Insights and Stories of Mark Weinraub

Apr. 1, 2019 at 6:10 pm CDT

Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Monday, rebounding from Friday’s sell-off spurred by a government report that showed massive supplies of all three commodities remained in storage bins around the country. Corn notched the biggest gain, with the most active Chicago Board of Trade […]

By Mark Weinraub

Apr. 1, 2019 at 5:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Monday, with the front-month contract firming slightly after two straight days of declines while deferreds continued to ease. Traders said that fresh pork exports to China were required to ease the burdensome supplies and boost hog […]

By Mark Weinraub

Mar. 29, 2019 at 6:08 pm CDT

Chicago | Reuters –– Massive supplies of both U.S. corn and soybeans remained in storage bins around the country ahead of spring planting, U.S. Agriculture Department (USDA) data released on Friday showed. USDA also said that farmers planned to boost their corn plantings by 4.1 per cent but severe flooding […]

By Mark Weinraub

Mar. 22, 2019 at 6:47 pm CDT

Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry […]

By David Ljunggren, Mark Weinraub

Mar. 22, 2019 at 1:26 pm CDT

Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. […]

By Mark Weinraub