Insights and Stories of Karl Plume

Mar. 28, 2019 at 5:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily […]

By Karl Plume

Mar. 28, 2019 at 3:29 pm CDT

Chicago | Reuters — U.S. soybean futures inched higher on Thursday as traders covered shorts and squared positions a day after a steep drop to four-month lows and on the eve of U.S. government stocks and planting reports. Corn futures were flat as improving crop prospects in South America offset […]

By Karl Plume

Mar. 27, 2019 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. […]

By Karl Plume

Mar. 27, 2019 at 3:40 pm CDT

Chicago | Reuters — U.S. soybean futures dropped to a four-month low on Wednesday on concern about the slow pace of U.S.-China trade talks, due to resume this week in Beijing, as harvesting of a bumper South American soy crop accelerates. Soybeans were further pressured by positioning ahead of U.S. […]

By Karl Plume

Mar. 26, 2019 at 5:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight […]

By Karl Plume