Insights and Stories of Karl Plume

Feb. 14, 2018 at 6:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Wednesday, supported by lagging cattle weights and expectations for higher cash market prices this week. Packers will be battling for a smaller number of market-ready cattle on showlists after recent frigid weather in the U.S. Plains and […]

By Karl Plume

Feb. 14, 2018 at 1:32 pm CST

Chicago | Reuters — Agricultural merchant Bunge reported a worse-than-expected loss for the fourth quarter on Wednesday, the latest in a string of poor results that has left the company’s management fending off takeover bids from rivals. Several years of abundant grains supply on global markets have made it tough […]

By Karl Plume, P.J. Huffstutter

Feb. 13, 2018 at 7:15 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Tuesday, with nearby contracts weighed down by expectations for increased supplies of market-ready cattle beginning next month. Declines were limited by concerns that harsh winter weather last week in northern areas of the U.S. Plains and western […]

By Karl Plume

Feb. 12, 2018 at 5:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than two per cent on Monday in a short-covering and bargain-buying rebound from steep declines last week and as cash pork prices rose. The actively-traded Chicago Mercantile Exchange April contract touched a 4-1/2 month low early in the […]

By Karl Plume

Feb. 2, 2018 at 4:21 pm CST

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in […]

By Karl Plume