What year did the U.S. completely ban smoking on all domestic and international flights? (hint: round number)
Look below for the answer
Grain Market Insight
Afternoon Grain Comments 9-1-2026 – Corn caught a lift today from the wheat market and a broader rally across commodities, pushing to new highs before the deferred spreads gave some of it back late in the session. Funds bought another 35,000 corn contracts today and now hold a net long position that the StoneX Market Intelligence (MI) says is, “above the previous absolute maximum level”; corn hasn’t traded this high since July of 2023. Crop conditions held steady at 57% good/excellent. USDA also made news today: Secretary Brooke Rollins unveiled a Data Modernization Plan at the Farm Progress Show in Boone, Iowa, aiming to lean more on FSA and RMA data along with satellite imagery to get better crop-size numbers out faster, which could change how the market reads USDA reports going forward. Beans got a lift from both biofuels news and weaker crop conditions, which slipped 2 points to 58% good/excellent. The EPA released its 2025 Small Refinery Exemption number at 1.76 billion RINs, a touch below the 1.8 billion that had been rumored, and all of those gallons are getting pushed into the 2026 and 2027 biofuel volume requirements instead of just disappearing which is friendly for future demand. Soybean oil jumped overnight on that news and a stronger diesel market, and beans, meal, and the spreads all traded higher. Planting is also getting underway in southern Brazil, with conditions looking favorable so far. Wheat, including HRW, punched to fresh three-and-a-half-year highs overnight after Russia downplayed any pause in Black Sea attacks and hit Ukrainian export facilities on the Danube again; prices backed off some on reports of a possible Putin-Erdogan meeting, but with nothing confirmed, MI says we “continue to trade war headlines.” Spring wheat harvest is 77% done. At the close today, cash corn was up 8 cent, cash wheat was up 7 cents, and cash beans were up 33 cents. Have a great rest of your evening.
Morning Grain Comments 9-1-2026 – The grain markets seemed to be led by soybeans until corn and wheat stopped following as November soybeans left a two-cent gap and traded 18 cents higher during the session while KC December wheat traded 17 cents higher at one point. The StoneX Quick Editorial (QE) this morning stated, “soybeans charged out of the gate last night thanks to a surprise two-point ratings decline to close out the key crop development month of August; wheat rallied to fresh move highs in the early morning hours but has taken profits since despite the Black Sea war escalating greatly overnight…” StoneX summarized the crop progress report yesterday stating “National corn condition ratings steadied this week at 57% good/excellent, down from 69% last year and the 60% five-year average pace; soybean ratings fell 2% to 58% g/ex, below 65% LY and the 59% 5YA figure. Progress ratings of those crops remained generally at or ahead of pace, with corn doughing at 92%, denting at 62%, and maturity at 13%; soybean pod-setting hit 95%, with 13% of the crop dropping leaves. The U.S. spring wheat harvest advanced from 62% to 77% this week, up from 69% LY and the 68% 5YA.” At the end of the night session at 7:45 this morning Kansas City December wheat was 3 cents higher, Chicago December corn down a penny, and Chicago November soybeans were 12.5 cents higher. Have a wonderful day.
Welcome
Welcome to the Sublette Cooperative, Inc. website.
Sublette Cooperative will be closed Monday, September 7th for Labor Day. Grain operations for harvest will be open if necessary. Thank you for your business.
