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Karl Plume


Stories by Karl Plume

U.S. livestock: Lean hogs rally for second day
Livestock, Markets

U.S. livestock: Lean hogs rally for second day

By Karl Plume August 8, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent […] Read more

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise
Livestock, Markets

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

By Karl Plume August 7, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string […] Read more


U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties
Livestock, Markets

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

By Karl Plume August 6, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the […] Read more

CBOT September 2019 corn with 20-, 100- and 200-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans ease on Midwest rains, trade worries

By Karl Plume August 6, 2019
Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as better-than-expected rain in parts of the Midwest and forecasts for more showers lessened concerns about further yield […] Read more

Analysts predict Bunge may be shielded from a more severe trade war impact between the U.S. and China by virtue of its large operations in South America.  Photo: iStock/Getty Images

Bunge posts profit on South America, gain from Beyond Meat investment

By Karl Plume July 31, 2019
Chicago | Reuters – Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South American operations. Bunge also reported […] Read more


Ontario wheat is developing quickly with harvest starting in a couple of weeks.
News

Canadian wheat sales to China hit 14-year high despite dispute

Supply and demand trumps politics as wheat sales to China nearly double

By Karl Plume, Rod Nickel July 19, 2019
Reuters | Winnipeg/Chicago – Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as […] Read more

(File photo by Dave Bedard)
Markets

Cargill quarterly profit drops on trade tensions, U.S. floods

By Karl Plume July 11, 2019
Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and […] Read more

(Dave Bedard photo)
Crops, Markets

Major grain traders face one-two punch from U.S. floods, trade war

By Karl Plume July 11, 2019
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a […] Read more


CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

By Barbara Smith, Karl Plume June 28, 2019
Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above […] Read more

CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Nearby lean hogs drop on continued herd expansion

By Karl Plume June 28, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed […] Read more

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