Weekly grain report

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

2/8/13: The only real surprise in the supply-and-demand report today was that wheat carryovers were reduced instead of getting an increase. Total wheat ending stocks were down 25 million bushels, and soft white stocks were cut by 10 million bushels. Wheat exports were left unchanged despite their tepid pace to date, but feed use was upped by 25 million, which was the reason for the cut to ending stocks. Corn ending stocks were increased by 30 million bushels due to a reduction in projected exports, which was expected. The sh...