How many miles per hour does a spacecraft need to be moving to leave Earth and enter orbit? (hint: round number)
Look below for the answer
Grain Market Insight
Mid-session Grain Comments 4-28-2025 – Due to our commenters being out of the office this afternoon we are updating the grain markets early. Here at the mid-point of the day session the grain markets continued lower with wheat leading the way lower but corn has narrowed the gap it left during the night session. The export inspections report showed some good numbers with 65.1 million bushels of corn, 16.1 million bushels of soybeans, 23.8 million bushels of wheat, and 900,000 bushels of milo. The wheat number was well above the upper end of the pre-report trade estimates while soybeans were near the middle of the range and corn was near the upper end of the estimates. The weekly progress report is scheduled to come out this afternoon so hopefully we will recap those numbers tomorrow in the morning grain comments. A few minutes before 11:00 this morning wheat was a dime lower, corn, milo, and soybeans were 1 to 2 cents lower. Have a great rest of the day.
Morning Grain Comments 4-28-2025 – The markets were lower overnight and there are gaps this morning with a 3-cent gap left by May KC wheat and a 1.5-cent gap left by May corn while soybeans never traded higher it did not leave a gap in the May contract. The StoneX Quick Editorial (QE) this morning stated “the grains sunk on the open last night and have mostly trended further in that same direction since, with wheat leading losses as the spot May KC contract hit new lows and May Chicago came up just short of its own. The southern Plains received some much-needed precipitation over the weekend, following a week where rains finally stretched back into those driest winter wheat areas, and ahead of this week where more chances are present. Western corn belt forecasts are wetter to start out this week but corn and soybean planting should still progress center-east after this current wet pattern finally dries up. Trade hopes for U.S.-China negotiations last week proved unfounded, and we appear to be at a stalemate there for the near future...” In world grain trade news, MFIG in Taiwan has tendered for 2.6 million bushels of corn to come from South Africa, South America or the U.S. At the end of the night session at 7:45 this morning, Kansas City May wheat was 9.5 cents lower, Chicago May corn was down 6 cents, and Chicago May soybeans were 5.75 cents lower. Have wonderful day.
Afternoon Grain Comments 04-25-25- Tariffs were the main story for markets today. StoneX reported, “The US and Japan continue to talk about a trade agreement with Japan, considering increasing its Ag imports from the US, but no definitive number is attached to the consideration. The same went for India, except some items like soybeans and corn are not an item imported in the first place.” Mexico continues to lead for US corn exports with more bushels sold to them yesterday and today. The trade views this as “normal” but still fears that any tariff disputes could cause disrupt trade. There were rumors today that the Ukraine-Russian peace talks are going nowhere and that Russia is unwilling to agree to any proposals. At the close, cash wheat was unchanged, milo and corn were 2 cents higher and soybeans were 3 cents lower. Have a great weekend!
Welcome to the Sublette Cooperative, Inc. website. If you have ideas on information you would like to see on the website, let us know. To contact us call our main office phone number 620-675-2297 or click on "contact us" above for a listing of our telephone numbers.
Futures
@C - CORN - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
May 25
477'0
478'6
469'4
475'2
-3'2
475'4s
03:51P
Jul 25
483'6
485'6
476'2
482'6
-2'2
483'2s
03:50P
Sep 25
444'0
444'6
436'6
441'2
-4'2
441'4s
02:34P
Dec 25
454'2
455'0
446'6
449'6
-5'4
450'2s
03:49P
Mar 26
468'0
468'6
461'2
464'2
-5'0
465'0s
01:30P
May 26
477'2
477'6
470'2
473'2
-5'0
474'0s
03:38P
Jul 26
482'2
482'4
475'2
478'4
-4'6
479'2s
02:36P
Sep 26
462'0
464'4
459'0
462'6
-2'4
463'2s
01:30P
@KW - HARD RED WINTER WHEAT - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
May 25
532'6
535'0
520'6
525'4
-13'2
524'6s
01:30P
Jul 25
543'0
548'0
534'4
540'2
-11'2
539'6s
02:33P
Sep 25
560'0
563'0
550'0
555'0
-11'2
555'0s
01:20P
Dec 25
585'0
586'6
574'2
580'0
-10'4
579'2s
01:30P
Mar 26
605'2
606'2
594'6
600'0
-9'4
599'6s
01:30P
May 26
614'0
614'0
606'0
610'4
-8'6
610'4s
01:30P
Jul 26
617'4
617'4
610'0
617'2
-5'6
616'0s
01:30P
Sep 26
625'0
625'0
619'6
624'6
-5'0
626'4s
01:20P
@S - SOYBEANS - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
May 25
1049'4
1054'0
1041'4
1050'2
2'2
1052'0s
03:44P
Jul 25
1058'4
1064'0
1051'4
1061'2
3'2
1062'4s
03:58P
Aug 25
1052'2
1056'0
1045'0
1053'4
1'4
1054'4s
01:30P
Sep 25
1031'4
1033'4
1023'2
1031'0
-1'0
1031'4s
01:30P
Nov 25
1033'4
1036'4
1026'2
1033'6
-0'2
1034'6s
03:38P
Jan 26
1045'2
1049'0
1038'6
1046'2
-0'4
1047'0s
01:30P
Mar 26
1048'2
1053'0
1042'6
1050'2
-0'4
1050'6s
01:30P
May 26
1054'4
1060'0
1049'6
1057'4
-0'2
1057'6s
01:30P
@LE - LIVE CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Apr 25
214.525
215.950
214.300
215.750
1.400
215.650s
01:05P
Jun 25
208.600
209.825
208.250
209.725
1.350
209.600s
03:24P
Aug 25
204.375
205.350
204.100
205.275
1.225
205.325s
01:05P
Oct 25
202.100
203.200
201.950
203.000
1.150
203.125s
01:05P
Dec 25
202.150
202.975
201.800
202.750
0.950
202.900s
01:05P
@GF - FEEDER CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
May 25
292.150
292.675
290.975
291.900
1.275
291.800s
01:05P
Aug 25
295.750
296.250
293.825
295.025
0.650
294.950s
02:30P
Sep 25
294.575
295.250
293.050
294.075
0.525
294.075s
01:05P
Oct 25
292.500
293.250
291.300
292.050
0.425
292.200s
01:05P
Nov 25
290.000
290.675
288.875
289.475
0.350
289.700s
01:05P
My Custom Markets
Symbol
Open
High
Low
Last
Change
Close
Time
More
Map
This Day In History
April 28, 1990
Last issue of Dutch communist daily De Waarheid (The Truth)