Weekly grain report

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

12/7/12: Chicago wheat futures lost 2.5 cents this week. However, soft white prices improved 11 cents since last Friday, due to increased export business highlighted by last weekend’s Egyptian buy. It seems like the prices in the rest of the world have risen to the point where soft white is once again competitive in these larger tenders, which bodes well for our prices moving forward – versus the other classes of wheat anyway. Tuesday next week there’s another USDA monthly supply-and-demand report to deal with, and it should...