Insights and Stories of Karl Plume

May. 12, 2011 at 10:55 pm CDT

The grain harvest in the U.S. South typically kicks off in August, and supplies are quickly grabbed by exporters to be shipped across the globe. But not this year. Massive flooding that has submerged about three million acres of crop land will delay the start of the export season in […]

By Karl Plume

May. 11, 2011 at 10:59 pm CDT

Nearly three million acres of farmland in three southern U.S. states have been submerged by flood waters from the raging Mississippi River and its smaller tributaries, adding to troubles in seeding this year’s crops in the world’s top grain exporter. Although the area constitutes one per cent land seeded with […]

By Karl Plume

Apr. 8, 2011 at 6:26 am CDT

U.S. corn prices will keep rising to new highs over the coming months, a new Reuters poll has found, as demand from ranchers and ethanol makers proves better able to withstand record costs than many thought. The forecasts will compound inflation concerns as higher feed costs filter through to beef […]

By Karl Plume