Insights and Stories of Mark Weinraub

Aug. 24, 2020 at 4:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Monday, with the market under pressure from a government report that showed supplies were bigger than expected. The U.S. Agriculture Department’s monthly Cattle on Feed report on Friday afternoon showed July placements at 111 per cent of a year […]

By Mark Weinraub

Aug. 19, 2020 at 6:31 pm CDT

Chicago | Reuters — A clearer picture of damage to crops in the path of last week’s derecho storm emerged on Wednesday, as crop scouts on an annual tour scrambled across blown-over corn stalks and wind-battered soybean fields in Illinois and Iowa. Iowa officials on Tuesday warned much of the […]

By Mark Weinraub, P.J. Huffstutter

Aug. 12, 2020 at 12:37 pm CDT

Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn […]

By Mark Weinraub

Aug. 7, 2020 at 4:44 pm CDT

Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, […]

By Mark Weinraub

Aug. 6, 2020 at 8:35 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.9 per cent on Thursday to their lowest in nearly a month, their third decline in four sessions, with expectations for rising global supplies pushing prices lower, traders said. Corn futures steadied after hitting fresh contract lows on Tuesday, […]

By Mark Weinraub