Who was the only U.S. President with a Ph.D? (he was formerly the President of Princeton from 1902-1910)
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Grain Market Insight
Afternoon Grain Comments 4-24-2026 – The wheat market that tried to lead the rally yesterday was lower today with some profit-taking being sited for the reason but again, the other grains didn’t follow. The grains continue to generally be under the influence of the weather forecasts and issues around the conflict with Iran, namely what is flowing through the Strait of Hormuz. A note in the weather about corn stated that 26% of the corn belt is classified as being in drought. The biofuel mandates kept soybean oil higher today even though crude oil was lower which supported the soybean market. At the close today cash wheat ended the day 8 cents lower, corn and milo were a penny lower, and soybeans ended the day 4 cents higher. For the week, wheat was up 22 cents, corn and milo gained 6 cents, and soybeans lost 3 cents. Have a great weekend.
Morning Grain Comments 4-24-2026 – The grain markets were mixed or steady to lower at the end of the session, depending on how you look at it. The StoneX Quick Editorial (QE) this morning stated, “the grains took a hit from a $4/bbl crude oil selloff this morning but corn and soybeans are still mostly holding in on the high side; wheat is trading lower this A.M. but not before fresh highs overnight, including nearly a two-year high for spot KC wheat and a new move high for Chi(cago)…” The erratic moves in the wheat market have been interesting and just a reminder that the one thing that is predictable about a weather market is that they are not predictable as they move with the fluctuating weather forecasts. In world grain trade news, NOFI in South Korea purchased 2.6 million bushels of corn in a private trade yesterday, IKAR in Russia reduced their 2026 wheat production estimate by about 1% to 3.3 billion bushels due to “weather disturbances”, and the Crop Estimates Committee in South Africa estimated their corn crop at 663 million bushels. At the end of the night session at 7:45 this morning, May Kansas City wheat was 4 cents lower, Chicago May corn was up 1.25 cents, and Chicago May soybeans were 0.75 cent higher. Have a wonderful day and weekend.
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April 10 Rain in Sublette during the early morning hours gave us 0.35 inch of moisture.
January 19 Another snow, maybe 1.5 to 2 inches received in Sublette.
January 9, 2026 A snow during the day and into the evening gave us about 5 inches of snow.
December 28 A late morning snowshower lasted about an hour with no accumulation.
November 23 An afternoon thunderstorm gave us 0.25 inch of rain in Sublette.
November 20 & 21 The rain started late morning and into the night and early morning hours of Friday giving us 0.9 inch of rain in Sublette.October 28 Early morning rain showers gave us another 0.3 to 0.4 inch of rain in Sublette.
