Karl Plume Archives | Canadian Cattlemen

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs rally on technical buying, rising pork prices

By Karl Plume 1 day ago

Chicago | Reuters – U.S. lean hog futures rose by as much as 3 percent on Tuesday on technical buying and short-covering, and as hopes for expanded pork exports to China more than offset pressure stemming from ample U.S. hog supplies, traders said. Rising pork prices and strong meatpacker margins gave the market further support […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

By Karl Plume 5 days ago

Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more

Crops, Markets, Reuters

U.S. grains: Corn edges up after USDA trims U.S. harvest outlook, soybeans drop

By Karl Plume 5 days ago

Chicago | Reuters – U.S. corn futures firmed on Friday after the U.S. Department of Agriculture lowered its U.S. yield and harvest forecasts in a monthly crop report, though gains were kept in check by worries about weak demand. Soybeans fell as the USDA left its U.S. crop yield and harvest outlooks unchanged despite poor weather this […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

By Karl Plume November 7, 2019

Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more

Crops, Markets, Reuters

U.S. grains: Soy rallies on strong exports, fresh U.S.-China trade deal optimism

By Karl Plume November 7, 2019

Chicago | Reuters – U.S. soybean futures rebounded from two sessions of declines on Thursday on stronger-than-expected export sales and renewed optimism about an interim U.S.-China trade deal after government officials said it could include a phased rollback of tariffs. Corn futures slumped for a sixth straight session on weak export demand and investor positioning […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

By Karl Plume November 6, 2019

Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans drop on U.S. harvest, worries over interim China trade deal

By Karl Plume November 6, 2019

Chicago | Reuters – U.S. soybean futures slumped on Wednesday on rising supplies from the ongoing U.S. harvest and concerns about a delay in finalizing a “phase one” trade deal with China that could speed imports by the world’s top buyer. Corn also weakened on harvest pressure and dull demand for U.S. supplies, while wheat […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs jump in short-covering, technical bounce

By Karl Plume November 5, 2019

Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soybeans retreat as mostly dry weather accelerates U.S. harvest

By Karl Plume November 5, 2019

Chicago | Reuters – U.S. corn futures dropped to a 3-1/2-week low on Tuesday, while soybeans fell for the first time in four sessions as largely dry U.S. Midwest weather propelled harvesting and rains bolstered crop prospects in South America where farmers are planting corn and soy. Positioning ahead of a monthly U.S. Department of […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

By Karl Plume November 4, 2019

Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more

CBOT weekly outlook: Trade uncertainty weighs

U.S. grains: Soybeans sag on diminishing hopes for China deal

Corn harvest a struggle for three U.S. states

GFM Network News

CBOT weekly outlook: Trade uncertainty weighs

U.S. grains: Soybeans sag on diminishing hopes for China deal

Corn harvest a struggle for three U.S. states

Author Archives Karl Plume

U.S. livestock: Lean hogs rally on technical buying, rising pork prices

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

U.S. grains: Corn edges up after USDA trims U.S. harvest outlook, soybeans drop

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

U.S. grains: Soy rallies on strong exports, fresh U.S.-China trade deal optimism

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

U.S. grains: Soybeans drop on U.S. harvest, worries over interim China trade deal

U.S. livestock: Lean hogs jump in short-covering, technical bounce

U.S. grains: Corn, soybeans retreat as mostly dry weather accelerates U.S. harvest

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

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