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Karl Plume


Stories by Karl Plume

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: USDA cuts soy, corn crop outlooks, trims demand

Large Russian wheat supplies temper war worries

By Karl Plume October 12, 2022
Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports […] Read more

The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)
Crops, Markets

U.S. barge backlog swells on parched Mississippi River

By Karl Plume October 5, 2022
Chicago | Reuters –– Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and […] 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: CME live cattle up on demand, tightening supplies

Hogs up on technical bounce

By Karl Plume September 9, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday in tandem with higher equities and energy markets as a robust slaughter pace and concerns about reduced […] Read more

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat rally ahead of USDA report next week

Fresh uncertainty about Ukrainian grain exports raises concerns

By Karl Plume September 9, 2022
Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Friday, lifted by technical buying and short covering along with spillover support from higher equities and energy markets. […] Read more

CME December 2022 lean hogs (candlesticks) with 100-day moving average (black line, right column) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs mostly lower on weak cash market

Chicago live cattle mixed, feeders up

By Karl Plume September 8, 2022
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly lower on Thursday as eroding cash hog prices weighed on the market along with weaker wholesale pork prices […] Read more


CME October 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures dip in technical, profit-taking pullback

CME hogs end day mixed

By Karl Plume August 9, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday in a technical-selling and profit-taking setback from 3-1/2 month highs posted in the prior session. Sharply lower […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans gain as U.S. crop ratings decline

Restart of Ukraine sea exports anchors wheat

By Karl Plume August 9, 2022
Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that […] Read more

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

By Karl Plume August 8, 2022
Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently […] Read more


Photo: File

Good weather, moisture boost northern North Dakota spring wheat prospects

By Karl Plume July 28, 2022
Devil’s Lake, N.D. | Reuters – Good weather and rains lifted spring wheat yields across northwest and north central North Dakota, although the lagging maturity of the late-planted crop may […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle reach three-week peak

Lean hogs mixed; U.S. Plains heat wave looms

By Karl Plume July 12, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a three-week high on Tuesday on sinking corn feed prices and concerns that hot, dry weather at central and […] Read more

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