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Grain Market Insight
Morning Grain Comments 6-5-2026 – The grain markets were mixed at the end of the night session with an interesting end to the session as July corn was near the low for the session while KC July wheat was near it’s high for the session and July soybeans in positive territory. The StoneX Quick Editorial (QE) this morning stated, “decent grain trade volume evened out across the complex overnight, with corn still leading gains as July carved out new contract lows (and five-month continuous lows), with the key new-crop December contract at its lowest since the January S&D Report as well. Beneficial Midwest rains this week will presumably have Monday’s crop ratings improving; the trade is looking forward to the CFTC numbers this afternoon to see the extent of fund liquidation in corn. Daily trade estimates have that corn fund net down around another 60k as of Tuesday and probably another 80k since, down well over 250k net contracts in just the last month if realized…” The June World Agricultural Supply Demand Estimates are scheduled for release Thursday (6-11) morning at 11:00. At the end of the night session at 7:45 this morning Kansas City July wheat was 2.25 cents higher, Chicago July corn was down 4 cents, and Chicago July soybeans were 0.75 cent higher. Have a wonderful day and weekend.
Afternoon Grain Comments 6-4-2026 – The grain markets were lower today with StoneX stating “today was a great liquidation in Ag commodities driven by successive breaches of chart support, improving US weather, and claimed advances in Iran talks”. Soybeans were the big looser today which were down over 32 cents during the day session with corn hitting double-digits lower at one point but KC wheat managed to avoid being that low, but all of the grains ended the day well off their lows for the day. Hope is rolling for an agreement with Iran, let’s hope it comes to fruition. The export sales report this morning showed a number of cancellations of old crop sales with many of them re-booked into the new crop. StoneX commented this afternoon regarding wheat, “the bearishness of the cancellations is buffered by the wet forecast for the Southern Plain states’ yields and is awaiting more samples to establish a tradeable crop size number. At the close today cash wheat was 4 cents lower, corn and milo were down 7 cents, and soybeans ended the day 24 cents lower. Have a great evening.
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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.
May 26 An evening rain gave us 0.15 inch of rain in Sublette.?
May 21 A late evening thunder storm gave us 0.3 inch of rain in Sublette.
May 6 Another misty rainy day with 0.1 inch in the gage in Sublette.