Mark Weinraub

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell 1.5 per cent on Thursday, their biggest decline in two weeks, on a profit-taking setback following a rally to their highest level since late October, traders said. Corn futures also sagged, with weakness in wheat prices weighing, but soybeans edged higher due to bargain buyers entering the […] Read more

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped 1.8 per cent on Wednesday on worries about waning demand from China, the world’s top buyer of the oilseed. Traders said there was talk that China had backed out of previously agreed purchases of both U.S. and Brazilian soy supplies, which could leave a glut of soybeans […] Read more

Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures rallied 2.9 per cent to their highest level in more than four months on Tuesday, supported by concerns that political unrest in Ukraine will disrupt exports and worries about dry soils limiting U.S. production, traders said. Some technical buying — the benchmark Chicago Board of Trade May contract […] Read more

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped Monday after the U.S. Agriculture Department made smaller-than-expected cuts to domestic stockpile and South American crop production forecasts, traders said. Corn futures also sagged, dropping 2.2 per cent from the six-month high hit last week, after USDA raised the global supply view. The declines in corn weighed […] Read more

Reading Time: 2 minutes 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 a continuous basis since mid-September. […] Read more

Reading Time: 2 minutes 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 acres will have near-term bearish […] Read more

Reading Time: 2 minutes 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 a weekly gain of 3.5 […] Read more

Reading Time: 2 minutes 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 that China, the world’s top […] Read more

Reading Time: 2 minutes 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 tonnes of U.S. soybeans previously […] Read more