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Karl Plume


Stories by Karl Plume

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

U.S. grains: Futures plunge after USDA raises supply outlook, trims some demand

Larger corn, soybean supplies in forecast

By Karl Plume July 12, 2022
Chicago | Reuters — U.S. grain and soybean futures fell sharply on Tuesday after the U.S. Department of Agriculture (USDA) boosted key crop supply forecasts and scaled back some demand […] Read more

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

U.S. grains: Soy, corn firm on weather worries

CBOT wheat drops; grain traders also positioning ahead of Tuesday's USDA report

By Karl Plume July 12, 2022
Chicago | Reuters — U.S. corn and soybean futures climbed on Monday on forecasts for hot, dry conditions across the Midwest farm belt as well as technical buying and positioning […] Read more


CME August 2022 live cattle (candlesticks) with 20-, 50- and 200-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle jump on cash market premiums

Feeder cattle firm, lean hogs mixed

By Karl Plume July 12, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts firmed on Monday on technical buying and support from the premium of cash market prices to the actively traded front-month […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans end mostly lower, grains plunge after USDA acres data

By Karl Plume June 30, 2022
Chicago | Reuters – U.S. soybean futures closed mostly lower on Thursday as midsession support from a lower-than-expected U.S. crop acreage estimate and tightening stocks was eclipsed by broader economic […] Read more

Photo: Thinkstock
Markets

Indigo Ag to roll out first tranche of farm soil carbon credits

By Karl Plume June 29, 2022
Chicago | Reuters – U.S. farm technology firm Indigo Agriculture on Wednesday said its carbon farming program has produced 20,000 tonnes in soil carbon credits that it will sell as […] Read more


The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
 Photo: REUTERS/Brendan McDermid
Markets

ADM, Bunge expected to post strong results as Ukraine war ignites demand

By Karl Plume April 25, 2022
Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs […] Read more

Soil biology is garnering more attention as crop input costs rise.
News

Farmers test microbes to nourish crops as climate pressure grows, costs rise

Soil biologicals are getting a lot of attention and research money

By Karl Plume, Rod Nickel March 10, 2022
Tech companies are raising hundreds of millions of dollars, including backing from agriculture heavyweights like Bayer AG, to develop farm products that use living things like microbes and seaweed to […] Read more

(Dave Bedard photo)
Crops

Bunge says sanctions may have ‘adverse effect’ on Russian operations

By Karl Plume March 2, 2022
Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge […] Read more


CBOT May 2022 wheat (candlesticks) with K.C. May 2022 wheat (orange line) and MGEX May 2022 wheat (dark green line). (Barchart)
Crops, Markets

U.S. grains: Wheat limit down as Ukraine conflict assessed

Corn off eight-month peak, soybeans off 9-1/2-year top

By Karl Plume February 26, 2022
Chicago | Reuters — U.S. wheat futures tumbled on Friday in a profit-taking setback after peaking earlier at the highest level since mid-2008 as investors turned back to equities and […] Read more

CBOT May 2022 wheat (candlesticks) with 20- and 100-day moving averages (green and black lines) and K.C. May 2022 wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat limit up after Russia invades Ukraine

Soyoil futures hit all-time high on vegoil supply concerns

By Karl Plume February 25, 2022
Chicago | Reuters — U.S. wheat futures spiked by their daily trading limit on Thursday to their highest since mid-2012 and corn futures touched eight-month peaks after Russian forces attacked […] Read more

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