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Grain Market Insight
Afternoon Grain Comments 5-18-2026 – The grains opened higher last evening and never looked back with the news that there was an agreement to sell more agricultural products to China with President Trump’s visit last week. There is a lot of speculation about the statement made and will be subject to some clarification likely in the future then we may have an idea of which of the commodities will be purchased, but for today, and maybe just for today, we moved the grains higher and I do not think I saw Iran or Hormuz in any of the grain comments today. We will see what tomorrow brings. The export inspections report this morning showed 54.3 million bushels of corn with the seasonal slowdown, 17.8 million bushels of soybeans, 8.2 million bushels of wheat, and 5.6 million bushels of milo. The crop progress report this afternoon showed corn planting at 76% complete, up 19 points from last week while the soybeans are 67% planted, up 18 points from last week. The upper Midwest is getting pretty well planted with Iowa 88% done on corn and 80% done with soybean planting. The wheat crop condition dropped another point this week to 27% good/excellent with much of the HRW area being impacted by the dry weather. At the close today cash wheat was 16 cents higher, corn and milo were up 21 cents, and soybeans ended the day 36 cents higher. Have a great evening.
Morning Grain Comments 5-18-2026 – The grains were higher overnight with big gaps everywhere with July KC wheat leaving a 5.75-cent gap, July corn left a 8.25-cent gap, and July soybeans left a 14-cent gap in a night session of massive trade volume with corn the volume leader. The StoneX Quick Editorial (QE) this morning stated, “the grains exploded out of the gates to start the week; the bulls got nothing from the Trump-Xi meeting last week, but then the White House released a fact sheet on said meetings yesterday that announced another $17 billion of U.S. Ag deals over the next three years. That will reportedly be on top of the existing 25 MMT annual soybean commitment. It’s not a massive number in comparison to historical amounts, but it is a positive sign for China coming back as a buyer of U.S. feed grain and meat products…” In world grain trade news, Algeria has tendered for 1.8 million bushels of soft milling wheat but they often purchase more than their tender amount, MFG/Cargill Agri Purina in South Korea has tendered for up to 2.8 million bushels of corn and FLC in South Korea purchased 4.8 million bushels of feed wheat in private trades last week. At the end of the night session at 7:45 this morning, July Kansas City wheat was 13.75 cents higher, Chicago July corn was up 13.75 cents, and Chicago July soybeans were 25.5 cents higher. Have a wonderful day.
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May 6 Another misty rainy day with 0.1 inch in the gage in Sublette.
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.
