Insights and Stories of Karl Plume

May. 22, 2014 at 2:26 am CDT

Chicago | Reuters — U.S. soybean futures rose more than two per cent for their biggest daily gain in eight months on Wednesday in a bargain-buying bounce from the prior session’s steep declines and on concerns about tight U.S. supplies ahead of the autumn harvest. Corn futures were mixed after […]

By Karl Plume

May. 20, 2014 at 4:43 pm CDT

Chicago | Reuters — Soybean futures fell on Tuesday in a profit-taking setback after hitting a 2-1/2 week high and as farmers were expected to accelerate spring planting under mild and mostly dry weather across the Midwest farm belt. Corn futures slumped for a fifth straight session and hit a […]

By Karl Plume

May. 20, 2014 at 3:08 am CDT

Chicago | Reuters — U.S. corn futures dropped for a fourth straight session on Monday, to their lowest level since March as periods of warm dry weather this week should accelerate planting across the Midwest after weeks of rain delays and unseasonable cold. Soybeans rallied along with surging soymeal futures […]

By Karl Plume

May. 8, 2014 at 4:05 pm CDT

Chicago | Reuters — U.S. soybean futures rebounded from three days of losses on Thursday and rose more than one per cent in a technical and short-covering bounce and corn firmed as investors squared positions ahead of a monthly crop report scheduled for release on Friday. Wheat futures retreated on […]

By Karl Plume

Apr. 24, 2014 at 5:18 pm CDT

Chicago | Reuters –– U.S. wheat futures jumped nearly two per cent on Thursday on concerns about dry conditions in the U.S. Plains winter wheat belt and some key production areas of Western Europe as well as worries about tensions in eastern Ukraine. Soybeans bounced back on bargain-buying after shedding […]

By Karl Plume