Weekly grain report

1/3/12: Prices started the day lower once again on Wednesday. However, a sharp rally midsession brought the futures markets back to unchanged by the end of the day. Egypt bought Argentine and French wheat overnight, and there were no offers out of Russia or any of the Black Sea countries. U.S. prices were much closer this time around, however we still didn’t get any of the business. Stats Canada will be out in the morning with some updated production information for north of the border.

10/5/12: Once again Portland exporters went to basis-only bids on Friday afternoon, which prevents us from...