Insights and Stories of Karl Plume

Oct. 29, 2018 at 4:20 pm CDT

Chicago | Reuters – U.S. soybean futures slid to the lowest point in a month on Monday under pressure from a record-large U.S. harvest and dim export prospects due to the trade dispute between the United States and top importer China. Corn edged lower in a technical-selling and profit-taking setback […]

By Karl Plume

Oct. 25, 2018 at 5:57 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of […]

By Karl Plume

Oct. 25, 2018 at 5:00 pm CDT

Chicago | Reuters – The world’s four largest agribusinesses are working together to standardize and digitize international grain trades using technologies such as blockchain and artificial intelligence, the companies announced on Thursday. Archer Daniels Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co, known collectively as the ABCDs of […]

By Karl Plume

Oct. 24, 2018 at 4:34 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the […]

By Karl Plume

Oct. 12, 2018 at 7:53 pm CDT

Chicago | Reuters — U.S. soybean futures rose for a second straight session on Friday on short-covering and follow-through buying after a government report the prior day forecast a smaller-than-expected U.S. harvest. Corn also advanced after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. corn yield outlook in […]

By Karl Plume