This man became the youngest ever to win a Wimbledon tennis championship at 17, on this day in 1985...
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Grain Market Insight
Morning Grain Comments 7-7-2026 – The grains all opened the night session lower but rebounded to trade both sides of Monday’s closes spending much of the late session in positive territory and ending steady - mixed. The StoneX Quick Editorial (QE) this morning stated, “the grains dipped on the open last night but have been resilient since, following through on yesterday’s move with higher highs, albeit amid slower trade volume; China soybean buying was “confirmed” but plenty more will be needed to build a bullish export demand case. U.S. crop ratings are holding in counter-seasonally, though safely below last year’s levels…” In world grain trade news, as mentioned in the QE, COFCO in China purchased at least 5 cargoes (roughly 11 million bushels) of soybeans from the U.S. At the end of the night session at 7:45 this morning Kansas City September wheat was 2 cents lower, Chicago September corn was 0.25 cent lower, and Chicago September soybeans were a penny higher. Have a wonderful day.
Afternoon Grain Comments 7-6-2026 – The grain markets were double digits higher today with the fall crops leading the way. The StoneX afternoon corn comment stated “It was a list of items that turned the Ag sector into a sharp rally. The central corn belt experienced excessive rains over the weekend that led to flooding. Adding to that, an almost harmony of forecasters subscribing to a very hot forecast for most of the corn belt for at least the next 14 days. Average temps are seen running 3 to 8 degrees F above normal through the 20th of July. Crop Progress expectations from the analysts rest at unchanged (67% G/E). Beyond the weather outlook, rumors of China inquiring into values for grain and oilseed imports caught the recently net short Managed Money sector “wrong-footed”. President Trump announced that Xi Jinping is scheduled to visit the US at the end of September. The Trade expects Chinese companies to make pre-visit buys. Additionally, the USTR announced it will be providing a list of 30 billion dollars of eligible Chinese imports that will be submitted for comment on July 10th. China says it has agreed to a reciprocal tariff reduction framework which includes relevant agricultural products. It is estimated that speculative funds bought between 35 and 40 thousand contracts of corn today.” The export inspections report this morning showed 64.6 million bushels of corn, 19.4 million bushels of soybeans, and 4.9 million bushels of wheat. The wheat export inspections were below expectations while the corn was slightly over the expectations and soybeans were near the middle of the expectation range. The national corn crop good/excellent rating stayed steady this week at 67% g/e with the Kansas crop down two points to 64% g/e. The national soybean crop condition dropped a point to 64% g/e. At the close today cash wheat was 11 cents higher, corn and milo were 15 cents higher, and soybeans ended the day 44 cents higher. Have a great evening.
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June 27 An early morning rain gave us 0.2 inch in Sublette.
June 25 Another morning rain, this time less than 0.1 inch in Sublette.?
June 24 Another morning rain gave us 0.3 inch in Sublette.
June 23 Rain this morning of 0.5 inch in Sublette.
June 21 & 22 An evening rain that went into the morning hours gave us 0.1 inch of rain in Sublette.
June 14 There was rain in the area on the afternoon of the 13th but the rain in Sublette came in the early morning hours of the 14th giving us about 1/4 inch.
June 9 An evening rain gave us 0.5 inch in the gage in Sublette.
June 3 & 4 A rain shower during the day on the 3rd gave us 0.1 inch then another rain that night and into the morning hours of the 4th gave us another 0.4 inch in Sublette.
