Insights and Stories of Mark Weinraub

Oct. 23, 2020 at 4:31 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. […]

By Mark Weinraub

Oct. 23, 2020 at 3:59 pm CDT

Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders […]

By Mark Weinraub

Oct. 22, 2020 at 3:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention […]

By Mark Weinraub

Oct. 22, 2020 at 3:24 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures firmed on Thursday, hitting their highest in more than four years, with traders citing gains in the cash market and strong export demand for U.S. supplies as supportive factors. A fast export pace also underpinned the corn market while wheat […]

By Mark Weinraub

Oct. 21, 2020 at 4:36 pm CDT

Chicago | Reuters — CME live cattle futures eased on Wednesday, retreating back toward seven-week lows hit on Monday after a bargain buying bounce fizzled as plentiful supplies remained the focus of investors. Feeder cattle futures were slightly higher following the front-month contract’s decline to its lowest since July 1 […]

By Mark Weinraub