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Grain Market Insight
Afternoon Grain Comments 4-13-2026 – The grain markets ended the day mixed with wheat higher, soybeans lower, and corn between the two. The corn market was helped overnight by the increased crude price due to the talks with Iran not going well but as the day progressed selling overtook the enthusiasm to send it lower at the close. The soybean market may have been under pressure from the favorable weather forecast as anything today along with tension with China over Iran and how that will impact exports in the future. The export inspections this morning showed 70.2 million bushels of corn, 29.9 million bushels of soybeans, 11.8 million bushels of wheat, and 8 million bushels of milo. The corn and milo numbers were good but the wheat was disappointing and soybeans were decent. The wheat market was and left the gap that remained at the end of the night session. It certainly is hard to tell where these markets are going. The crop progress report this afternoon showed U.S. corn planting at 5% complete, up two points from last week with the Kansas crop at 9% planted. This afternoon is the first soybean planting progress with 6% planted nationally, mostly in the lower Mississippi valley area. The winter wheat crop condition nationally was at 34% good/excellent that is down one point from last week. The Kansas wheat is 32% good/excellent which is down 6 points from last week. The Colorado crop actually saw an improvement to 16% g/e while the Oklahoma and Texas crops both dropped two points to 10% g/e and 15% g/e respectively. At the close today cash wheat ended the day 12 cents higher, corn and milo were down a penny, and soybeans ended the day 14 cents lower. Have a great evening.
Morning Grain Comments 4-13-2026 – After the down market that was last week for wheat KC May wheat opened last evening nearly 8 cents higher and left a gap of 6.75 cents and is well into double-digits higher at this writing. May corn opened a nickel higher and maintained a 1.75 cent gap at the end of the night session while the soybean market opened a bit higher before trading both sides and near unchanged late in the session. The StoneX Quick Editorial (QE) this morning stated, “the grains exploded out of the gates last night with WTI crude oil up $7-8 per barrel; strong volume held throughout with the feed grains recovering from late-night dip, while soybeans and meal remained on the weak side. U.S. weather conditions remain bullish, for what it’s worth, with Plains rains fairly disappointing over the weekend and action missing there again this week, while continuing to soak most of the Midwest and delay chances for early widespread corn and soybean planting. Stocks are still ample throughout, though, and speculative funds positions remain hefty as well for corn and the soybean complex…” The trade volume was pretty big overnight with May corn and May soybeans leading the way followed by their July contract months. At the end of the night session at 7:45 this morning, May Kansas City wheat was 13.5 cents higher, Chicago May corn was up 2.5 cents, and Chicago May soybeans were a penny lower. Have a wonderful day.
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April 10 Rain in Sublette during the early morning hours gave us 0.35 inch of moisture.
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.
