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Grain Market Insight
Morning Grain Comments 6-15-2026 – The grain markets were lower overnight with wheat leading the way and all of the grains hitting their session lows in the last 10 minutes of the night session. Soybeans did trade both sides of Friday’s close but wheat and corn never got to the plus side leaving small gaps in the July contract months. The StoneX Quick Editorial (QE) this morning stated, “WTI crude oil is down almost $5 per barrel this morning, at a three-plus month low near $80/bbl due to the U.S. and Iran reaching a deal that includes the reopening of the Strait of Hormuz. Wheat leads losses this morning while corn is back on track to continue a one-month decline, fill a September gap for the spot contract and test the $4/bushel level. The soy complex showed a bit more fight overnight but beans and meal remain at four-plus-month lows, with bean oil still elevated on tight domestic supplies. Cool temps and decent rain chances continue for the U.S. corn and soybean crops, with those extended forecasts getting us now almost into the end of June…” In world grain trade news, Jordan did not make a purchase in their most recent tender for up to 4.4 million bushels of milling wheat. At the end of the night session at 7:45 this morning Kansas City July wheat was 12.25 cents lower, Chicago July corn was 6 cents lower, and Chicago July soybeans were 10.75 cents lower. Have a wonderful day.
Afternoon Grain Comments 6-12-2026 – Today the grain markets ended mostly steady but even though they ended steady, through the session that started Thursday evening all of the grains had trading ranges near a dime or over a dime. While wheat was the bright spot for the week, the WASDE yesterday showed that the world is still sufficiently supplied with wheat but Australia, Canada, and the U.S. will still generally be the supplier of high quality wheat for many buyers. The corn and soybean markets continue to be concerned about what is going on with Iran but the generally good weather and growing conditions is keeping a rally from getting momentum. The crop conditions on Monday afternoon might be interesting. At the close today cash wheat and cash soybeans were even with Thursday’s respective closes while corn and milo were up a penny. For the week, wheat was 19 cents higher, corn was up 4 cents, milo was down 6 cents, and soybeans were 7 cents lower. Have a great weekend.
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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.
May 29 A little rain shower in the morning gave us about 0.1 inch of rain. ? May 27 and 28 Rain during the day and overnight gave us 2.9 inches.
