Insights and Stories of Mark Weinraub

Sep. 6, 2022 at 4:08 pm CDT

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said […]

By Mark Weinraub

Aug. 25, 2022 at 6:43 pm CDT

Chicago | Reuters — Chicago Board of Trade soybeans, wheat and corn futures fell on Thursday on a profit-taking setback after rallying earlier in the week, traders said. “We are just running into a bit of technical resistance across the board,” said Dan O’Bryan, a risk management specialist and broker […]

By Mark Weinraub

Aug. 24, 2022 at 5:52 pm CDT

Chicago | Reuters — U.S. corn futures steadied after hitting their highest in nearly two months on Wednesday, underpinned by concerns that hot and dry weather in the Midwest during key crop development periods limited how big the fall harvest will be, traders said. Wheat futures were strong, notching their […]

By Mark Weinraub

Aug. 23, 2022 at 4:12 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange hog futures fell on Tuesday, with strength in the soymeal market raising the prospects of increased feeding costs. Feeder cattle contracts were also weaker due to strong corn prices while live cattle edged higher on light technical buying. CME October lean hogs LHV2 fell 1.075 […]

By Mark Weinraub

Aug. 23, 2022 at 3:18 pm CDT

Chicago | Reuters – U.S. corn futures surged 4.2 percent to a 7-1/2-week high on Tuesday as a report on crop conditions and a tour of key growing areas in the Midwest raised concerns that the size of the U.S. harvest will fall below expectations. The potential for reduced yields […]

By Mark Weinraub