Insights and Stories of Mark Weinraub

May. 23, 2017 at 4:40 pm CDT

Chicago | Reuters — U.S. farm groups on Tuesday pushed back against President Donald Trump’s proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy. The White House on Monday proposed $46.54 billion in cuts to federal government funding for the agriculture sector over […]

By Mark Weinraub, Tom Polansek

May. 22, 2017 at 2:38 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Monday morning, supported by concerns that rain will delay field work in key growing areas and may damage some recently seeded crops, traders said. “Grain futures are trying to start the week higher across the board […]

By Mark Weinraub

May. 16, 2017 at 4:26 pm CDT

Chicago | Reuters — U.S. soybean futures rose 1.1 per cent on Tuesday, supported by strong export demand for U.S. supplies despite a massive crop from South American producers Brazil and Argentina. Technical buying also helped fuel a rally in the soybean market, which closed near session highs. Chicago Board […]

By Mark Weinraub

May. 5, 2017 at 4:29 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with […]

By Mark Weinraub

May. 4, 2017 at 7:59 pm CDT

Chicago | Reuters — U.S. wheat futures fell 3.7 per cent on Thursday, pressured by results from a crop tour that showed yield prospects in Kansas remained above-average despite a severe snow storm, traders said. A round of profit-taking also pressured wheat prices, which rallied this week to their highest […]

By Mark Weinraub