Insights and Stories of Mark Weinraub

Jun. 18, 2015 at 5:29 pm CDT

Chicago | Reuters — U.S. soybean futures rose for the third day in a row on Thursday, touching their highest in more than five weeks on concerns that dry weather will arrive too late to allow for planting in rain-soaked areas of the Midwest, traders said. Traders said the excess […]

By Mark Weinraub

Jun. 17, 2015 at 4:32 pm CDT

Chicago | Reuters –– U.S. soybean futures rose on Wednesday as concerns about rain forcing some farmers to dial back their plantings sparked a round of short-covering, traders said. Corn and wheat futures also closed higher, supported by technical buying as well as some weather-related concerns. Soybeans, which notched a […]

By Mark Weinraub

Jun. 16, 2015 at 5:35 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose as much as 2.5 per cent on Tuesday, supported by the U.S. Department of Agriculture’s cut to crop ratings and its report showing planting has fallen behind the typical pace, traders said. Corn futures rose too, firming on bargain […]

By Mark Weinraub

Jun. 15, 2015 at 4:39 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures sank 2.9 per cent on Monday, hitting a two-week low on expectations that drier conditions in the U.S. Plains will allow farmers to harvest a bumper crop, traders said. Corn futures also fell, hitting new contract lows amid pressure from […]

By Mark Weinraub

Jun. 5, 2015 at 4:04 pm CDT

Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday on end-of-week profit-taking and technical selling, traders said. It was the first time all three commodities posted losses on the same day since May 26. Some position-squaring ahead of the U.S. Agriculture Department’s monthly supply and demand […]

By Mark Weinraub