Serving Lincoln County for more than a century!

Weekly grain report

Byron Behne watches the grain markets for the Odessa Union Warehouse.

1/10/13: Tomorrow the USDA bombards us with their latest round of reports including monthly supply and demand, quarterly stocks and final corn and soybean production. The reports will be released at 9:00 a.m. local time instead of 5:30 a.m. as they have been previously. That will leave the market a short three hours to digest the news before trade closes for the week. Six out of the last six January reports have produced a limit move in corn futures, three up and three down conveniently. One of the most scrutinized numbers w...

 

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