Insights and Stories of Mark Weinraub

Jan. 25, 2019 at 4:32 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell sharply on Friday, with the most active April contract hitting its lowest in more than five months, as disappointing export demand failed to ease the supply glut in the United States. “The trade was very enthused that we were going […]

By Mark Weinraub

Jan. 24, 2019 at 5:25 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures eased on Thursday on a round of technical follow-through selling after declining on Wednesday, traders said. Weakness in the cash market, as well as uncertainty about demand from China, also weighed on the hog market. CME February lean hogs closed Thursday […]

By Mark Weinraub

Jan. 23, 2019 at 5:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Wednesday, led higher by a bargain buying bounce in the feeder cattle contracts. The feeder cattle market, which jumped 1.4 per cent on Wednesday, was sharply oversold after the front-month contract hit its lowest since May 24 on Tuesday, […]

By Mark Weinraub

Jan. 22, 2019 at 4:28 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures eased on Monday, pressured by forecasts for better weather in the U.S. Plains following snowstorms and bitter cold in the past week, traders said. “The big thing in the cattle was a real clear message that we have a sharp increase […]

By Mark Weinraub

Jan. 11, 2019 at 7:04 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of […]

By Mark Weinraub