Insights and Stories of Mark Weinraub

Jul. 24, 2012 at 4:57 pm CDT

U.S. grain prices extended their drop from record highs on Tuesday as forecasts for rain offered soybean crops some relief from the worst drought in half a century, triggering profit-taking from a blistering month-long rally. While some traders said this week’s retreat suggested consumers may have seen the worst of […]

By Mark Weinraub

Jul. 5, 2012 at 8:03 pm CDT

U.S. corn surged nearly four per cent on Thursday, extending one of its biggest rallies ever, while soybeans jumped to within 20 cents of their record high as new forecasts offered no sign of rain relief for withering crops. With fields now at the mercy of what may be the […]

By Mark Weinraub, Rod Nickel

Jul. 5, 2012 at 7:47 pm CDT

The U.S. Midwest will remain extremely hot and dry the next few days, adding more stress to crops already damaged by a summer heat wave, but some relief rains are expected over the weekend, forecasters said. All-time high temperatures were forecast for many U.S. Midwest cities on Thursday. The midday […]

By Christine Stebbins, Mark Weinraub

Oct. 14, 2011 at 11:45 pm CDT

The surprise drop in U.S. corn feed demand this summer may be only the beginning of a year-long reduction as chicken and hog producers break a long-held aversion to blending more wheat into rations. What initially began as a summer fling with an unprecedented premium for corn prices over wheat […]

By Julie Ingwersen, Mark Weinraub

Sep. 19, 2011 at 7:00 am CDT

Spotty rain showers improved soil moisture in some key growing areas of the parched U.S. Plains, but high temperatures could dry areas out again in the coming days, a private forecaster said Monday. “It was good in some areas and not good in others,” said Drew Lerner, president and senior […]

By Mark Weinraub