Insights and Stories of Karl Plume

Jun. 29, 2022 at 9:13 am CDT

Chicago | Reuters – U.S. farm technology firm Indigo Agriculture on Wednesday said its carbon farming program has produced 20,000 tonnes in soil carbon credits that it will sell as emissions offsets to buyers including JPMorgan Chase JPM.N, Barclays BARC.L and The North Face. They are the first agricultural soil […]

By Karl Plume

Apr. 25, 2022 at 5:15 pm CDT

Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia’s invasion of Ukraine, analysts said ahead of earnings releases this week. Both […]

By Karl Plume

Mar. 1, 2022 at 7:47 pm CST

Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have […]

By Karl Plume

Feb. 25, 2022 at 7:10 pm CST

Chicago | Reuters — U.S. wheat futures tumbled on Friday in a profit-taking setback after peaking earlier at the highest level since mid-2008 as investors turned back to equities and traders assessed potential disruption to supplies from Russia’s invasion of Ukraine. Corn eased from Thursday’s eight-month peak, while soybeans slipped […]

By Karl Plume

Feb. 24, 2022 at 6:09 pm CST

Chicago | Reuters — U.S. wheat futures spiked by their daily trading limit on Thursday to their highest since mid-2012 and corn futures touched eight-month peaks after Russian forces attacked Ukraine, exacerbating worries over global grain supplies. Soyoil futures notched an all-time high on concerns about global vegetable oil supplies […]

By Karl Plume