Insights and Stories of Mark Weinraub

Oct. 18, 2022 at 7:14 pm CDT

Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Tuesday on concerns that overseas buyers will turn to alternative supplies to meet their import needs, traders said. “Consistently high prices are slowly doing their job of eroding demand across the board, with Brazil in particular among a […]

By Mark Weinraub

Oct. 17, 2022 at 4:53 pm CDT

Chicago | Reuters — U.S. wheat futures ended slightly higher on Monday but closed well off their session peaks as traders monitored developments in efforts to keep a Black Sea shipping lane open for Ukraine grain exports. Corn futures sank on seasonal harvest pressure while soybeans firmed on bullish export […]

By Mark Weinraub

Oct. 17, 2022 at 4:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day […]

By Mark Weinraub

Oct. 7, 2022 at 4:09 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ended mixed on Friday as traders waited for fresh news to gauge demand levels. The most-active CME December lean hog futures contract LHZ2 dropped 0.625 cent to 77.15 cents per lb, with support noted around the contract’s 10-day moving average. Front-month October […]

By Mark Weinraub

Oct. 7, 2022 at 4:04 pm CDT

Chicago | Reuters – U.S. soybean futures rose on Friday, with bargain buying in focus after prices fell to their lowest since late July a day earlier, traders said. Corn futures also ended firm after posting sharp declines on Thursday. All three commodities traded in both positive and negative territory, with concerns […]

By Mark Weinraub