Insights and Stories of Karl Plume

U.S. grains: Soybeans recoup losses, but Brazil crop outlook caps gains

Dec. 3, 2024 at 2:35 pm CST

U.S. soybean futures rebounded on Tuesday in a short-covering and bargain-buying bounce from the prior day's losses, although gains were limited by favorable crop prospects in South America, where Brazil is due to harvest a record crop early next year.

U.S. livestock: Feeder cattle drop on profit taking after 10-session rally

Dec. 2, 2024 at 5:30 pm CST

By Karl Plume

U.S. grains: Soy down on record Brazil crop outlook

Dec. 2, 2024 at 2:43 pm CST

By Karl Plume Reuters

Rains swell Mississippi River, US soy exports flow at 4-year high

Nov. 26, 2024 at 10:25 am CST

By Julie Ingwersen Karl Plume Reuters

Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers

Nov. 13, 2024 at 12:17 pm CST

By Karl Plume Renee Hickman Reuters

Bunge profit tops estimates on grain, oilseed volumes; 2024 outlook intact

Oct. 30, 2024 at 2:16 pm CDT

Bunge exceeded Wall Street expectations for third-quarter profit on Wednesday as large global harvests provided the grain trader and processor enough volumes of soy, corn and other crops to blunt a hit from lower margins.

By Karl Plume Mrinalika Roy Reuters

US exporters race to ship soybeans as looming election stokes tariff worries

Oct. 22, 2024 at 10:09 am CDT

U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.

By Karl Plume Reuters

Hurricane Milton caused $1.5-$2.5 billion in losses to Florida agriculture

Oct. 17, 2024 at 2:56 pm CDT

Hurricane Milton caused an estimated $1.5 billion to $2.5 billion (C$2.1 billion to $3.4 billion) in damage to Florida's crops and agricultural infrastructure, according to a preliminary assessment released by the state's Department of Agriculture and Consumer Services on Thursday.

By Karl Plume Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn, soy down on South America rains; crude, equities sell-off

Oct. 15, 2024 at 4:02 pm CDT

U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.

By Karl Plume Reuters

U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

Oct. 7, 2024 at 5:56 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping […]

By Karl Plume