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Grain Market Insight
Morning Grain Comments 6-29-2026 – It is a short trading week again this week with the markets closed on Friday. Corn and soybeans opened at their respective highs for the night session, leaving gaps, while wheat traded higher much of the session before trading lower some in the last two hours of the session. The StoneX Quick Editorial (QE) this morning stated, “corn left no real doubt overnight with an early decline and a move to new lows for the still-spot July contract; CZ6 is within a couple pennies of its own contract low, with a similar story for wheat and soybeans. The weekend brought some much-needed rains to the northern belt, and that beneficial pattern continues this week to ease any heat stress; the trade will likely be looking for steady-to-better crop ratings this afternoon. Tomorrow is unlikely to bring much bullish aid either, with stocks and planting both ample regardless, though quarterly report surprises are always possible…” In world grain trade news, flour millers in South Korea have tendered for 36.7 million bushels of milling wheat. At the end of the night session at 7:45 this morning Kansas City July wheat was 4.75 cents higher, Chicago July corn was down 7.5 cents, and Chicago July soybeans were 9 cents lower. Have a wonderful day.
Afternoon Grain Comments 6-26-2026 – The grains ended the day lower with wheat the leader. The StoneX afternoon corn comment stated “A two-sided session that finished weaker for the day but featured speculative buying at the open and speculative buying at the close. The hot/dry forecast in the 15-day outlook that was being trumpeted the last couple of sessions received a blow as the midday models changed their temperature outlook markedly cooler. Cooler temperatures in the first half of July in the US Midwest is overall beneficial to pollination. The moisture outlook drifted wetter generally for most of the Midwest in the later part of the 15-day forecast, too. The debate over acreage and stocks continues right up to the report release on the 30th, yet the way the market is trading, little risk premium is being assigned to a bullish outcome.” The wheat market seems to be kept in check by cheaper Russian wheat. At the close today cash wheat was down a dime, corn, milo and soybeans were all 2 cents lower. For the week, wheat was 33 cents lower, corn and milo were down a nickel, and soybeans ended the week 3 cents higher. Have a great weekend.
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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.
