Insights and Stories of Mark Weinraub

Aug. 12, 2016 at 12:43 pm CDT

Washington | Reuters — The U.S. soybean and corn harvests will be the biggest ever this fall, according to a U.S. Agriculture Department monthly outlook that boosted yield and production forecasts for both crops above market expectations. USDA on Friday pegged the corn crop at 15.153 billion bushels, based on […]

By Mark Weinraub

Jul. 22, 2016 at 2:35 pm CDT

Chicago / Reuters – U.S. soybean futures fell 2.3 per cent to a three-month low on Friday as the weather forecast for August reinforced expectations that the crop developing in the U.S. Midwest would blossom into a bumper harvest. Wheat and corn futures firmed, recovering from early weakness, as investment funds […]

By Mark Weinraub

Jul. 21, 2016 at 3:30 pm CDT

Chicago / Reuters – U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. Midwest and poor exports pushing prices to their lowest in nearly two years. Wheat and soybean futures firmed. The soy market was supported by […]

By Mark Weinraub

Jul. 20, 2016 at 2:53 pm CDT

Chicago / Reuters – U.S. corn and soybean futures posted sharp declines on Wednesday, with corn hitting its lowest in nearly two years as the latest weather outlook appeared less threatening to crop development, traders said. Soybean futures led the sell-off, sinking 2 per cent and hitting their lowest since April […]

By Mark Weinraub

Jul. 14, 2016 at 4:06 pm CDT

Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. Corn and wheat futures also closed lower after rallying to two-week highs earlier in the session. The latest outlooks dialed […]

By Mark Weinraub