Insights and Stories of Karl Plume

U.S. live cattle futures, lean hogs end mixed

Feb. 7, 2013 at 6:54 pm CST

Chicago Mercantile Exchange (CME) live cattle futures closed mixed on Thursday as early technical-selling pressure faded, but the market remained anchored by weak beef prices and poor packer margins, traders and analysts said. Hopes for higher cash cattle prices in the southern Plains this week supported the thinly traded spot […]

U.S. corn tumbles on weak demand, Brazil outlook

Feb. 7, 2013 at 6:50 pm CST

By Karl Plume

U.S. corn, soy drop on profit-taking, Argentine weather

Feb. 6, 2013 at 4:44 pm CST

By Karl Plume

Wetter Argentine forecast pressures U.S. corn

Feb. 5, 2013 at 4:22 pm CST

By Karl Plume

U.S. soy hits seven-week high amid Argentina dryness

Feb. 4, 2013 at 6:39 pm CST

By Karl Plume

U.S. soy drops on profit-taking

Jan. 31, 2013 at 6:23 pm CST

U.S. soybean futures turned lower on Thursday on profit-taking, after hitting a six-week high on Wednesday, as forecasts for better crop weather in South America eased concerns about harvest delays and production losses there. Corn posted an eight-week high overnight, tumbled along with soybeans as investors pocketed profits, then rallied […]

By Karl Plume

U.S. corn, soybeans slide on profit-taking

Dec. 8, 2012 at 7:47 pm CST

U.S. corn futures fell to a 2-1/2-week low on Friday in the steepest slide in nearly a month, pressured by technical selling and concerns that stockpiles are growing as elevated prices blunt demand. Soybeans retreated from one-month peaks and posted their biggest drop in three weeks on chart-based selling and […]

By Karl Plume

U.S. corn drops on poor exports

Dec. 6, 2012 at 8:37 pm CST

U.S. corn futures eased on Thursday on concerns about sluggish demand after a report showed last week’s export sales were well below expectations, although spillover support from a late-day rally in soybeans helped the market close above session lows. Soybeans finished at a one-month high in a late technical and […]

By Karl Plume

U.S. soybean futures gain one per cent

Dec. 3, 2012 at 6:25 pm CST

U.S. soybean futures hit a three-week high on Monday as adverse weather threatened production in Argentina and southern Brazil, two of the world’s top suppliers, but prices later slipped on spillover pressure from sinking corn and wheat prices. The first U.S. wheat purchase by Egypt’s state buyer since April fuelled […]

By Karl Plume

ADM makes play for Australia’s Graincorp

Oct. 19, 2012 at 6:03 pm CDT

U.S. agriculture giant Archer Daniels Midland raised the stakes in the global race for grains trading power on Friday, by seeking talks to buy smaller Australian shipper GrainCorp to build up its platform in Asia. While several of Illinois-based ADM’s up-and-coming rivals have focused on big deals in North America, […]

By Jane Wardell Karl Plume