Insights and Stories of Karl Plume

Jul. 21, 2020 at 7:21 pm CDT

Chicago | Reuters — Bayer launched a pilot program in the United States and Brazil on Tuesday that will pay farmers for capturing carbon in cropland soils, making it the latest agriculture company to capitalize on environmental initiatives. The company seeks to enroll about 1,200 row crop growers in its […]

By Karl Plume

Jun. 29, 2020 at 10:37 pm CDT

Reuters — U.S. food and feed exporters are shipping goods to China with letters assuring the safety of their cargo in lieu of official declarations requested by Chinese authorities that guarantee coronavirus-free shipments, a U.S. agricultural export group said on Friday. The commitment statements, drafted by the Agriculture Transportation Coalition […]

By Karl Plume

Jun. 26, 2020 at 6:25 pm CDT

Chicago | Reuters — U.S. lean hog futures plunged by as much as the daily trading limit on Friday and ended sharply lower after the U.S. Department of Agriculture (USDA) estimated supplies above already-high trade expectations. Economic concerns amid rising novel coronavirus infections added pressure to hogs and also dragged […]

By Karl Plume

Jun. 26, 2020 at 4:19 pm CDT

Chicago | Reuters — U.S. corn and soybean futures fell for a fifth straight session on Friday on crop boosting rains across the Midwest and positioning ahead of government reports on U.S. plantings and stocks due next week. Wheat futures tumbled to contract lows, with soft red winter wheat hitting […]

By Karl Plume

Jun. 25, 2020 at 5:33 pm CDT

Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled […]

By Karl Plume