Insights and Stories of Karl Plume

Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop

Feb. 5, 2025 at 2:30 pm CST

U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.

ADM quarterly profit falls on weak crush margins, announces layoffs

Feb. 4, 2025 at 9:31 am CST

By Karl Plume

China’s state importer books US soy purchases as tariff threat looms

Dec. 20, 2024 at 10:52 am CST

By Karl Plume Reuters

U.S. livestock: Live cattle mixed as technical selling offsets lift from firm cash

Dec. 6, 2024 at 5:15 pm CST

By Karl Plume Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn rises on technical buying, soy and wheat end mixed

Dec. 6, 2024 at 5:11 pm CST

By Karl Plume Reuters

U.S. livestock: Cattle futures drop on profit taking, weaker beef values

Dec. 5, 2024 at 5:23 pm CST

Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said.

By Karl Plume Reuters

U.S. grains: Soybeans rise in vegoils rally after Canada cuts canola crop

Dec. 5, 2024 at 2:56 pm CST

U.S. soybean futures firmed on Thursday, led by strong gains in soyoil as a smaller-than-anticipated canola harvest outlook in Canada stoked worries about tightening global vegetable oil supplies.

By Karl Plume Reuters

U.S. livestock: Cattle futures recoil from highs as packer losses deepen

Dec. 4, 2024 at 5:51 pm CST

Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.

By Karl Plume Reuters

U.S. grains: Soybeans fall as good South America weather lift crop prospects

Dec. 4, 2024 at 2:42 pm CST

U.S. soybean futures fell on Wednesday on favorable crop weather in South America and concerns about the incoming Trump administration's hawkish approach to trade with top importer China.

By Karl Plume Reuters

U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets

Dec. 3, 2024 at 5:26 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to […]

By Karl Plume