Insights and Stories of Karl Plume

Jan. 17, 2018 at 3:38 pm CST

Chicago | Reuters — U.S. corn futures climbed more than one per cent on Wednesday on short-covering and technical buying after recent contract lows and on expectations that a weaker U.S. dollar may revive slumping export demand. Wheat also rose about one per cent after hitting one-month lows in the […]

By Karl Plume

Jan. 16, 2018 at 4:12 pm CST

Chicago | Reuters — U.S. wheat futures fell to a one-month low on Tuesday, pressured by ample global grain supplies and a government forecast on Friday that said U.S. farmers planted more winter wheat this season than had been expected. Soybeans climbed to a one-week high on short-covering and concerns […]

By Karl Plume

Jan. 5, 2018 at 7:48 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell sharply on Friday and hit daily trading limits on weaker cash market prices and easing concerns that frigid weather in feedlot areas could disrupt marketings. Fund selling, or “rolling,” of lead-month positions into deferred months ahead of similar moves […]

By Karl Plume

Jan. 4, 2018 at 5:37 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures turned lower on Thursday in a technical selling and profit-taking setback and on concerns of a slowdown in beef demand in the storm-hit eastern United States, traders said. A winter storm continued its march up the U.S. East Coast on […]

By Karl Plume

Jan. 2, 2018 at 4:49 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied about 1.5 percent on Tuesday on fund buying and stronger cash cattle and beef prices, traders said. Frigid temperatures in U.S. Plains cattle producing areas also supported futures as such weather could slow down cattle weight gains, making them […]

By Karl Plume