Insights and Stories of Mark Weinraub

Feb. 11, 2021 at 6:34 pm CST

Chicago | Reuters — U.S. hog futures rose for the seventh time in eight sessions on Thursday, hitting a four-month high on concerns about tight supplies, traders said. “There are a lot of empty barns out here,” Don Roose, president of U.S. Commodities in West Des Moines, Iowa said. Live […]

By Mark Weinraub

Feb. 10, 2021 at 6:57 pm CST

Chicago | Reuters — U.S. corn, soybean and wheat futures posted sharp losses on Wednesday on a round of long liquidation by investment funds after all three commodities rallied to multi-year highs in 2021, traders said. “We have really run this market up hard,” said Ben Buie, grain team leader […]

By Mark Weinraub

Feb. 10, 2021 at 6:22 pm CST

Chicago | Reuters — U.S. live cattle futures dropped on a profit-taking setback on Wednesday, a day after rallying to their highest in nearly a year, but worries about a cold snap across production regions of the Plains kept declines in check. Hog futures rebounded after closing mixed on Tuesday […]

By Mark Weinraub

Jan. 15, 2021 at 5:20 pm CST

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders took money out of the market following their surge to multi-year highs earlier in the week. Wheat traded both sides […]

By Mark Weinraub

Jan. 14, 2021 at 4:17 pm CST

Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said. Corn futures also rallied, with the market receiving a boost after the U.S. Environmental Protection Agency said […]

By Mark Weinraub