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Weekly grain report

4/18/12: Grain futures fell, as traders sold corn and soybeans aggressively. Wheat managed to pare its losses going into the close. Soft white prices lost a dime on the day but were down as much as 15 cents in the morning. Japan was in overnight for 700,000 bushels of western white and the CCC purchased 2.5 million bushels of soft white for donation to Bangladesh this afternoon. One would think that Egypt will show up soon, given the recent drop in wheat prices, and the U.S. ought to be very competitive, as European grain prices have been rising due to strong feed demand and concern over winte...

 

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