Name five of the six countries that border the Black Sea...
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Grain Market Insight
Morning Grain Comments 7-16-2026 – The grain markets were higher much of the night session after opening a little lower then in the last 15 minutes of the session the grains all moved lower. The StoneX Quick Editorial (QE) this morning stated, “the spot Chicago September wheat contract surged this morning to just short of contract highs (and the $7/bu mark), retreating a bit as of late but still leading the way higher for the grain complex; wars on both fronts are only intensifying as the week progresses, with Russia’s defense ministry reporting strikes overnight on Ukraine port and infrastructure targets…” The export sales report this morning at 7:30 showed 12.4 million bushels of old crop corn and 12.3 million bushels of new crop corn sales, both were well below the pre-report trade estimates. The old crop soybean sales were 6.9 million bushels and new crop sales were a nice 65 million bushels. Wheat sales this morning in the report were 8.6 million bushels which was below the lower end of the trade estimates and there were cancellations of 140,000 bushels of previous old crop milo sales. At the end of the night session at 7:45 this morning Kansas City September wheat was 2.75 cents lower, Chicago September corn was 1.25 cents lower, and Chicago September soybeans were 2.5 cents lower. Have a wonderful day.
Afternoon Grain Comments 7-15-2026 – The grain markets were higher today with wheat leading the way as Kansas City wheat hit the limit a few times during the day session. The StoneX afternoon corn comment stated “The Russia-Ukraine conflict dominated the grain markets today as the attacks and counterattacks have halted grain trade in the region, especially for Ukraine. Cancellations abound, and shipping companies are withdrawing ships from the area. There was even a report of a ship carrying corn from Ukraine to Italy being struck by Russian forces. The sheer unknown impact of the disruption of grain trade around the Black Sea has speculators covering their shorts to see how the situation works out. Ukraine says it will protect ports to maintain export volumes after attacks.” The ethanol production this week was lower and stocks increased with lower demand. At the close today cash wheat was 42 cents higher, corn and milo were 9 cents higher, and soybeans ended the day 11 cents higher. Have a great evening.
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July 10 Another early morning rain gave us 0.1 to 0.2 inch of rain in Sublette.
June 27 An early morning rain gave us 0.2 inch in Sublette.
June 25 Another morning rain, this time less than 0.1 inch in Sublette.?
June 24 Another morning rain gave us 0.3 inch in Sublette.
June 23 Rain this morning of 0.5 inch in Sublette.
June 21 & 22 An evening rain that went into the morning hours gave us 0.1 inch of rain in Sublette.
June 14 There was rain in the area on the afternoon of the 13th but the rain in Sublette came in the early morning hours of the 14th giving us about 1/4 inch.
June 9 An evening rain gave us 0.5 inch in the gage in Sublette.
June 3 & 4 A rain shower during the day on the 3rd gave us 0.1 inch then another rain that night and into the morning hours of the 4th gave us another 0.4 inch in Sublette.
