Insights and Stories of Mark Weinraub

May. 8, 2015 at 3:13 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by results from an annual crop tour that projected below-average yields in Kansas, the top production state for the grain, traders said. End-of-week short covering and some bargain buying following a 1.4 per cent decline on Thursday also buoyed […]

By Mark Weinraub

May. 7, 2015 at 5:57 pm CDT

Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by forecasts for wet and warm weather in the Midwest that will foster early development of both crops in the coming weeks, traders said. Wheat futures also dropped after a sharp rally on Wednesday despite reports of […]

By Mark Weinraub

May. 6, 2015 at 6:37 pm CDT

Chicago | Reuters — U.S. wheat futures surged 2.7 per cent on Wednesday, bouncing back from near five-year lows on disappointing results from a crop tour and a crumbling U.S. dollar, traders said. The wheat gains, the most since April 1, spilled into the corn market, which also benefited from […]

By Mark Weinraub

May. 5, 2015 at 6:03 pm CDT

Chicago | Reuters — U.S. wheat futures sank 1.3 per cent on Tuesday, flirting with five-year lows after rain in key production areas boosted harvest prospects as the crop nears maturity, traders said. Poor export demand for U.S. supplies and strong yield projections from early results of a crop tour […]

By Mark Weinraub

May. 4, 2015 at 2:56 pm CDT

Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Monday, following a sharp rally in soyoil that stemmed from talk of rising demand on the export market. “I’ve heard some talk that China has an increased appetite for (soy)oil, said Bill Gentry, broker at Risk Management Associates. […]

By Mark Weinraub