Insights and Stories of Mark Weinraub

Mar. 4, 2014 at 6:24 pm CST

Chicago | Reuters –– U.S. soybean and corn futures rose on Tuesday due to South American crop production woes that boosted prospects for U.S. supplies on the export market in the coming weeks, traders said. Corn received further support from the uncertainty over unrest in Ukraine, hitting its highest on […]

By Mark Weinraub

Feb. 20, 2014 at 4:14 pm CST

Chicago | Reuters — U.S. soybean futures firmed on Thursday, erasing losses made in the overnight trading session, on support from a government forecast for acreage expansion that came in below market expectations, traders said. Gains in the new-crop contracts outstripped old-crop offerings due to the plantings outlook. “While increased […]

By Mark Weinraub

Feb. 14, 2014 at 3:41 pm CST

Chicago | Reuters — U.S. wheat futures rose on Friday, hitting their highest level in 5-1/2 weeks on technical buying after prices passed through key benchmarks, traders said. Chicago Board of Trade soft red winter wheat rose on four of the last five trading sessions and the front-month contract notched […]

By Mark Weinraub

Feb. 13, 2014 at 5:21 pm CST

Chicago | Reuters — U.S. soybean futures jumped 1.6 per cent on Thursday to their highest in more than eight weeks, spurred by technical buying and firm export demand, traders said. A U.S. Agriculture Department report on Thursday morning said export sales of soybeans fell below market expectations but showed […]

By Mark Weinraub

Feb. 12, 2014 at 4:55 pm CST

Chicago | Reuters — U.S. soybean futures fell on Wednesday due to waning demand for U.S. supplies from China, the world’s top buyer of the oilseed, traders said. Wheat and corn futures reversed earlier gains to close lower on a bout of technical selling. Private exporters reported the cancellation of 270,000 […]

By Mark Weinraub