Insights and Stories of Karl Plume

May. 17, 2018 at 5:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures bounced on Thursday on technical buying and short-covering following three days of steep declines that had sliced prices by more than five per cent, traders said. Optimism that a deal on a revamped North American Free Trade Agreement (NAFTA) could […]

By Karl Plume

May. 16, 2018 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 […]

By Karl Plume

May. 15, 2018 at 5:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply for a second straight session on Tuesday, pressured by technical selling and weakening cash cattle prices, traders said. Large numbers of slaughter-ready cattle are expected to continue flooding the market over near term and futures prices have slumped […]

By Karl Plume

May. 4, 2018 at 7:57 pm CDT

Beijing/Chicago | Reuters –– China’s major ports of entry have ramped up checks on fresh fruit imports from the U.S., five Chinese industry sources said, which could delay shipments from U.S. growers already dealing with higher tariffs as Sino-U.S. trade ties worsen. Fruits were among 128 U.S. goods that China […]

By Karl Plume, Yawen Chen

May. 3, 2018 at 9:07 pm CDT

Chicago | Reuters — Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed […]

By Karl Plume, P.J. Huffstutter