Insights and Stories of Mark Weinraub

Apr. 1, 2015 at 4:26 pm CDT

Chicago | Reuters — U.S. soybean futures jumped 1.6 per cent on Wednesday, their third straight day of gains, as the U.S. government’s forecast for smaller-than-expected plantings of the oilseed continued to fuel buying. Corn and wheat also rose, rebounding from sharp losses on Tuesday as bargain buyers stepped in […]

By Mark Weinraub

Mar. 31, 2015 at 12:19 pm CDT

Washington | Reuters — U.S. farmers were seen cutting their corn plantings by less than expected in 2015 even as supplies ballooned to the highest since 1987, U.S. government data showed on Tuesday. The U.S. Agriculture Department, in its closely watched prospective plantings report, also predicted that farmers would devote […]

By Mark Weinraub

Mar. 20, 2015 at 3:03 pm CDT

Chicago | Reuters –– U.S. corn, soybeans and wheat futures rallied on Friday as investors used a sharp drop in the dollar as an excuse to cover short positions ahead of the weekend, traders said. Investment funds had built up short positions in all three commodities at the beginning of […]

By Mark Weinraub

Mar. 19, 2015 at 4:26 pm CDT

Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for U.S. exports, traders said. “It was all about the U.S. dollar today, as the night session gapped higher on big volume off dollar-related […]

By Mark Weinraub

Mar. 18, 2015 at 4:06 pm CDT

Chicago | Reuters — U.S. soybean, wheat and corn futures rose on Wednesday, with the Federal Reserve’s announcement that it will be less patient in normalizing monetary policy jolting the market to session highs late in the trading day. Bargain buying and short covering also were supportive factors for the […]

By Mark Weinraub