Insights and Stories of Karl Plume

Oct. 17, 2013 at 3:26 pm CDT

U.S. soybean futures staged their strongest rally in five weeks on Thursday and wheat posted the steepest gain in a week, spurred by technical and bargain buying as the U.S. government returned to work and the dollar fell. Corn prices were flat, supported by good export demand but anchored by […]

By Karl Plume, Sam Nelson

Oct. 16, 2013 at 2:07 pm CDT

U.S. corn futures fell on Wednesday for the first time in three sessions as forecasts for mostly dry harvest weather over the next week weighed on the market, though declines were limited by good export demand. Wheat drifted lower for a second day, pressured by sinking corn and improved crop […]

By Karl Plume

Oct. 15, 2013 at 3:16 pm CDT

U.S. corn futures jumped more than one per cent on Tuesday on bargain buying and short-covering after prices for the feed grain hit three-year lows this week. Wheat futures retreated as investors unwound wheat/corn spreads and as an expected move by India to lower wheat export prices threatened to blunt […]

By Karl Plume

Oct. 15, 2013 at 3:57 am CDT

U.S. soybean futures rebounded from a 20-month low on Monday and corn rose slightly from a 37-month low as rain was expected to stall the Midwest harvest this week followed by frigid weather which could damage crops in some areas. Prices for both commodities, however, remain anchored by expectations for […]

By Karl Plume

Sep. 10, 2013 at 5:01 pm CDT

The U.S. Coast Guard is still investigating what caused a grain barge to drift away from its moorings and into the shipping channel on a river in the Pacific Northwest late last week, a Coast Guard spokesman said Tuesday. The 12.8-metre wide, 74.7-metre long barge was later safely retrieved and […]

By Karl Plume