Weekly grain report

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

2/21/13: Wheat futures fell 17 cents in Chicago Thursday, as it seemed that the wet weather in the plains was once again a negative factor. The U.S. dollar has been rallying sharply over the past few days, also adding pressure to commodities. Egypt bought only one cargo of U.S. SRW in Tuesday’s tender and nothing from other locations. However, Egypt was rumored to be a buyer today as prices fell. China has also been talked about as buying a bunch of wheat from several origins including the U.S. in the last week. The governme...