Insights and Stories of Mark Weinraub

Mar. 2, 2018 at 4:23 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures sank 3.2 per cent on Friday, following a six-day rally that had pushed prices to their highest in 7-1/2 months, traders said. “This has just been a fantastic week of gains,” said Bill Gentry, a broker at Risk Management Commodities. […]

By Mark Weinraub

Mar. 1, 2018 at 4:20 pm CST

Chicago | Reuters — U.S. wheat futures rose for the sixth day in a row on Thursday, with new forecasts calling for extended dryness in the U.S. Plains pushing prices to fresh 7-1/2-month highs, traders said. Soybean futures rallied to a 13-month high on signs of strong export data. Parched […]

By Mark Weinraub

Mar. 1, 2018 at 4:15 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts were weaker, remaining under pressure from weak cash markets. Strong export data provided support to the nearby contracts. The U.S. […]

By Mark Weinraub

Feb. 28, 2018 at 4:37 pm CST

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures jumped 3.3 per cent on Wednesday to their highest level in more than seven months, breaking through key technical barriers on support from concerns about crop development in the U.S. Plains, traders said. The gains in the […]

By Mark Weinraub

Feb. 16, 2018 at 5:26 pm CST

Chicago | Reuters — U.S. soybean futures fell from their highest since late July on Friday as traders locked in profits from this week’s weather-driven rally. Soymeal futures were mixed, with the most active contract snapping an eight-session winning streak after rallying to its highest in more than a year […]

By Mark Weinraub