Name of the two main countries that border the Aegean Sea...
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Grain Market Insight
Afternoon Grain Comments 2-12-2026 – The grain markets were higher today with soybeans leading the way but wheat got in on the excitement. The StoneX soybean comment this afternoon was “headlines continue to shovel optimism onto the soybean futures market despite reality” and went on to talk about demand from China but the issue of Taiwan will continue to be a concern. In my career, China has always seemed like a market manipulator so allowing soybean prices to rally with news that China will be a purchaser of U.S. soybeans must be that they will benefit from the higher prices. That is just my observation. Another observation I have about China is that high prices do not generally discourage them from buying if they need the grain. The soybean export sales this morning were discouraging but the market sure did not seem to care as soybeans rallied into the end of the night session and through the day. There wasn’t a lot of corn news this afternoon after the good sales report this morning. The wheat market was strong today but the cash market is reportedly not following the futures so this could be interesting here for another day or two. At the close today cash wheat was 15 cents higher, corn and milo were up 3 cents, and soybeans were 13 cents higher. Have a great evening.
Morning Grain Comments 2-12-2026 – The grain markets were higher overnight with soybeans leading the way and leaving a 4.5 cent gap while corn and wheat saw a two-sided trade but spent most of the session higher. The StoneX Quick Editorial (QE) this morning stated, “soybeans surged on the open last night and are holding on to gains this morning; the entire soy complex is back to fresh highs, extending the rally that started when President Trump said that China would purchase additional volumes. Some concerns are arising on heavy Brazilian rains affecting soybean harvesting and second-crop corn planting, as well as the quality of the incoming soy crop; however, that crop is going to be a massive one regardless, with BRZ exports still setting the market on a global basis...” The export sales report this morning showed old crop corn sales of 81.5 million bushels, new crop corn sales of 2.4 million bushels, old crop soybean sales of 10.4 million bushels, wheat sales of 18.4 million bushels, and 10.3 million bushels of milo. The old crop corn sales was big and well above the upper end of the pre-report trade estimates while the soybean sales were well below the lower end of the trade estimates. The wheat sales and milo sales were both good. All of the grains improved a penny or more after the release of the export sales report. The trade volume overnight was big with March and May soybeans leading the way with March corn not too far behind and May corn a distant 4th. In world grain trade news, Conab in Brazil increased their soybean production estimate by 1% or 70 million bushels and the Rosario Grains Exchange in Argentina increased their soybean production estimate by 36.7 million bushels which is a 2% increase. At the end of the night session at 7:45 this morning, March Kansas City wheat was 3.5 cents higher, Chicago March corn was up 1.5 cents, and Chicago March soybeans were 11 cents higher. Have a wonderful day.
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Monday, February 16th, our administrative office has some some scheduled electrical work to be done so phone systems will be down as well as our computer system, company wide. I apologize for this inconvenience but this holiday is a good time to get it done since the grain markets are closed.
January 19 Another snow, maybe 1.5 to 2 inches received in Sublette.
January 9, 2026 A snow during the day and into the evening gave us about 5 inches of snow.
December 28 A late morning snowshower lasted about an hour with no accumulation.
November 23 An afternoon thunderstorm gave us 0.25 inch of rain in Sublette.
November 20 & 21 The rain started late morning and into the night and early morning hours of Friday giving us 0.9 inch of rain in Sublette.October 28 Early morning rain showers gave us another 0.3 to 0.4 inch of rain in Sublette.
October 25 A day of light rain gave us about 0.4 inch in Sublette.
October 14 We had a little rain shower in the afternoon of the 13th in Sublette and rain in the early morning hours of Tuesday but only a little rain in the gage, well below 0.1 inch with a foggy morning.
September 19 A rain shower mid-morning gave us 0.1 inch in Sublette.?
September 18 Another early morning rain gave us another 0.4 inch in Sublette.
