Insights and Stories of Karl Plume

Dec. 18, 2018 at 7:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a fourth consecutive session on Tuesday led by the actively traded February contract, which hit a 4-1/2-week low on pressure from its premium over cash hog prices. Ample hog and pork supplies weighed on nearby futures contracts, while […]

By Karl Plume

Dec. 17, 2018 at 5:30 pm CST

Reuters — U.S. soybean futures firmed on Monday after two sessions of declines as traders anticipated more purchases by China after the world’s top soy importer last week booked its first U.S. shipments in six months. Wheat futures climbed, supported by a weaker U.S. dollar and rising wheat prices in […]

By Karl Plume

Dec. 17, 2018 at 4:54 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third straight session on Monday as technical selling and profit-taking dragged prices to a 4-1/2-week low. Another steep sell-off in equities markets also stoked concerns that meat demand may not meet earlier expectations over the coming months. […]

By Karl Plume

Dec. 7, 2018 at 5:10 pm CST

Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on […]

By Karl Plume

Dec. 7, 2018 at 3:39 pm CST

Chicago | Reuters –– U.S. soybean futures firmed for the fifth time in six sessions on Friday on solid weekly export sales data and short-covering ahead of the weekend as the market waited for signs that China may soon resume purchases from the United States. Corn also advanced and wheat […]

By Karl Plume