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Grain Market Insight
Afternoon Grain Comments 10-16-2026 – Corn closed lower today as harvest kept rolling along. The StoneX Market Intelligence (MI) said export sales "were unable to counter the bigger supply consideration growing in the market today." We sold about 1.1 million metric tons last week. That was near the top of what folks expected, but well short of the 1.6 a year ago. Total sales are running about 10 million metric tons behind last year, with Mexico and Japan both lagging. Shipments are actually ahead of last year, so the pipeline is not the problem. Buyers just are not showing up yet. Beans closed lower even with another flash sale to China. Harvest is moving along, yield reports are strong, and weekly export sales were weak. Wheat had a rough day too, with Kansas City down about 9 cents. MI said the market was "primed to produce new multi-month lows on give-up spec selling" with no fresh Russia-Ukraine news to lift it. Weekly sales were less than half of last year, and total sales sit at 51% of the government's projection compared to 63% a year ago. At the close today, cash corn was down 4 cents, cash wheat was down 9 cents, and cash beans were down 2 cents. Have a great weekend.
Morning Grain Comments 10-16-2026 – The grains were mostly lower during the night session with soybeans and wheat leading that way but December corn did trade 3 cents higher at one point in the night session. The StoneX Quick Editorial this morning stated, soybeans continued to decline to new seven-plus-week lows overnight as a bustling U.S. harvest weighs; said harvest will be slowed up by widespread rains over the past 24+ hours but should quickly resume next week... The export sales report this morning at 7:30 showed 44.2 million bushels of corn, 21.1 million bushels of soybeans, 11.8 million bushels of wheat, and no milo. In world grain trade news, MFG in South Korea purchased 5.3 million bushels of corn in a private trade from either South Africa or South America and China reportedly purchased another 10 to 13 ship loads of soybeans yesterday from the U.S. At the end of the night session at 7:45 this morning Kansas City December wheat was 6.5 cents lower, Chicago December corn was down 1.75 cents, and Chicago November soybeans were 5.75 cents lower. Have a wonderful day and weekend.
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October 14 Mist during the day gave way to showers in the evening with 0.2 to 0.4 inch of rain landing in Sublette.
October 1 Rain starting in the afternoon put 2.3 inches of rain in the gage by 4:30 with rain still coming down.
September 29 & 30 A morning rain starting around 8:30 on Tuesday gave us 0.1 inch of rain in Sublette, another 0.1 inch in the early evening, then the rain started again around 7:00 p.m. with another 1.25 inch overnight to 6:30 on Wednesday morning for about 1.45 inches and another 0.4 inch by 10:00, and another 0.2 by noon for a total of 2 inches.
September 25 A rain that started late morning and rained into the afternoon gave us another 0.2 inch in Sublette.
September 24 A rain shower gave us another 0.1 to 0.2 inch of rain in Sublette.?
September 23 Rains during the day gave us 0.25 to 0.3 inch of rain in Sublette.
September 21 A rain in the morning gave us 1.4 inches of rain in Sublette.?
September 19 / 20 Another overnight rain shower gave us another 0.1 inch of rain in Sublette.?
September 14 / 15 An overnight rain shower gave us another 0.1 inch of rain in Sublette.
September 10 A little rain shower in the early morning hours gave us about 0.1 inch of rain in Sublette.
September 4 & 5 A rain that started at about 7:45 Friday evening and lasted until about 3:00 Saturday morning gave us between 0.5 and 0.8 inch of rain in Sublette.?
