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Karl Plume


Stories by Karl Plume

Bunge wrongly bet that soybean prices would rise as U.S.-China trade tensions eased.

Bunge posts surprise loss on trade-related soy hedges

By Karl Plume August 1, 2018
Chicago | Reuters – Global grains merchant Bunge Ltd reported a surprise quarterly loss on Wednesday as its agribusiness unit took a $125 million hit from soybean hedges tied to […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans hit six-week peak on hopes for China trade talks

By Karl Plume July 31, 2018
Chicago | Reuters – U.S. soybean futures surged 3 percent on Tuesday to 1-1/2-month highs on hopes that the United States and China would restart stalled talks to avert a […] Read more


(Thinkstock photo)
Crops, Markets

U.S. grains: Wheat rallies on dimming world crop prospects

Dry U.S. Midwest conditions support corn, soybeans

By Karl Plume July 30, 2018
Chicago | Reuters – U.S. wheat futures rallied almost 3 percent on Monday on concerns that deteriorating crops in several key producing countries will tighten global stocks of the grain. Corn […] Read more

(VBacarin/iStock/Getty Images)
Crops, Markets

U.S. grains: Soy sinks to new lows as trade war seen swelling supply

By Karl Plume July 13, 2018
Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets

U.S. grains: Soybeans bounce after hitting new lows on trade war fears

By Karl Plume July 12, 2018
Chicago | Reuters — U.S. soybean futures fell to contract lows on Thursday after the U.S. Department of Agriculture said a trade war with China would curb exports and swell […] Read more


(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans end near decade low as trade war deepens

By Karl Plume July 11, 2018
Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade […] Read more

(Photo courtesy Water Management Research Unit, ARS/USDA)
Crops, Markets

U.S. grains: Corn hits contract lows on favourable weather

By Karl Plume July 10, 2018
Chicago | Reuters — U.S. corn futures fell to contract lows on Tuesday on forecasts for crop-boosting rain and milder temperatures in the heart of the U.S. corn belt, with […] Read more

(VBacarin/iStock/Getty Images)
Crops, Markets

U.S. grains: Soybeans fall on China trade woes, good crop weather

By Karl Plume July 9, 2018
Chicago | Reuters — U.S. soybean futures retreated on Monday, giving up more than half of their gains from a bargain-buying rally before the weekend as investors weighed the impact […] Read more


(VBacarin/iStock/Getty Images)
Crops, Markets

U.S. grains: Soybeans down as China tariffs loom

By Karl Plume July 5, 2018
Chicago | Reuters — U.S. soybean futures fell to contract lows and closed at their lowest in 2-1/2 years on Thursday ahead of a tit-for-tat trade tariff battle with China […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, corn gain on weather worries

By Karl Plume July 3, 2018
Chicago | Reuters — U.S. wheat futures rebounded on Tuesday from the steepest percentage decline in nearly a year during the previous trading session on worries about weather-reduced crops in […] Read more

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