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Weekly grain report

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

11/8/12: There’s another monthly supply-and-demand report out tomorrow, and it seems like it will be hard to be anything but bearish. Wheat and corn exports have been coming in far below what we need on a weekly basis to meet the USDA’s projections as buyers seem to be sourcing from everyone but the U.S. for the time being. World wheat prices have risen during the week, which has given a boost to prices here. However, we’ll need increased demand to make the gains stick. Soybeans have been flying off the shelf. However, most...

 

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