Insights and Stories of Karl Plume

Jan. 6, 2020 at 7:28 pm CST

Chicago | Reuters — U.S. live cattle futures jumped by as much as two per cent on Monday and feeder cattle futures rose by up to three per cent, propelled by strong cash market prices and tightening supplies of animals, analysts said. A $2 jump in cash cattle prices at […]

By Karl Plume

Jan. 6, 2020 at 5:20 pm CST

Chicago | Reuters — U.S. soybean futures recovered slightly on Monday from steep declines in the previous session as hopes for improved exports to China outweighed worries about rising tensions in the Middle East. Corn and wheat futures declined on technical selling and profit-taking from last week’s multi-month highs and […]

By Karl Plume

Dec. 19, 2019 at 4:57 pm CST

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with […]

By Karl Plume, P.J. Huffstutter

Dec. 10, 2019 at 3:38 pm CST

Chicago | Reuters — U.S. soybean futures firmed on Tuesday, rising for a sixth consecutive session on hopes that the United States and China will continue to progress toward an interim trade deal. Corn futures also edged higher on an improved trade outlook as Canada, Mexico and the United States […]

By Karl Plume

Nov. 12, 2019 at 1:45 pm CST

Chicago | Reuters – U.S. lean hog futures rose by as much as 3 percent on Tuesday on technical buying and short-covering, and as hopes for expanded pork exports to China more than offset pressure stemming from ample U.S. hog supplies, traders said. Rising pork prices and strong meatpacker margins […]

By Karl Plume