Insights and Stories of Karl Plume

Jan. 10, 2019 at 3:56 pm CST

Chicago | Reuters — U.S. soybean futures dropped nearly two per cent on Thursday, the steepest slide since Nov. 26, reversing a week of gains due to a lack new purchases by China following trade talks with the United States. Forecasts for a bumper Brazilian soybean crop added pressure despite […]

By Karl Plume

Jan. 9, 2019 at 5:45 pm CST

Chicago | Reuters — U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six on hopes that China will accelerate its purchases of U.S. agricultural products following three days of trade talks with the United States this week. Corn also firmed as traders anticipated the grain […]

By Karl Plume

Jan. 8, 2019 at 7:49 pm CST

Chicago | Reuters — U.S. soybean futures declined for the first time in five sessions on Tuesday in a profit-taking and technical setback after notching 3-1/2-week highs a day earlier. Losses were limited, however, by hopes that trade talks between Washington and Beijing will open the door for more U.S. […]

By Karl Plume

Jan. 7, 2019 at 5:57 pm CST

Chicago | Reuters — U.S. soybean futures rose on Monday for a fourth straight session and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China. Corn and wheat eased as some traders […]

By Karl Plume

Dec. 21, 2018 at 5:17 pm CST

Chicago | Reuters –– U.S. wheat futures fell nearly two per cent on Friday after Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world’s biggest wheat supplier. Soybeans dropped to a three-week low as favourable weather boosted crop […]

By Karl Plume