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Karl Plume


Stories by Karl Plume

Photo: File
Crops, Markets

U.S. grains: Corn, soy hit 6-1/2-year highs on Argentine corn export restriction, dry weather

By Karl Plume December 31, 2020
Chicago | Reuters – U.S. corn futures extended gains on Thursday and hit their highest level in 6-1/2 years after major supplier Argentina said it would curb exports and as […] Read more

Photo: iStock/Getty Images
Crops, Markets

U.S. grains: Soybeans hold near 6-1/2-year peak as Argentina strike ends, dry weather remains

By Karl Plume December 30, 2020
Chicago | Reuters – U.S. soybean futures held near a 6-1/2 year high on Wednesday as investors shifted their focus from a now-resolved labor strike in Argentina that had pushed […] Read more


Livestock, Markets

U.S. livestock: Live cattle futures retreat as Wall Street dips, feed costs rise

By Karl Plume December 29, 2020
Chicago | Reuters – U.S. cattle futures retreated on Tuesday after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets […] Read more

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

U.S. grains: Wheat soars as Russia eyes export curbs

Tightening supplies underpin corn, soybeans

By Karl Plume December 12, 2020
Chicago | Reuters — U.S. wheat futures surged on Friday on concerns about thinning global supplies after the U.S. Department of Agriculture (USDA) slashed its grain stocks outlook and as […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle rise on technical and bargain buying

CME lean hog futures sink

By Karl Plume December 12, 2020
Chicago | Reuters — U.S. live cattle futures advanced for a third straight session on Friday supported by technical and bargain buying and as strong packer margins were seen potentially […] Read more


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

U.S. grains: Corn, soy retreat as USDA’s supply cuts disappoint

Renewed talk of Russian export curbs supports wheat

By Karl Plume December 11, 2020
Chicago | Reuters — U.S. corn and soybean futures turned lower on Thursday after the U.S. Department of Agriculture (USDA) trimmed its soybean supply outlook by less than expected and […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle advance in bargain-buying bounce

CME lean hogs drop

By Karl Plume December 11, 2020
Chicago | Reuters — U.S. live cattle futures firmed for a second straight day on Thursday on bargain buying and speculative buying after prices hit 2-1/2 week lows earlier this […] Read more

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

U.S. grains: Futures rebound on short covering, pre-report positioning

Wheat bounces from two-month low

By Karl Plume December 10, 2020
Chicago | Reuters — U.S. soybean and grain futures firmed on Wednesday in a short-covering rebound from prior session losses and as investors took positions ahead of a monthly U.S. […] Read more


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

U.S. livestock: Short covering, bargain buying lift cattle, hog futures

Meat prices, cash values temper gains

By Karl Plume December 10, 2020
Chicago | Reuters — U.S. live cattle futures firmed on Wednesday in a short-covering and bargain-buying bounce following four straight losing sessions that had dragged prices to 2-1/2-week lows. Lean […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures follow cash prices, beef values lower

By Karl Plume December 9, 2020
Chicago | Reuters — U.S. live cattle futures fell for a fourth straight session on Tuesday as cash cattle traded lower at southern U.S. Plains feedlot markets and as wholesale […] Read more

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