Weekly grain report

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

3/7/12: Obviously the grain markets were highly disappointed that the Colts cut Peyton Manning today and subsequently dropped about 20 cents a bushel in Chicago wheat and 16 cents a bushel in corn. Actually, it was just a continuation of the previous day’s negative momentum that pushed prices below some support levels and got the ball rolling downhill that much faster. Those prices dipped on concern about China’s slowing economic growth and the ever popular concern over Greek debt. China said they can fulfill their current c...