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Karl Plume


Stories by Karl Plume

CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat drops as USDA raises global supply view

USDA lifts U.S. corn, soy yield views; stocks still tight

By Karl Plume November 10, 2022
Chicago | Reuters — U.S. wheat futures fell on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly raised its global supply outlook in a monthly report, citing larger crops […] Read more

Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe.  Photo: Thinkstock

Crop merchant Bunge raises full-year profit outlook

By Karl Plume October 26, 2022
Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent […] Read more


Photo: File
Livestock, Markets

U.S. livestock: Live cattle futures jump to 7-year peak as U.S. herd shrinks

By Karl Plume October 24, 2022
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied to a fresh seven-year high on Monday, lifted by expectations for tightening supplies following a monthly U.S. Department of […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans, corn ease as U.S. harvest progresses amid dull demand

By Karl Plume October 24, 2022
Chicago | Reuters – U.S. corn and soybean futures eased on Monday as concerns about dull demand anchored prices as newly harvested crops flooded the market. Wheat declined on weak […] Read more

File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)
Crops

Shallow Mississippi River expected to persist as dry winter hits U.S. South

River levels at historic lows this fall

By Karl Plume October 20, 2022
Reuters — Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern U.S. and Gulf Coast, U.S. government forecasters […] Read more


CBOT December 2022 soft red winter wheat (candlesticks) with Bollinger bands (20,2), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat drops on firm dollar, hopes for Black Sea talks

Lower wheat, dull demand weigh on corn, soybeans

By Karl Plume October 14, 2022
Chicago | Reuters — U.S. wheat futures fell on Friday, surrendering all the prior session’s gains on a stronger dollar and hopes of progress in negotiations to maintain a Ukrainian […] Read more

CME December 2022 lean hogs (candlesticks) with 20-, 30- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Lean hog futures rise on good demand

Cattle futures mostly lower

By Karl Plume October 14, 2022
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a near three-week high on Friday as strong demand and improved pork packer margins sparked buying ahead of […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Beef packer margins in negative territory

By Karl Plume October 14, 2022
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. […] Read more


CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat rallies as Russia threatens to quit Black Sea deal

Corn, soybeans pare losses as wheat gains

By Karl Plume October 13, 2022
Chicago | Reuters — U.S. wheat futures rebounded on Thursday from two days of declines on concerns that a Black Sea export corridor deal may not be renewed next month, […] Read more

CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle mostly up with consumption forecast

Chicago lean hogs also up on day

By Karl Plume October 12, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firmer on Wednesday as wholesale beef prices stabilized after a recent slide and as a monthly government report […] Read more

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