Insights and Stories of Karl Plume

Sep. 8, 2022 at 5:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly lower on Thursday as eroding cash hog prices weighed on the market along with weaker wholesale pork prices and slumping pork exports. Technical buying helped to underpin the actively traded October contract, the only month that closed higher […]

By Karl Plume

Aug. 9, 2022 at 5:30 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday in a technical-selling and profit-taking setback from 3-1/2 month highs posted in the prior session. Sharply lower feeder cattle futures amid higher corn feed costs put further pressure on live cattle contracts, as both livestock markets took […]

By Karl Plume

Aug. 9, 2022 at 4:22 pm CDT

Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that hot, dry weather in the western Midwest forecast would continue to stress crops. Wheat was also firmer as the dollar […]

By Karl Plume

Aug. 8, 2022 at 3:04 pm CDT

Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by […]

By Karl Plume

Jul. 28, 2022 at 9:21 am CDT

Devil’s Lake, N.D. | Reuters – Good weather and rains lifted spring wheat yields across northwest and north central North Dakota, although the lagging maturity of the late-planted crop may limit harvest prospects in the top producer of the high-protein grain, scouts on an annual tour said on Wednesday. Crop […]

By Karl Plume