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Grain Market Insight
Afternoon Grain Comments 9-10-2026 – Corn, beans and wheat all traded higher today as traders squared up their positions ahead of tomorrow’s big USDA supply and production numbers. Corn and soybean yields are the big question right now, and the USDA is also expected to touch on how the Russia-Ukraine war is affecting where corn and other grains get traded around the world. South American corn acreage guesses are split too. One exchange in Argentina sees fewer corn acres next year while another sees more, depending on how farmers there weigh corn against soybeans. The StoneX Market Intelligence (MI) noted that funds would rather be “long and wrong” than “miss the boat” heading into the report. Beans got an extra boost from fresh US-China trade talk. Negotiators are reportedly working toward $30 billion in tariff cuts before a September 24th meeting, and China keeps adding to its soybean purchases as it works toward a goal of 25 million metric tons from the US this year. MI noted that “China is ramping up their purchases.” On the war front, Russia hit a Ukrainian oilseed plant that processes 1,600 tons of oilseed a day, and Ukraine struck back at a Russian port on the Caspian Sea. With neither side backing off, the bean oil and meal markets are pricing in a tighter supply picture out of that part of the world. Wheat rode along higher with the rest of the group. The war keeps damaging grain facilities on both sides, and dry weather is spreading across the Southern Plains right when farmers there need moisture to get the winter wheat crop up and going. Forecasts are mixed on whether rain reaches that area or stays farther north, so how well this year’s crop gets started is still an open question. Have a great rest of your evening.
Morning Grain Comments 9-10-2026 – The grain markets ended the night session higher but traded both sides of Wednesday’s closes early in the session with soybeans leading the way after the announcement of the sale of soybeans to China. The StoneX Quick Editorial (QE) this morning stated, “corn let what there was for weak overnight trade volume as the row crops gained momentum into the morning hours; commodities remain in favor with fighting not letting up on either front, and the grains are loathe to fall too far from recent highs ahead of expected USDA revisions on Friday…” Tomorrow is report day with the delayed export sales report tomorrow morning at 7:30 and the September WASDE at 11:00 a.m. The night trade volume was the lowest in over a month. In world grain trade news, Sinograin in China reportedly purchased 14 to 15 cargoes of soybeans which is about 37 million bushels. At the end of the night session at 7:45 this morning Kansas City December wheat was 3 cents higher, Chicago December corn up 4.25 cents, and Chicago November soybeans were 11 cents higher. Have a wonderful day.
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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.?
August 28 A nice thunderstorm this morning gave us 0.4 inch of rain in Sublette.
August 24 Another early morning rain gave us another 0.1 inch of rain.