Weekly grain report

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

3/28/13: Well, that was a surprise! The USDA managed to find an additional 400 million bushels of corn in the bin than what was being expected, and that pulled the rug out from under the grain market. Chicago wheat futures closed down 49 cents, corn futures were locked limit down shortly after the report and will open with limits expanded to 60 cents on Sunday afternoon (happy Easter!). The acreage projections came in as expected, but it was the higher corn stocks number that did all the damage today. Portland exporters didn...