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Grain Market Insight
Morning Grain Comments 7-6-2026 – The grain markets were higher overnight with September corn and soybeans both gapping higher, opening at their session low and moving to double-digits higher while Kansas City wheat opened lower but moved higher during the session. The StoneX Quick Editorial (QE) this morning stated, “corn and beans shot out of the gate last night and accelerated momentum that had been building into the holiday weekend, despite wide-spread weekend rains over the heart of the corn belt (some a bit too heavy here in central Iowa) and more solid precipitation coverage ahead this week…” The trade volume overnight was big with November soybeans and December corn leading the way. Even with the holiday Friday, the export inspections and crop progress should be released at their regularly scheduled times today. In world grain trade news, Saudi Arabia purchased 24.3 million bushels of wheat in their most recent tender. At the end of the night session at 7:45 this morning Kansas City September wheat was 8.25 cents higher, Chicago September corn 12.25 cents higher, and Chicago September soybeans were 32.75 cents higher. Have a wonderful day.
Afternoon Grain Comments 7-2-2026 – The StoneX corn comment this afternoon stated “A low volume session with values trying to break out technically but struggled to hold unchanged by the end of the day. Heat was again the talk regarding weather. Mitigating the hot forecast is the rain forecast for the driest parts of the WCB, which are expected to get the most rain this weekend. This rain event isn’t the beginning of the story, but the middle, as rains in the WCB have been working on the drought region methodically. The Drought Monitor released today showed a full class improvement of large swaths of the Corn Belt.” There isn’t a lot of news ahead of the holiday weekend so we will see what the markets do on Monday. At the close today cash wheat was 4 cents higher, corn and milo were even with Wednesday’s closes, and soybeans ended the day a penny lower. For the week, wheat was 28 cents higher, corn was up 15 cents, milo was 25 cents higher, and soybeans were 23 cents higher. Have a great holiday weekend.
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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.
