Insights and Stories of Karl Plume

May. 7, 2024 at 4:18 pm CDT

Chicago Mercantile Exchange live cattle futures firmed on Tuesday on technical buying, while lean hog contracts ended higher in a technical and short-covering rebound following four days of declines.

By Karl Plume, Reuters

Apr. 23, 2024 at 5:34 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.

By Karl Plume, Reuters

Apr. 22, 2024 at 5:36 pm CDT

Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.

By Ana Mano, Karl Plume, Reuters

Apr. 5, 2024 at 5:30 pm CDT

Chicago Mercantile Exchange live cattle futures plunged on Friday to the lowest point since mid-January as concerns about beef demand amid reports of avian influenza in cattle sparked fund long liquidation ahead of the weekend.

By Karl Plume, Reuters

Apr. 4, 2024 at 7:09 pm CDT

Chicago Mercantile Exchange live cattle futures firmed on Thursday in a bargain-buying rebound from the prior session's two-month lows, as some investors deemed the recent drop in prices to be overdone.

By Karl Plume, Reuters