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Karl Plume


Stories by Karl Plume

CME October 2023 live cattle, with December 2023 live cattle (dark red O/H/L/C). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Lean hogs mixed in technical trading

By Karl Plume September 15, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans down on positioning, crush pace

CBOT wheat ends up on week

By Karl Plume September 15, 2023
Chicago | Reuters — U.S. soybean futures fell on Friday on technical selling and profit taking after two sessions of gains, and as a monthly crush report showed U.S. processors […] Read more


CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures ease in technical setback after highs

Nearby lean hogs also down on technical selling

By Karl Plume September 13, 2023
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders […] Read more

Photo: Getty Images
Crops, Markets

USDA June soybean crush seen at 175.5 million bushels

If estimate realized, would be smallest monthly crush since September

By Karl Plume July 31, 2023
Chicago | Reuters – U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed […] Read more

CME October 2023 live cattle with 20- and 100-day moving averages and August 2023 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle end higher on firm cash values

Hogs settle lower off recent highs

By Karl Plume July 11, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. […] Read more


CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle climb on firmer cash market

Hogs down on technical selling

By Karl Plume July 7, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn drop on improved crop weather

CBOT September wheat also down

By Karl Plume July 7, 2023
Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn firms on technicals, short-covering

Soybeans retreat; wheat futures consolidate

By Karl Plume July 6, 2023
Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell […] Read more


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle ease on weak cash market

Lean hog futures mostly higher

By Karl Plume July 6, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, […] Read more

CBOT September 2023 soft red winter wheat with 20-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Corn hits 2-1/2-year low and ends mixed, soy mostly firm

By Karl Plume July 5, 2023
Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week […] Read more

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