As markets and market participants make ready for the important bevy of USDA reports on Friday (11 January), we thought we should make way for them by clearing away a few things and thoughts that caught our attention during the last few weeks that may (or may not) hold some significance for the future. So with your indulgence, here is another odds-and-ends recap of them.

Friday's USDA reports will be the first to be released at 12:00 p.m. ET instead of 8:30 a.m. ET, as was the long established practice. The 8:30 a.m. time was picked originally because it gave interested parties two hours to analyze potentially market-sensitive reports before futures markets opened at 10:30 a.m. ET. Over the decades of our experience, there were countl...