Insights and Stories of Mark Weinraub

Aug. 2, 2013 at 1:55 pm CDT

U.S. soybean futures rose on Friday on technical buying after declines earlier in the week left the market oversold, traders said. Wheat also firmed as traders scrambled to cover short positions before the weekend. Chicago Board of Trade corn was mixed, with the front-month contract falling but deferred months pulled […]

By Mark Weinraub

Aug. 1, 2013 at 4:12 pm CDT

U.S. corn futures fell 2.4 per cent to their lowest in nearly three years on Thursday as yield-boosting weather across the U.S. Midwest raised already high expectations about a bumper harvest this fall. “The bears certainly took back control of the markets,” said Arlan Suderman, analyst with Water Street Solutions […]

By Mark Weinraub

Jul. 31, 2013 at 2:17 pm CDT

U.S. wheat futures rose for the fourth day in a row on Wednesday with bargain buyers stepping into what traders said was a technically weak market on concerns about production in key growing areas and a pick-up in export activity. The benchmark Chicago Board of Trade September soft red winter […]

By Mark Weinraub

Jul. 30, 2013 at 2:28 pm CDT

U.S. soybean futures fell 1.4 per cent on Tuesday as forecasts for cool temperatures and rain across the Midwest bolstered harvest prospects, traders said. Corn and wheat edged higher, with corn snapping a six-session losing streak due to bargain buying and wheat rising for the third straight day as export […]

By Mark Weinraub

Jul. 29, 2013 at 3:50 pm CDT

U.S. corn prices dipped to the lowest levels since October 2010 on Monday as forecasters predicted the crop in the U.S. Midwest would go through a key development phase in near-perfect weather conditions, traders said. “We have moderated the temperature significantly, eliminating most of the stress (on the crop),” said […]

By Mark Weinraub