Insights and Stories of Karl Plume

Nov. 9, 2015 at 5:19 pm CST

Chicago | Reuters — U.S. wheat futures plunged more than four per cent on Monday on profit-taking and improving weather in some key wheat producing areas amid concerns that increasing global supplies will restrict U.S. wheat export demand. Corn futures fell for a third straight session and hit a two-month […]

By Karl Plume

Oct. 27, 2015 at 4:32 pm CDT

Chicago | Reuters — U.S. soybean futures rebounded on Tuesday after three sessions of declines on steady export demand and higher soymeal prices, although gains were capped by beneficial rains in dry production areas of Brazil, the world’s top supplier. Corn futures eased on a bumper U.S. harvest and sluggish […]

By Karl Plume

Oct. 24, 2015 at 3:25 am CDT

Chicago | Reuters — The U.S. Department of Agriculture on Friday signed off on a new genetically modified type of corn developed by Monsanto after a review concluded it posed no significant threat to agricultural crops, other plants or the environment. USDA’s Animal and Plant Health Inspection Service (APHIS) announced […]

By Karl Plume, P.J. Huffstutter

Oct. 7, 2015 at 7:17 pm CDT

Chicago | Reuters — Global commodities trader Cargill Inc. effectively navigated tumbling commodities markets and volatile currencies to turn in a 20 per cent gain in first-quarter profit, the privately held company said Wednesday. The Minnesota-based company’s grain and oilseed supply chain and energy businesses were standouts in the quarter […]

By Karl Plume

Sep. 30, 2015 at 7:42 pm CDT

Chicago | Reuters — U.S. farm co-operative and grains trader CHS Inc. would be interested in the Canadian grain handling assets of embattled commodities trader Glencore, but only if they came at a discounted price, CHS CEO Carl Casale said in an exclusive interview. As part of a debt-reduction plan, […]

By Karl Plume