Insights and Stories of Mark Weinraub

Oct. 7, 2014 at 4:25 pm CDT

Chicago | Reuters –– U.S. wheat and corn futures rose for the fifth straight day on Tuesday, with short-covering and technical buying in focus as investors scrambled to stake out positions ahead of a key government report, traders said. Soybeans closed lower, pressured by profit-taking after posting early gains and […]

By Mark Weinraub

Oct. 6, 2014 at 3:58 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rallied on Monday on concerns that the slowing pace of harvest in the U.S. Midwest will delay deliveries of much-needed supplies, traders said. “We have got a wetter forecast,” said Bill Gentry, a broker at Risk Management Commodities in Lafayette, Indiana. […]

By Mark Weinraub

Sep. 19, 2014 at 4:35 pm CDT

Chicago | Reuters — U.S. wheat futures fell 2.9 per cent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices. “Nearly every session wheat futures establish new contract lows, as supplies […]

By Mark Weinraub

Sep. 18, 2014 at 3:36 pm CDT

Chicago | Reuters –– U.S. soybean futures fell 1.1 per cent to their lowest in more than four years on Thursday as farmers resumed harvesting in parts of the U.S. Midwest as fields began to dry out, traders said. Wheat and corn futures fell too, with wheat also hitting its […]

By Mark Weinraub

Sep. 17, 2014 at 3:27 pm CDT

Chicago | Reuters –– Chicago Board of Trade soybeans and wheat firmed slightly on Wednesday as bargain hunters stepped into the market to provide a boost to commodities that were trending near four-year lows, traders said. Corn futures sagged as a likely record U.S. harvest in the coming weeks will […]

By Mark Weinraub