Weekly grain report

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

12/17/12: Wheat prices continue to trade a lower range that was established after the USDA monthly supply-and-demand report last week. Chicago futures fell 6 cents on the day and white wheat dropped 3. The HRW belt is supposed to receive some needed moisture this week. However, what they really need is a change in the long term weather pattern and not one rain/snowstorm.

12/18/12: Wheat prices finally got low enough to entice Egypt into a tender on Tuesday afternoon. Chicago futures had been down as much as a dime during the...