corn demand continues to be robust on the other side of the balance sheet.” The soybean market looked to be under the influence of rains in the cornbelt and a weak crude market. At the close today cash wheat was 6 cents higher, corn and milo were down 5 cents, and soybeans ended the day 3 cents lower. Have a great evening.
Morning Grain Comments 8-5-2026 – The grains opened lower last evening but they all saw a two-sided night session with corn and soybeans ending lower but wheat had some buying late in the session to end higher and near the session high. The StoneX Quick Editorial (QE) this morning stated, “corn dominated trade volume overnight, falling on the open and grinding lower from there on a fairly rosy 2026 crop scenario overall…” The StoneX comment regarding the release of their yield estimates yesterday stated “StoneX initially estimated 2026 U.S. corn yields at 184.8 bushels per acre, above the USDA’s 183.0 bpa July estimate, with production (using the government acreage figure) at 16.160 billion bushels, 160 mbu above the USDA July. Soybean yields came in at 53.0 bpa with production at 4.470, essentially even with the USDA’s working numbers on both fronts.” In world grain trade news, Jordan did not make a purchase in their tender this week for up to 4.4 million bushels of milling wheat but they have tendered again for the same amount and Sinograin in China sold12.3 million bushels of soybeans from their state reserves. At the end of the night session at 7:45 this morning Kansas City September wheat was 7.75 cents higher, Chicago September corn was 3.75 cents lower, and Chicago November soybeans were 7.75 cents lower. Have a wonderful day.
Welcome
Welcome to the Sublette Cooperative, Inc. website. If you have ideas on information you would like to see on the website, let us know. To contact us call our main office phone number 620-675-2297 or click on "contact us" above for a listing of our telephone numbers.
