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Weekly grain report

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

1/29/13: For all the volatility in the markets in the last few months things sure have been boring lately. There just doesn’t seem to be a strong catalyst to break this market out in either direction for the time being. Unless exports begin to beat expectations our gains over the last few weeks may begin to erode.

1/31/13: Chicago wheat lost 7 cents today after being up 10 the day before. Yesterday’s rally was sparked by concerns about South American weather and concern over declining soybean yields. That sent soybeans up 27...

 

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