Insights and Stories of Karl Plume

Dec. 4, 2018 at 7:21 pm CST

Chicago | Reuters — U.S. lean hog futures fell for a second consecutive session on Tuesday on concern over a trade truce agreement reached over the weekend between the U.S. and China, the world’s top hog and pork market. Global stock markets tumbled on Tuesday as optimism waned that the […]

By Karl Plume

Dec. 3, 2018 at 5:38 pm CST

Chicago | Reuters — U.S. lean hog futures closed mostly lower on Monday in a profit-taking setback from near two-highs as traders awaited further confirmation of pork purchases by China following a thaw in tense trade relations over the weekend. At a gathering of G20 countries in Argentina on Saturday, […]

By Karl Plume

Dec. 3, 2018 at 4:33 pm CST

Chicago | Reuters — U.S. soybean futures rallied to their highest since at least August on Monday, joining a broad rally in commodity and equity prices after Washington and Beijing sealed a truce in a trade war that has halted nearly all U.S. soy shipments to the world’s top importer. […]

By Karl Plume

Nov. 16, 2018 at 6:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged on Friday and the three most active contracts closed up their daily trading limit on rising concerns about the spread of African swine fever in China, traders said. Technical buying accelerated gains, lifting several deferred-month contracts to life-of-contract highs. […]

By Karl Plume

Nov. 15, 2018 at 5:41 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for a fourth straight session on Thursday, lifted by technical buying and good demand for pork, traders said. Persistent concerns about the spread of African swine fever in China, the world’s top hog and pork producer, also underpinned prices […]

By Karl Plume