Within five feet either way, how many feet of wire does today’s standard slinky have?
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Grain Market Insight
Afternoon Grain Comments 8-27-2026 – Today was much calmer in corn trading with no follow up on yesterday’s story out of Russia. The StoneX Market Intelligence (MI) stated, “with yesterday’s story being merely speculation from outside looking in, the corn market lost its bid today.” There is still much unknown about where the Small Refinery Exemptions (SREs) will end up in the bean market. It is uncertain where the EPA will land on this issue with the Biofuel association supporting the original proposal, .99 bln RINs of SREs, which is the low end of the estimates given with the top end being 1.6. All of the negative headlines with wheat are causing what the MI states as, “plenty of reasons to turn from a short-covering market to one that builds a net long out of necessity.” Prices for HRW are averaging over $2.00/bu more than the last year average which will incentivize planting but with the drought conditions the MI said, “the realities of soil moisture will be the arbiter of success.” At the close today cash wheat was up 13 cents, cash corn was down 4 cents while cash beans were up 2 cents. Have a great rest of your evening.
Morning Grain Comments 8-27-2026 – The grain markets were lower on the open last evening with November soybeans getting as close to Wednesday’s close as it could but stayed in negative territory while corn and wheat had a two-sided session. The StoneX Quick Editorial (QE) this morning stated, “corn and soybeans took a bit on the open last night and are holding onto small losses this morning, while wheat quickly reversed course last night as the spot September Chicago wheat contract extended contract highs and traded at a 3+ year spot best. Ukraine continues to report shipping backlogs and logistics issues due to Russia strikes, starting to bleed over to 2027 wheat and grain planting intentions in the Black Sea breadbasket…” It was another night of big trade volume with December corn leading the way but well below the massive volume we saw in the night session to begin the week. The export sales report this morning showed 1.2 million bushels of old crop corn sales and 42 million bushels of new crop corn sales. The soybean sales showed 2.7 million old crop and 91.1 million new crop sales. There was also 14.8 million bushels of wheat sales and 600,000 bushels of milo sales. In world grain trade news, MFIG in Taiwan purchased corn from Brazil in their tender and Jordan has tendered for up to 4.4 million bushels of milling wheat. At the end of the night session at 7:45 this morning Kansas City December wheat was 3 cents higher, Chicago December corn 3.25 cents lower, and Chicago November soybeans were 6.25 cents lower. Have a wonderful day.
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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.
