Insights and Stories of Mark Weinraub

Aug. 3, 2017 at 3:44 pm CDT

Chicago/Reuters – The full impact of a hot and dry summer in the U.S. Midwest is unlikely to show up in the government’s next estimate of the U.S. corn crop as it typically makes just small adjustments to its harvest outlook during August. The U.S. Agriculture Department will update its […]

By Mark Weinraub

Jul. 31, 2017 at 3:54 pm CDT

Chicago / Reuters – U.S. corn and soybean futures weakened on Monday on forecasts for beneficial weather for crop development, traders said. Wheat futures also were weak, dropping to their lowest in more than a month, as sizeable world supplies countered support from drought-hit U.S. spring wheat yields. The lower […]

By Mark Weinraub

Jul. 28, 2017 at 3:42 pm CDT

Chicago / Reuters – U.S. wheat futures rose on Friday, buoyed by signs of poor yields in drought-hit U.S. spring wheat belts, but the benchmark Chicago Board of Trade soft red winter wheat contract was still headed for a third straight weekly loss as U.S. crop troubles were set against […]

By Mark Weinraub

Jul. 27, 2017 at 3:34 pm CDT

Chicago / Reuters – U.S. wheat futures rose on Thursday, led by gains in MGEX spring wheat contracts, supported by results from a tour that illustrated the damage done to the crop in a key growing area, traders said. Corn and soybeans were also higher as uncertainty over the impact […]

By Mark Weinraub

Jul. 26, 2017 at 3:28 pm CDT

Chicago / Reuters – U.S. wheat futures firmed on Wednesday, with MGEX spring wheat contracts posting the biggest gains as results from a crop tour confirmed that drought in the northern Plains severely crimped harvest potential in that key growing region. Traders also noted bargain buying in wheat futures as […]

By Mark Weinraub