What is the most populous country of the 16 that officially make up the Middle East?
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Grain Market Insight
Morning Grain Comments 2-26-2026 – The grain markets were a little weaker at the open last evening but soybeans traded much of the session in positive territory while wheat had a two-sided session and corn traded in a 3-cent range, a little higher. The StoneX Quick Editorial (QE) this morning stated, “overnight grain volume continued to pick up with soybeans leading both gains and volume this time, and the spot March contract hitting a new three-plus month high—clearing the $11.50/bu mark and coming within 20 cents of November’s government-shutdown high. Speculative funds are estimated to be within around 50k of their early-December top as well; traders continue to look for Chinese buying and biofuel blending details, with more than a month still to go until concrete acreage and stocks data on March 31…” The export sales report this morning showed corn sales of 27 million bushels of old crop and 460,000 new crop and both were disappointing with the old crop sales below the lower end of the pre-report trade estimates. The soybean sales did not look good either at 15 million bushels which was near the lower end of the trade estimates. The wheat sales were 8.9 million old crop and 3.9 million new crop. The new crop wheat export sales were above what the trade was expecting but the old crop sales were below the lower end of the estimates. There were 370,000 bushels of milo sales. In world grain trade news, Algeria reportedly purchased 22 million bushels yesterday in their nominal tender for 1.8 million, Saudi Arabia has tendered for 24.1 million bushels of wheat, TMO in Turkey purchased 13.8 million bushels of corn, and NOFI in South Korea purchased 5.3 million bushels of corn. At the end of the night session at 7:45 this morning, May Kansas City wheat was 1.5 cents lower, Chicago Mayh corn was up 2 cents, and Chicago Mayh soybeans were 5.75 cents higher. Have a wonderful day.
Afternoon Grain Comments 2-25-2026 – Well corn finally moved from the close it maintained for two sessions and ended the day higher as EPA announced that the RVO (Renewable Volume Obligation) proposal is being submitted to the office of management and budget (OMB) today. That really is more of a soybean issue but corn use is heavily dependent on renewable fuel interests. The ethanol production this past week was steady with building inventories. The soybean market benefited most from the RVO announcement but time will tell where that will end up and talk of China purchasing soybeans continue in the discussions even with soybeans in Brazil being 95 cents per bushel less than U.S. supplies. The wheat market was lower again today but benefitted from the higher fall crop prices but the weather forecast is looking favorable for some moisture in what some called a “wetter shift” in the forecast. At the close today cash wheat was a penny lower, corn and milo were 3 cents higher, and soybeans ended the day 8 cents higher. Have a great evening.
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"I don't think necessity is the mother of invention - invention, in my opinion, arises directly from idleness, possibly also from laziness. To save oneself trouble."
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.
October 25 A day of light rain gave us about 0.4 inch in Sublette.
October 14 We had a little rain shower in the afternoon of the 13th in Sublette and rain in the early morning hours of Tuesday but only a little rain in the gage, well below 0.1 inch with a foggy morning.
September 19 A rain shower mid-morning gave us 0.1 inch in Sublette.?
September 18 Another early morning rain gave us another 0.4 inch in Sublette.
