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Karl Plume


Stories by Karl Plume

CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle hit fresh high

Higher cash values, beef demand support futures

By Karl Plume November 24, 2021
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, […] Read more

CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (orange line) and MGEX March 2022 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: Markets retreat on pre-Thanksgiving liquidation

CBOT wheat down off peak; corn, soy also slide

By Karl Plume November 24, 2021
Chicago | Reuters — U.S. wheat futures fell from multi-year highs on Wednesday and corn and soybeans eased in a profit-taking and liquidation sell-off ahead of the U.S. Thanksgiving holiday. […] Read more


CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle notch 4-1/2 year high

Lean hogs gain on good demand

By Karl Plume November 23, 2021
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a fifth consecutive session on Tuesday and the front-month contract reached its highest in 4-1/2-years on a […] Read more

CBOT March 2022 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Wheat rallies to nine-year peaks on supply worries

Corn extends gains, soybeans ease ahead of holiday

By Karl Plume November 23, 2021
Chicago | Reuters — U.S. winter wheat futures rose to nine-year highs on Tuesday as declining weekly U.S. crop condition ratings stoked supply concerns and sparked fresh buying that more […] Read more

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

U.S. livestock: Live cattle notch 4-1/2-year high

Lean hogs gain on good demand

By Karl Plume November 23, 2021
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) climbed for a fourth straight session on Monday, with front-month contract hitting a fresh 4-1/2-year high on […] Read more


Crops, Markets

U.S. grains: Wheat soars to nine-year peak on supply concerns, strong demand

By Karl Plume November 23, 2021
Chicago | Reuters — U.S. wheat futures rallied to their highest in nearly nine years on Monday as ill-timed rains in Australia and rising Russian wheat prices stoked concerns about […] Read more

Photo: iStock/Getty Images
Crops

U.S. farm co-op CHS to pay members to enrol in Bayer carbon farming program

By Karl Plume November 3, 2021
Reuters – Agricultural seeds and chemicals supplier Bayer AG is expanding its carbon farming program to members of U.S. farm cooperative CHS Inc, boosting incentives for members to participate in […] Read more

Photo: iStock/Getty Images
Markets

Bunge raises 2021 profit outlook on higher food, renewable fuel demand

By Arunima Kumar, Karl Plume October 27, 2021
Bunge Ltd reported stronger-than-expected third-quarter results and raised its full-year profit outlook on Wednesday for a third time this year amid improved demand for food and renewable fuel as pandemic […] 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 profit more than doubles on strong crush margins, vegoil demand

By Arunima Kumar, Karl Plume October 26, 2021
Global grain trader Archer-Daniels-Midland Co said on Tuesday its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and […] Read more

Soybeans being loaded for shipping.
Markets, News

U.S. grain exports sink as Gulf terminals struggle to recover from Hurricane Ida

By Karl Plume October 4, 2021
Reuters – U.S. grain exports slumped to their lowest level in years in early September as shippers struggled to restart loading operations along the Louisiana Gulf Coast after Hurricane Ida […] Read more

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