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Grain Market Insight
Afternoon Grain Comments 4-27-2026 – The grains were higher today with soybeans leading the way as the tension and questionable opening of the Strait of Hormuz continues. For soybeans, harvest is finishing up in Brazil with harvest 95% complete and certainly those soybeans will be finding their way to China with the price advantage over U.S. supplies. The wheat market was all about the weather and not getting much of a direction overnight but rallied late ending on the positive side. The export inspections today showed 64.7 million bushels of corn, 23.1 million bushels of soybeans, 13.4 million bushels of wheat, and 7.1 million bushels of milo. The crop progress report this afternoon showed corn planting at 25% complete, up 14 points from last week, soybean planting at 23%, up 11 points, and the winter wheat good/excellent rating was steady at 30% g/e with the Colorado crop 6 points lower, the Oklahoma crop 4 points higher, and the Kansas crop down one point. At the close today cash wheat ended the day 8 cents higher, corn and milo were 6 cents higher, and soybeans ended the day 13 cents higher. Have a great evening.
Morning Grain Comments 4-27-2026 – Just watching the grains this morning, it looked like wheat couldn’t figure out which way to go as it traded double-digits higher at one point but the last part of the night session went from the plus side to negative and back and forth while corn and soybeans stayed in the green. The StoneX Quick Editorial (QE) this morning stated, “corn futures popped at the open last night and led grain volume throughout the overnight session; stalled-out peace talks with Iran have crude oil and the commodities holding on to plenty of risk premium. On the fundamental side, plenty of corn got planted across the belt last week before multiple rain systems, and extended maps are running drier overall starting mid-week as well. However, cold temps over the next two weeks will likely set the crop off to a slow start…” In world grain trade news, Saudia Arabia bought 36.2 million bushels of wheat most to likely come from the Black Sea region, importers in the Philippines purchased 1.8 million bushels of feed wheat, and NOFI in South Korea purchased 2.6 million bushels of corn in a private trade. At the end of the night session at 7:45 this morning, May Kansas City wheat was 0.5 cent lower, Chicago May corn was up 2.75 cents, and Chicago May soybeans were 2.25 cents higher. Have a wonderful day.
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April 26 A misty rain this morning but not much in the gage.
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.
