Weekly grain report

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

12/7/11: Stop me if you’ve heard this one before. Grain prices backed up, as concern developed that Germany wasn’t on board with all aspects of the new European bailout plans. Japan’s in for western white. Egypt bought Russian and Argentine wheat earlier in the week. Friday the USDA drops another supply and demand report in our laps. The concern is they will further reduce projected demand numbers and correspondingly increase grain ending stocks.

12/8/11: The will be out in the morning but No major revisions to the supply-an...