Home / News / Business news / Questions surround pre-USDA report CME trading

Questions surround pre-USDA report CME trading

10/23/2012 @ 7:30am

Expanded CME trading hours have put lots of people on edge about the release of USDA grains reports -- including CME itself.

Gerald Bange, who heads USDA's supply and demand reports, says that after the most recent report he heard from CME Managing Director Dave Lehman, who was concerned about trading activity in the minute ahead of the report.

The question: Did the report somehow leak out early? The answer is a definitive "no," Bange says. USDA officials add that they have no plans to change their policy of allowing media in a "lock-up" to pore over the data ahead of its official release


(ian.berry@dowjones.com; @enberry)
(END) Dow Jones Newswires
October 22, 2012 18:25 ET (22:25 GMT)
DJ MARKET TALK: CME Curious About Trading Ahead of USDA Report Release->copyright

CancelPost Comment
MORE FROM DOW JONES NEWSWIRES more +

More Pig Losses Seen, Smithfield Says By: 05/14/2014 @ 7:55am The swine industry is struggling to contain a deadly virus that's sweeping U.S. hog farms…

Senators Turn Up Heat on Railroad Companies By: 05/13/2014 @ 11:39am Four Midwestern U.S. senators add their voices to a growing chorus of farmers, ethanol producers…

Summary of Friday's WASDE Report By: 05/09/2014 @ 2:53pm The following table is provided as a service to Wall Street Journal subscribers in conjunction…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Questions Surrounding Data Concern Are Answered