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Karl Plume


Stories by Karl Plume

CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and July 2021 lean hogs (pink open/high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

Profit-taking drags on hogs

By Karl Plume May 25, 2021
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about […] Read more

CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn rebounds on technicals, sales to China

Soybeans also gain; wheat weak on improving U.S. crop

By Karl Plume March 20, 2021
Chicago | Reuters — U.S. corn and soybean futures rebounded on Friday in an end-of-week technical and bargain buying bounce from steep losses the previous day. Corn received an additional […] Read more


CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs resume climb on robust demand

Cattle down ahead of USDA report

By Karl Plume March 20, 2021
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly higher on Friday, rebounding from sharp declines the previous day as strong pork demand and tight hog supplies […] Read more

CBOT May 2021 corn (candlesticks) with Bollinger bands (20,2) and May 2021 WTI crude (black line). (Barchart)
Crops, Markets

U.S. grains: Corn, soy slump in broad-based commodities selloff

Weekly corn export sales top estimates, China buys more

By Karl Plume March 18, 2021
Chicago | Reuters — U.S. corn and soybean futures fell on Thursday as a firm U.S. dollar and tumbling energy prices, with crude oil down more than eight per cent, […] Read more

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

U.S. livestock: Cattle, hogs follow broader commodities markets lower

"We were a little top heavy coming in"

By Karl Plume March 18, 2021
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures posted steep losses in most contracts on Thursday as a broad-based commodities market selloff, led by sinking crude oil […] Read more


CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans slide on slowing exports, Argentina rains

USDA confirms more U.S. corn sales to China

By Karl Plume March 18, 2021
Chicago | Reuters — U.S. soybean futures retreated on Wednesday on slowing export sales as global demand shifts to South American supplies and as U.S. farmers prepare to dramatically increase […] Read more

CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs climb to 6-1/2-year high

Cattle futures follow hogs higher

By Karl Plume March 18, 2021
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a second straight session on Wednesday and the spot contract rose to the highest in 6-1/2 years on […] Read more

CBOT May 2021 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Nearby corn futures firm as USDA reports big sales to China

CBOT May soybeans, wheat also up

By Karl Plume March 16, 2021
Chicago | Reuters — U.S. corn futures edged higher in actively traded nearby contracts on Tuesday on strong export demand after the U.S. Department of Agriculture confirmed the largest sales […] Read more


CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

By Karl Plume March 16, 2021
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies […] Read more

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

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

By Karl Plume February 20, 2021
Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite […] Read more

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