Morning Grain Comments 8-4-2026 – The grain markets opened steady (wheat) to higher last evening but values drifted lower during the session and were weak in the last hour or so of trading. The StoneX Quick Editorial (QE) this morning stated, “the grains followed through with higher highs last night, noting another corn ratings decline, but are taking profits into the morning hours with a wet corn belt forecast finally on the books for the key month of August…” In world grain trade news, Jordan has again tendered for up to 4.4 million bushels of optional origin milling wheat Algeria has tendered for a nominal 1.8 million bushels of wheat (they usually purchase more than the tender quantity), and flour millers in South Korea have tendered for 1.8 million bushels of milling wheat from the U.S. At the end of the night session at 7:45 this morning Kansas City September wheat was 7.5 cents lower, Chicago September corn was 3 cents lower, and Chicago November soybeans were 13 cents lower. Have a wonderful day.
Afternoon Grain Comments 8-3-2026 – After a lower night session, the grain markets moved higher during the day session with corn leading the way. The export inspections report this morning showed 74.2 million bushels of corn, 12.6 million bushels of soybeans, 12.3 million bushels of wheat, and 4.1 million bushels of milo. The crop progress report this afternoon showed the Good/Excellent corn rating drop 2 points again to 61% g/e with improvement generally in the eastern corn belt and worse ratings west. The North Dakota corn crop rating dropped 13 points while Kansas dropped 8 points and Nebraska dropped 6 points. The national soybean crop rating was steady at 63% g/e again generally better ratings in the east and dropping ratings in the west. It is hard to know if the trade was expecting the two point drop for the corn condition but if they didn’t, look for values to improve early in the night session. At the close today cash wheat was 9 cents higher, corn and milo were up 8 cents, and soybeans ended the day 4 cents higher. Looking back to the end of July on Friday, for the month of July, the wheat price improved by 83 cents, corn was up 29 cents, milo was up 24 cents, and soybeans were 74 cents higher. Have a great evening.
Welcome
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.
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
