Insights and Stories of Mark Weinraub

Mar. 1, 2023 at 6:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Wednesday, with profit taking noted as prices remained near multi-year highs hit during February. Strength in the cash market limited the declines. Hog futures also were weaker but the market remained underpinned by hopes that recent weakness in […]

By Mark Weinraub

Feb. 28, 2023 at 5:32 pm CST

Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of end-of-month liquidation by investment funds, traders said. Soybeans notched the biggest declines, with the most-active contract falling 2.2 per cent, […]

By Mark Weinraub

Feb. 28, 2023 at 4:41 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended firm on Tuesday, with the front-month contract hitting its highest in more than eight years as tight supplies continued to underpin the market. Hog futures ended mixed. Expectations for strong cash prices for the next few months due to […]

By Mark Weinraub

Feb. 27, 2023 at 6:53 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during the weekend boosted harvest prospects for the U.S. crop, traders said. Optimism that the deal allowing grain shipments from Black […]

By Mark Weinraub

Feb. 27, 2023 at 6:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded […]

By Mark Weinraub