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Weekly grain report

Grain prices head lower

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

12/5/11: This morning started off promising with the grain futures markets in the green however prices headed south mid-session as word spread that Standard & Poor’s was placing several Eurozone countries on notice that they were under review and risked a credit-rating downgrade. Chicago wheat closed down 14 cents and soft white lost a nickel.

 

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