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Karl Plume


Stories by Karl Plume

Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Feeder cattle drop on profit taking after 10-session rally

By Karl Plume December 2, 2024
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle […] Read more

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

U.S. grains: Soy down on record Brazil crop outlook

By Karl Plume, Reuters December 2, 2024
U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.


File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)
Markets, News

Rains swell Mississippi River, US soy exports flow at 4-year high

By Julie Ingwersen, Karl Plume, Reuters November 26, 2024
Exporters have shipped soybeans from the busiest U.S. grains port at the fastest rate in nearly four years after rain raised water levels in the Mississippi River, government data showed.

Photo: REUTERS/Quinn Glabicki
Markets, News

Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers

By Karl Plume, Renee Hickman, Reuters November 13, 2024
American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.

(Bunge video screengrab via Vimeo)
News

Bunge profit tops estimates on grain, oilseed volumes; 2024 outlook intact

By Karl Plume, Mrinalika Roy, Reuters October 30, 2024
Bunge exceeded Wall Street expectations for third-quarter profit on Wednesday as large global harvests provided the grain trader and processor enough volumes of soy, corn and other crops to blunt a hit from lower margins.


 Photo: Thinkstock
Markets

US exporters race to ship soybeans as looming election stokes tariff worries

By Karl Plume, Reuters October 22, 2024
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.

Jeff Schorner poses for a photo next to his business, Al’s Family Farms, which he lost during Hurricane Milton, in Lakewood Park, near Fort Pierce, in St. Lucie County, Florida, U.S., October 11, 2024. REUTERS/Jose Luis Gonzalez
News

Hurricane Milton caused $1.5-$2.5 billion in losses to Florida agriculture

By Karl Plume, Reuters October 17, 2024
Hurricane Milton caused an estimated $1.5 billion to $2.5 billion (C$2.1 billion to $3.4 billion) in damage to Florida's crops and agricultural infrastructure, according to a preliminary assessment released by the state's Department of Agriculture and Consumer Services on Thursday.

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Corn, soy down on South America rains; crude, equities sell-off

By Karl Plume, Reuters October 15, 2024
U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.


Photo: ARS/USDA
Livestock, Markets

U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

By Karl Plume October 7, 2024
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle […] Read more

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

U.S. Grains: Soybeans ease on South American rain outlook; grain higher

By Karl Plume, Reuters October 7, 2024
Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.

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