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Karl Plume


Stories by Karl Plume

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans, wheat gain in commodities rebound

Biofuel worries cap corn

By Karl Plume August 23, 2021
Chicago | Reuters — U.S. soybean futures firmed on Monday in a modest recovery from last week’s two-month low as crude oil markets rebounded and lifted soyoil prices more than […] Read more

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

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

CME lean hogs also up off Thursday losses

By Karl Plume August 20, 2021
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef […] Read more


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

U.S. livestock: CME cattle, hogs drop in broader commodities sell-off

Investors take 'risk-off' approach, U.S. dollar surges

By Karl Plume August 20, 2021
Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for […] Read more

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

U.S. livestock: CME cattle up on firm cash market, beef prices

Speculative buying, cash pork prices lift lean hogs

By Karl Plume August 18, 2021
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast […] Read more

The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)
Crops, Machinery

The Andersons to pay debt, invest in core units after rail business sale

Renewable fuels, specialty foods investments considered

By Karl Plume August 18, 2021
Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable […] Read more


A sharply smaller spring wheat harvest due to drought may force bakers to change how they work with flour.  Photo: DanielBendjy/E+/Getty Images

Millers, bakers fret as drought withers North America’s spring wheat

By Karl Plume, Rod Nickel August 5, 2021
Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains […] Read more

North Dakota is the biggest U.S. producer of spring wheat, used in artisanal breads, pizza dough and bagels.  Photo: Thinkstock
Crops

Southern, eastern North Dakota spring wheat yields hurt by drought

By Karl Plume July 28, 2021
Mandan, N.D. | Reuters – Spring wheat yields in southern and east central North Dakota are well below average as a severe drought slashed production potential in the country’s top […] Read more

CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and August 2021 live cattle (red line). (Barchart)
Livestock, Markets

U.S. livestock: Hogs drop on weaker pork, falling prices in China

Live cattle down with cash beef prices; feeder cattle up as corn eases

By Karl Plume June 21, 2021
Chicago | Reuters — U.S. lean hog futures fell sharply on Monday, continuing a retreat from multi-year highs set earlier this month as cash pork prices dropped and worries increased […] Read more


CBOT July 2021 soybeans (candlesticks) with Bollinger bands (20,2) and November 2021 soybeans (yellow line). (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on long-term forecast, China demand

Wheat mixed on winter crop harvest, spring wheat drought

By Karl Plume June 21, 2021
Chicago | Reuters — U.S. soybean futures advanced on Monday on renewed buying by China and as concerns lingered about dry conditions in western portions of the Midwest farm belt […] Read more

CBOT July 2021 soybeans (candlesticks) with 20-day moving average (dark green line) and CBOT July 2021 corn (orange line, left column). (Barchart)
Crops, Markets

U.S. grains: Corn, soy drop; soyoil limit-down

Spring wheat futures guide wheat markets lower

By Karl Plume June 12, 2021
Chicago | Reuters — U.S. corn and soybean futures eased and soyoil futures plunged by their daily trading limit on Friday on concerns about demand for renewable fuel feedstocks after […] Read more

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