Insights and Stories of Mark Weinraub

Aug. 7, 2014 at 2:59 pm CDT

Chicago | Reuters –– U.S. wheat futures fell from a 5-1/2-week high on Thursday on a round of profit-taking following a six-session rally that had pushed prices up 9.2 per cent, traders said. “We came pretty far, pretty fast off our lows,” said Chris Robinson, senior trader at Top Third […]

By Mark Weinraub

Aug. 5, 2014 at 3:15 pm CDT

Chicago | Reuters — U.S. soybean futures fell on Tuesday as expectations for a bumper U.S. harvest rose on overnight rains across a broad stretch of the Midwest and a government report showing the crop in better shape than expected, traders said. The storms, which eased lingering concerns about dry […]

By Mark Weinraub

Aug. 1, 2014 at 3:07 pm CDT

Reuters — U.S. soybean futures fell on Friday as forecasts for rain in the U.S. Midwest added to expectations the crop should pass through key stages of development without stress, traders said. “Weather forecasts continue to trend more and more beneficial as we enter the key soy development month,” said […]

By Mark Weinraub

Jul. 31, 2014 at 3:50 pm CDT

U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of […]

By Mark Weinraub

Jul. 30, 2014 at 3:31 pm CDT

CHICAGO, July 30 (Reuters) – U.S. wheat futures rose 1.4 per cent on Wednesday, rebounding from contract lows hit on Tuesday on a round of bargain buying and signs of overseas demand, traders said. Corn futures firmed  slightly, with bargain hunting and short covering providing a base of support following a 1.7 per cent decline […]

By Mark Weinraub