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How to save environment variables in UBoot for SD card?

I was under the impression that the file uEnv.txt in the first DOS partition of the SD card could be used to define environment variables for U-Boot.  However my definitions in there are not being recognized.  There's a trace of my U-Boot startup log below.  How do I get the reading of environment variables fro, uEnv.txt to work?  My U-Boot version is U-Boot 2012.10-svn49326.

NAND: No NAND device found!!!
0 MiB
MMC: OMAP SD/MMC: 0, OMAP SD/MMC: 1
*** Warning - readenv() failed, using default environment

musb-hdrc: ConfigData=0xde (UTMI-8, dyn FIFOs, bulk combine, bulk split, HB-ISO Rx, HB-ISO Tx, SoftConn)
musb-hdrc: MHDRC RTL version 2.0
musb-hdrc: setup fifo_mode 4
musb-hdrc: 28/31 max ep, 16384/16384 memory
USB Peripheral mode controller at 47401000 using PIO, IRQ 0
musb-hdrc: ConfigData=0xde (UTMI-8, dyn FIFOs, bulk combine, bulk split, HB-ISO Rx, HB-ISO Tx, SoftConn)
musb-hdrc: MHDRC RTL version 2.0
musb-hdrc: setup fifo_mode 4
musb-hdrc: 28/31 max ep, 16384/16384 memory
USB Host mode controller at 47401800 using PIO, IRQ 0