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Grain Market Insight
Afternoon Grain Comments 5-20-2026 – The words Iran and Hormuz were back in the grain news today as China’s President seems to be trying to exert some pressure on Iran to get a peace agreement done. We will see if that has any influence in Iran. Also today we have not seen any more detail on the release Sunday that more agricultural exports will be going to China and the lack of additional information generally makes people think the worst. The ethanol production this week was up again by 29 thousand barrels per day with stocks holding steady at 24,875 thousand barrels. Moisture is in the forecast for dry parts of the HRW wheat growing areas so we will see if they materialize and see if they have much of an impact on the wheat crop. At the close today cash wheat was a nickel lower, corn and milo were down 9 cents, and soybeans ended the day a dime lower. Have a great evening.
Morning Grain Comments 5-20-2026 – The grains overnight all had two sided sessions with corn and soybeans spending most of the session lower and July corn ending within a tick of its session low while wheat seemed to try to buck the trend but ended lower, but a nickel above its session low. The StoneX Quick Editorial (QE) this morning stated, “the grains were choppy overnight with corn and soybeans lower this morning, retreating from highs fueled by China’s fresh Ag purchase commitments; a solid start to the 2026 planting and growing season will go a long way towards making sure we can grow crops large enough to fulfill any increased demand. On the other hand, the wheat supply side will take a massive hit in 2026 thanks to the worst-rated winter crop (and lowest-estimated USDA production) in decades. On the outside market front, WTI crude is weighing this morning but remains above $100/bbl as the Middle East conflict appears further from resolution than ever…” In world grain trade news, Jordan has tendered again for up to 4.4 million bushels of milling wheat MFG purchased 2.5 million bushels of corn in a private trade from either South Africa or South America, and Algeria purchased wheat yesterday but the amount has not been reported. At the end of the night session at 7:45 this morning, July Kansas City wheat was 3.25 cents lower, Chicago July corn was down 5.5 cents, and Chicago July soybeans were 6.5 cents lower. 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.
