Weekly grain report

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

2/3/12: Wheat futures fell Friday after Russia’s announcement that there would be no curbs on exports and raised their export projection to 27 million metric tons. That seemed like it should have done some pretty severe damage to wheat prices, however Chicago futures were only off 2 cents on the day. There’s another USDA supply and demand report out next Thursday to contend with. There should be some cuts to South American crop production; the question is, how much?

2/6/12: In spite of a rising dollar, the wheat market conti...