Insights and Stories of Karl Plume

U.S. corn eases on harvest pressure, soybeans level

Oct. 5, 2012 at 5:39 pm CDT

U.S. corn futures fell 1.2 per cent on Friday as the Midwest harvest progressed at a record pace and after private forecaster Informa Economics raised its yield and production estimates for the drought-hit 2012 U.S. crop. Soybean futures finished unchanged as support from solid demand, including China buying 180,000 tonnes, […]

U.S. soybeans rally on damage to canola crop

Oct. 4, 2012 at 4:31 pm CDT

By Karl Plume kt-arasu

U.S. soybeans rebound in technical bounce

Oct. 3, 2012 at 6:35 pm CDT

By Karl Plume

U.S. soybeans hit three-month low on harvest pressure

Oct. 2, 2012 at 7:42 pm CDT

By Karl Plume

U.S. soybeans fall on active harvest in Midwest

Oct. 1, 2012 at 6:42 pm CDT

By Karl Plume

U.S. corn, wheat fall to multi-month lows

Sep. 27, 2012 at 4:42 pm CDT

U.S. corn futures fell to a three-month low on Thursday and wheat slid to a 2-1/2 month low, both sinking for a fourth straight day, pressured by technical selling and fund liquidation ahead of a government grain stocks report on Friday. Soybeans eased, weighed down by spillover pressure from sinking […]

By Karl Plume

U.S. lean hogs jump to one-month peak on firm cash

Sep. 21, 2012 at 4:01 pm CDT

U.S. lean hog futures jumped to a one-month high on Friday on positioning ahead of a government cold storage report and as firming cash markets and tightening hog supplies extended the strongest two-week rally since June. Live cattle futures traded mixed as investors squared positions and moved to the sidelines […]

By Karl Plume

U.S. soybeans drop on profit-taking, recent rains

Sep. 7, 2012 at 5:59 pm CDT

Soybean futures fell for a third straight day on Friday and snapped a five-week winning streak, as investors banked profits and recent rains in the farm belt looked set to help some of the crop recover from the worst drought in half a century. A lower-than-expected U.S. production forecast from […]

By Karl Plume

U.S. grains slip as crop tour offers better results

Aug. 22, 2012 at 6:16 pm CDT

U.S. corn and soybean futures eased Wednesday after reports of some better-than-expected yield prospects encouraged profit-taking from early week highs that stemmed from the country’s worst drought in 56 years. Wheat snapped a five-session streak of increases with additional pressure from prospects for a big Canadian crop, while corn and […]

By Karl Plume Rod Nickel

Mexico raids U.S. corn market, buys 1.516 million tonnes U.S. corn

Aug. 3, 2012 at 4:22 pm CDT

Mexico raided the U.S. corn market by making the biggest one-day purchase in over two decades this week, the first clear sign of global anxiety over the decimated U.S. crop. Mexico, the No 2 importer of U.S. corn after Japan, bought 1.516 million tonnes, the U.S. Agriculture Department said on […]

By Julie Ingwersen Karl Plume Reuters