Insights and Stories of Mark Weinraub

Jul. 6, 2017 at 4:09 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Thursday, shrugging off signs of further deterioration in already stressed crops, on a round of profit-taking following a rally to multi-year highs, traders said. Corn futures also fell, snapping a streak of seven straight higher closes, on pressure from the U.S. […]

By Mark Weinraub

Jul. 5, 2017 at 5:14 pm CDT

Chicago | Reuters — U.S. wheat futures rose for a sixth day in a row on Wednesday, with technical buyers stepping into the market after prices sank into negative territory, traders said. Chicago Board of Trade corn and soybean futures also closed higher. Corn, which has risen for seven straight […]

By Mark Weinraub

Jun. 30, 2017 at 2:45 pm CDT

Washington | Reuters — U.S. farmers who have been holding out for higher prices for their corn may finally sell their grain below target levels in the next few weeks as a government report released Friday underscores the huge supplies left in storage bins around the country, analysts said. The […]

By Mark Weinraub

Jun. 29, 2017 at 2:31 pm CDT

Chicago | Reuters — Drought conditions in the northern U.S. Plains that have propelled spring wheat prices to a three-year high worsened in the past week and there are forecasts for more hot and dry weather that could crimp the harvest. As the world struggles with a glut of grain […]

By Mark Weinraub

Jun. 16, 2017 at 3:38 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures rallied 2.6 per cent on Friday to their highest in nearly a year, with concerns about shortfalls in the U.S. crop sparking a round of short-covering by investment funds, traders said. Corn futures also were higher, but forecasts for rain […]

By Mark Weinraub