Insights and Stories of Karl Plume

Aug. 11, 2025 at 3:01 pm CDT

U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.

By Karl Plume, Reuters

Aug. 5, 2025 at 9:43 am CDT

Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.

By Karl Plume, Katha Kalia, Reuters

Jul. 11, 2025 at 11:17 am CDT

The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.

By Karl Plume, Reuters

Jul. 3, 2025 at 3:04 pm CDT

U.S. corn and soybean futures firmed on Thursday on short covering and positioning ahead of the long U.S. Independence Day holiday weekend and a speech by President Donald Trump in farm-state Iowa later on Thursday.

By Karl Plume, Reuters

Jul. 3, 2025 at 3:00 pm CDT

Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.

By Karl Plume, Reuters