Which state’s various nicknames include the “Peace Garden State”, “Flickertail State”, and “Roughrider State”?
Look below for the answer
Grain Market Insight
Afternoon Grain Comments 07-26-24- The grain markets moved much lower during the session today. All grains seeing double digit losses while August soybeans had the biggest drop today. StoneX reporting, “New-crop (2024/25) U.S. soybean export sales have finally picked up a bit in the last two weeks with their largest sales totals thus far—18.6 million bushels last week and 30.5 million bushels on this most recent reporting week ending 7/18. Cumulative sales are up to 106.7 million bushels, still the slowest pace on this date since 2005.” The weather report is forecasting hot and dry conditions for next week. In Sublette, temperatures are reported to be over 100 degrees beginning on Sunday. At the close, cash wheat was 16 cents lower, milo and corn were 11 cents lower and soybeans were 38 cents lower. Have a great weekend.
Morning Grain Comments 7-26-2024 – The grain markets spent most of the night session lower with all of the grains trading both sides of Thursday’s closes with wheat trading higher more than corn and soybeans but fell back from being nearly a nickel higher at one point this morning. Soybeans hit their session lows in the last 15 minutes of the night session pulling wheat and corn down with it. The StoneX Quick Editorial (QE) this morning, “overnight volume declined heading into the end of the week as corn and beans try to build up some type of rebound from lows, but have a tough time doing so. The key Dec corn contract is working on a fifth consecutive higher low but still sits only about 15 cents above that mid-month bot-tom; Nov beans posted a bullish reversal yesterday but remain safely below early-week highs. Lead forecaster CWG does see stress building for the west-ern 20% of the belt if hot and dry forecasts verify over the next week-plus…” At 7:45 at the end of the night session this morning, Kansas City September wheat was 2.5 cents lower, Chicago September corn was down 4.75 cents, and Chicago August soybeans ended the night session 8.25 cents lower. Have wonderful day and weekend.
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Futures
@C - CORN - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Sep 24
405'6
406'4
394'0
394'6
-11'4
394'4s
07/26
Dec 24
421'0
421'6
409'2
410'0
-10'6
410'0s
07/26
Mar 25
435'2
436'0
424'2
424'6
-10'6
424'4s
07/26
May 25
445'2
446'0
434'6
435'2
-10'4
435'0s
07/26
Jul 25
452'2
453'2
442'2
442'6
-9'6
442'6s
07/26
Sep 25
454'0
454'0
445'0
445'4
-8'6
445'2s
07/26
Dec 25
459'0
460'0
451'6
452'2
-7'4
452'2s
07/26
Mar 26
470'0
471'0
463'0
463'0
-7'2
463'4s
07/26
@KW - HARD RED WINTER WHEAT - KCBT
Month
Open
High
Low
Last
Change
Close
Time
More
Sep 24
561'0
566'2
544'4
545'6
-16'0
545'4s
07/26
Dec 24
577'4
582'0
561'0
562'0
-16'0
562'0s
07/26
Mar 25
591'2
595'2
575'2
576'2
-15'4
576'4s
07/26
May 25
595'2
602'2
583'0
583'6
-15'0
584'2s
07/26
Jul 25
596'0
601'2
583'0
583'4
-14'4
583'2s
07/26
Sep 25
600'0
600'0
591'4
591'4
-14'0
591'2s
07/26
Dec 25
604'0
604'0
602'0
602'0
-14'0
602'6s
07/26
Mar 26
635'0
-14'0
609'0s
07/26
@S - SOYBEANS - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Aug 24
1113'2
1117'2
1071'4
1071'6
-38'4
1077'4s
07/26
Sep 24
1068'6
1075'6
1038'6
1040'2
-32'4
1042'0s
07/26
Nov 24
1077'6
1080'4
1045'0
1046'4
-31'0
1048'4s
07/26
Jan 25
1092'0
1094'6
1061'0
1062'2
-29'6
1064'0s
07/26
Mar 25
1100'0
1104'4
1073'0
1074'4
-27'4
1076'0s
07/26
May 25
1112'0
1113'2
1083'6
1085'2
-25'2
1086'4s
07/26
Jul 25
1117'0
1121'0
1092'6
1093'4
-24'4
1095'0s
07/26
Aug 25
1104'6
1104'6
1096'4
1096'4
-23'4
1091'0s
07/26
@LE - LIVE CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Aug 24
189.000
189.325
188.250
188.525
- 0.325
188.575s
07/26
Oct 24
188.600
189.025
187.900
188.500
- 0.050
188.550s
07/26
Dec 24
188.900
189.400
188.525
189.125
0.400
189.300s
07/26
Feb 25
189.675
190.000
189.225
189.725
0.250
189.925s
07/26
Apr 25
190.900
191.125
190.450
190.800
- 0.050
190.875s
07/26
@GF - FEEDER CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Aug 24
258.650
260.750
258.275
259.200
1.075
259.700s
07/26
Sep 24
258.100
260.350
257.625
259.200
1.700
259.600s
07/26
Oct 24
257.250
259.075
256.825
257.925
1.225
258.300s
07/26
Nov 24
256.250
257.900
256.050
256.850
0.975
257.200s
07/26
Jan 25
253.825
255.300
253.575
254.400
1.000
254.725s
07/26
My Custom Markets
Symbol
Open
High
Low
Last
Change
Close
Time
More
Map
This Day In History
July 27, 1861
Confederate troops occupy Fort Fillmore, New Mexico
July 22 A late afternoon rain gave us between 0.2 and 0.4 inch of rain in Sublette.
July 16 / 17 A rain starting after 9 p.m. and lasting past midnight gave us 0.5 to 0.6 inch of rain in Sublette.
July 8 Another 0.1 inch of rain in the gage this morning in Sublette.
July 7 An early morning (nightime) rain gave us another 1.7 inch of rain in Sublette.
July 3 An early morning rain gave us 0.4 inch in Sublette.
June 29 & 30 Night and early morning rain gave us 1.5 inches of rain in Sublette.
June 27 Another evening harvest rain shower gave us 0.3 inch of rain in Sublette.
June 18 - 19 An evening shower gave us 0.8 inch of rain then rain overnight added another 0.4 to 0.6 inch by 8:00 on the 19th with another 0.45 by 3:00 for a total so far of 1.85 inches or so.
June 8 A late evening rain gave us 1.1 to 1.25 inch of rain in Sublette.
June 3 An early morning rain gave us 0.6 inch of rain in Sublette.?
May 31 & June 1 & 2 A shower in the evening then an early morning rain put 0.25 inch of moisture in the gage.
May 28 A late evening rain gave us 0.6 to 0.7 inch of rain in Sublette.
