Weekly grain report

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

1/22/13: Chicago wheat fell 12 cents, posting a larger trading range than Friday and then closing lower. This seemingly puts a stop to our rally, as it gives off a pretty negative technical signal on the price charts. There wasn’t much news driving prices down today, but Northern Plains forecasts are a little wetter than they were last week. Corn was unchanged on the day and soybeans strongly higher on drier weather forecasts for Argentina.

1/25/13: Wheat export sales were decent this week but not large enough to generate an...