Insights and Stories of Karl Plume

Dec. 11, 2014 at 3:38 pm CST

Chicago | Reuters — U.S. wheat futures rallied 2.6 per cent on Thursday, ending a choppy trading session with a late-day surge on short-covering and fund buying amid talk of a slowdown in exports from Russia. Corn futures rose to a one-month high on strong export sales and technical buying, […]

By Karl Plume

Nov. 22, 2014 at 11:45 am CST

Reuters — Archer Daniels Midland sued seed company Syngenta on Wednesday over sales of a genetically modified corn variety not approved for import by China, joining more than 100 farmers and exporters in pursuing damages from the Swiss company. The lawsuit alleges Syngenta commercialized the MIR162 corn variety, also known […]

By Karl Plume

Nov. 13, 2014 at 6:40 pm CST

Reuters — A consortium of farmer organizations and agriculture data technology providers on Thursday published a set of data privacy and security principles aimed at reassuring farmers that data they share with Big Data services providers will not be misused. The non-binding principles are also meant to provide companies that […]

By Karl Plume

Oct. 23, 2014 at 5:26 pm CDT

Chicago | Reuters — U.S. soybean futures rallied more than three per cent to a five-week high on Thursday on robust export demand and tight cash market supplies, with late-session technical buying adding to gains. Corn futures gained nearly two per cent and wheat climbed to a 1-1/2 month high […]

By Karl Plume

Oct. 9, 2014 at 3:31 am CDT

Reuters — The top U.S. rail regulator ruled on Wednesday that all Class 1 railroads operating in the United States must provide detailed weekly freight service reports, a decision that cited months of congestion that have hit the grain and power industries particularly hard. Carriers must submit detailed data on […]

By Karl Plume