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Grain Market Insight
Afternoon Grain Comments 6-1-2026 – The main StoneX afternoon comment was “Weather forecasts, planting progress, and G/E ratings optimism outweighed the disintegration of the ceasefire deal with Iran today.” The export inspections report this morning showed 68 million bushels of corn, 18.2 million bushels of soybeans, 14.8 million bushels of wheat, and 7.1 million bushels of milo. All of those numbers were around the middle of the pre-report trade estimates. The crop progress report this afternoon showed corn planting at 93% complete, up 7 points from last week. The first corn condition report was released this afternoon showing 67% good/excellent with the highest rating coming in Iowa 82% g/e and the Kansas crop rating is 64% g/e. The soybean planting came in at 87% planted, up from 79% last week. The soybean condition showed 66% good/excellent with Wisconsin the highest at 80% g/e. The winter wheat condition was steady at 26% g/e and the crop is 5% harvested with Oklahoma and Texas both showing harvest 23% complete. At the close today cash wheat, corn, and milo were all 3 cents lower, and soybeans ended the day 6 cents lower. Have a great evening.
Morning Grain Comments 6-1-2026 – Wheat and soybeans spent most of the night session higher while corn was lower much of the session but rallied again in the last hour of the session but then retreated to end the session lower. The StoneX Quick Editorial (QE) this morning stated, “corn and soybean oil carried what there was for trade volume overnight with the former at 3+ month contract lows and the latter at a new contract high; corn belt forecasts are more beneficial coming out of the weekend, but somehow the grains and commodities overall are still finding support from a war with Iran that refuses to stop dragging onward…” An interesting note from UGA – the Ukraine grain traders union which estimated their 2026 grain harvests at 83.6 million metric tonnes which is 3.6 million more than last year with wheat projected to be lower but corn production up 5 million metric tonnes. At the end of the night session at 7:45 this morning Kansas City July wheat was 4 cents higher, Chicago July corn was down a penny, and Chicago July soybeans were 5.25 cents higher. Have a wonderful day.
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May 29 A little rain shower in the morning gave us about 0.1 inch of rain. ? May 27 and 28 Rain during the day and overnight gave us 2.9 inches.
May 26 An evening rain gave us 0.15 inch of rain in Sublette.?
May 21 A late evening thunder storm gave us 0.3 inch of rain in Sublette.
May 6 Another misty rainy day with 0.1 inch in the gage in Sublette.
April 26 A misty rain this morning but not much in the gage.
April 10 Rain in Sublette during the early morning hours gave us 0.35 inch of moisture.
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.
