The U.S. Constitution was last amended in 1992, regarding U.S. Congress pay; what number amendment was it?
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Grain Market Insight
Afternoon Grain Comments 8-31-2026 – Grains were mixed today with not much happening in the end. Corn looked like it wanted to keep running but settled by the end of trading. The StoneX Market Intelligence (MI) called corn “the clear leader” today, even though the funds are already sitting on about as big a long position as they’ve ever had, close to the record set back in 2010, so you have to wonder how much gas is left in the tank; MI even noted, “many continue to question how long the rally can last.” Good news on the export side though: shipments have been running well ahead of last year, and Mexico keeps buying corn hand over fist. Beans were pretty much a non-event today, just chopping sideways waiting on Washington. There’s supposed to be word this afternoon on the biodiesel exemption numbers, which could move the oil market once it’s out. Export sales in beans were light like everybody figured, and China’s still buying a lot less than they did last year. Wheat was more speculation today with a selloff based on a story that Turkey was requesting Ukraine stop striking Turkish vessels loading at Russian ports. At the close, corn was up one cent, wheat was down 6 cents, and beans were even. Have a great rest of your evening.
Morning Grain Comments 8-31-2026 – The grain markets were mixed during the night session but it seems the weakness in wheat spilled into the corn market that spent much of the session higher as all of the grains ended lower. The StoneX Quick Editorial (QE) this morning stated, “corn led solid trade volume overnight, with the key CZ and SX contracts posting fresh move highs early last night before ratcheting back into the morning hours, while wheat anchors the complex. The trade has to digest what is now a massive net combined long for the corn and soybean complex, but will also be looking at likely continued and seasonally-declining ratings as crops quickly dry down into harvest—hot and dry corn belt weather is likely to add more fuel to that fire in the next ten days or so…” In world grain trade news, Jordan has tendered again for up to 4.4 million bushels of milling wheat and SovEcon in Russia is expecting to see a big increase in grain exports through their ports on the Baltic Sea and also from others that have ports there. At the end of the night session at 7:45 this morning Kansas City December wheat was 21.25 cents lower, Chicago December corn 4.25 cents lower, and Chicago November soybeans were 9 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.
