Insights and Stories of Karl Plume

Eight Mississippi River locks to close due to flood

Apr. 18, 2013 at 5:43 pm CDT

Eight Mississippi River locks between Muscatine, Iowa, and Clarksville, Missouri, were expected to close beginning on Friday as the rain-swollen waterway rises above flood stage, the U.S. Army Corps of Engineers said Thursday. Corn and soybean prices at Gulf of Mexico export terminals jumped by at least US10 cents a […]

U.S. soybeans jump on tight supplies, wheat rally stalls

Apr. 17, 2013 at 4:15 pm CDT

By Karl Plume

Labour talks at U.S. Northwest grain ports stall

Mar. 26, 2013 at 9:31 am CDT

By Karl Plume

U.S.-bound Ont. corn seen over million-tonne mark

Mar. 22, 2013 at 3:10 pm CDT

By Karl Plume Rod Nickel

U.S. soybeans drop for fourth straight day on weak demand

Mar. 15, 2013 at 4:27 pm CDT

By Karl Plume

U.S. wheat gains for sixth day on rising demand

Mar. 14, 2013 at 8:34 pm CDT

U.S. wheat futures rose for a sixth straight session on Thursday on robust demand from domestic livestock feeders and exporters, which booked their biggest weekly sales in two years last week. Corn prices climbed for the fifth time in six sessions, supported by concerns about tight old-crop supplies and a […]

By Karl Plume

U.S. soy drops on slowing demand for exports

Mar. 14, 2013 at 11:05 am CDT

U.S. soybean futures tumbled for a second straight day on Wednesday on slowing global demand for the remnants of last autumn’s U.S. harvest as South American supplies begin to flood the market. Corn prices declined on profit-taking and technical selling, snapping a four-session streak of gains. Additional pressure came from […]

By Karl Plume

U.S. corn climbs for fourth day on supply concern

Mar. 12, 2013 at 4:27 pm CDT

U.S. corn futures climbed for a fourth straight session on Tuesday on technical and speculative buying and amid concerns over tight supplies of the feed grain. Wheat futures followed corn higher while soybeans drifted lower in light trading, under pressure from a lack of fresh buying by top importer China. […]

By Karl Plume

U.S. soy drops on bearish government supply view

Feb. 8, 2013 at 5:08 pm CST

U.S. soybean futures tumbled 2.3 per cent on Friday after the U.S. Department of Agriculture raised its forecast for global supplies at the end of the September-to-August marketing year above trade expectations, as a cut to Argentina’s crop was offset by a rise in Brazil’s. Corn pared earlier gains and […]

By Karl Plume

U.S. live cattle drop on beef output forecast

Feb. 8, 2013 at 4:55 pm CST

Chicago Mercantile Exchange (CME) live cattle futures tumbled on Friday after the U.S. Department of Agriculture sharply raised its 2013 beef production forecast and cash cattle traded at lower-than-expected prices, traders and analysts said. Futures were further pressured by concerns that a severe snowstorm in the heavily populated U.S. northeast […]

By Karl Plume