Insights and Stories of Karl Plume

Oct. 4, 2018 at 4:50 pm CDT

Chicago | Reuters — U.S. corn futures firmed on Thursday on concerns that several days of rainy weather expected across the U.S. Midwest could disrupt harvesting of what is forecast to be a bumper U.S. crop. Soybeans also drew support from the wet forecast, but shed gains late in the […]

By Karl Plume

Oct. 3, 2018 at 5:22 pm CDT

Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from […]

By Karl Plume

Oct. 2, 2018 at 3:55 pm CDT

Chicago | Reuters — U.S. corn and soybean futures firmed for a second day on Tuesday on expectations for improved demand following a recent price slump and as a rainy weather outlook for the Midwest threatened to stall harvesting. Futures jumped sharply on Monday on news of a newly negotiated […]

By Karl Plume

Oct. 1, 2018 at 4:40 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rallied on Monday, reversing the prior session’s steep losses, after the U.S., Canada and Mexico announced they had reached a deal on a trilateral pact to replace NAFTA. Corn gained nearly three per cent and soybeans more than one per cent […]

By Karl Plume

Sep. 14, 2018 at 7:15 pm CDT

Chicago | Reuters — U.S. live cattle futures ended sharply higher to limit up on Friday on in a short-covering and technical buying rally to six-month peaks fueled by strong demand for beef and expectations for higher cash market prices this week. Cattle traders are still waiting for more widespread […]

By Karl Plume