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NOW AVAILABLE! | CHECK OUT THE 2024 CORN GUIDE!

Karl Plume


Stories by Karl Plume

Photo: File
Markets

U.S. grains: Cattle end lower on beef demand concerns, hogs higher

By Karl Plume, Reuters April 3, 2024
Chicago Mercantile Exchange live cattle futures fell to a fresh two-month low on Wednesday on technical selling and fund liquidation, as investors gauged whether beef demand would suffer amid recent news of avian influenza in dairy cattle.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle claw back some losses after bird flu selloff

By Karl Plume, Reuters April 2, 2024
Chicago Mercantile Exchange cattle futures rebounded on Tuesday as traders reassessed the market after worries about cattle infected with avian influenza had triggered a sharp selloff a day earlier.


Photo: Fotokostic/iStock/Getty Images Plus
Markets

U.S. grains: Corn down as Midwest outlook seen boosting spring planting

By Karl Plume, Renee Hickman, Reuters April 2, 2024
U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Corn sinks on big supplies; wheat down on good winter crop outlook

By Karl Plume, Reuters April 1, 2024
U.S. grain futures fell on Monday as pressure from ample supplies partly unraveled steep gains late last week following a U.S. Department of Agriculture report that projected lower-than-expected U.S. corn plantings.

Photo: Stefanlinton/iStock/Getty Images
Markets

U.S. livestock: CME cattle plunge as bird flu fears spark speculative selloff

By Karl Plume, Reuters April 1, 2024
Chicago Mercantile Exchange live and feeder cattle futures plunged on Monday on market uncertainty following news of a human case of avian influenza in a person who had contact with infected dairy cows.


Photo: File
Markets

U.S. livestock: CME live cattle reach 5-month peak, end lower in technical setback

By Karl Plume, Reuters March 14, 2024
Chicago Mercantile Exchange (CME) live cattle futures ended lower on Thursday in a technical and profit-taking setback after rising to five-month highs on firm cash cattle prices, traders said.

The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
 Photo: REUTERS/Brendan McDermid

ADM announces plan to address accounting issues, posts earnings miss

The company's shares were up 4.3 per cent but down nearly 21 per cent for the year

By Karl Plume, Reuters, Sourasis Bose March 12, 2024
Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though it warned the plan would take time to implement.

Photo: Scharfsinn86/Getty Images
Markets

U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies

Wheat futures higher on bargain buying, short covering

By Karl Plume, Reuters February 9, 2024
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.


CBOT soybeans ZSH24 on Feb. 6 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soybeans firm on bargain-buying ahead of USDA report

Wheat futures rose while corn ended lower on forecasts for rain in Argentina

By Karl Plume, Reuters February 6, 2024
U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat

Gains limited by sizable South American crops; doubts over Chinese demand hangs over market

By Karl Plume, Reuters January 23, 2024
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.

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