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Karl Plume


Stories by Karl Plume

Photo: Canada Beef
Markets, Reuters

U.S. livestock: Live cattle retreat on heavy supplies, weak cash market

By Karl Plume, Reuters May 13, 2024
Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.

Photo: File
Markets, Reuters

U.S. livestock: Live cattle, lean hogs rise on technical buying

By Karl Plume, Reuters May 7, 2024
Chicago Mercantile Exchange live cattle futures firmed on Tuesday on technical buying, while lean hog contracts ended higher in a technical and short-covering rebound following four days of declines.


Photo: Deyanarobova/iStock/Getty Images
Markets, Reuters, Winter Wheat

U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices

By Karl Plume, Reuters April 23, 2024
Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.

(ADM.com)
General, Reuters

ADM CFO to resign as company faces US government investigation

By Ana Mano, Karl Plume, Reuters April 22, 2024
Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.


(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle tumble ahead of weekend on bird flu fears

By Karl Plume, Reuters, GFM Network News April 5, 2024
Chicago Mercantile Exchange live cattle futures plunged on Friday to the lowest point since mid-January as concerns about beef demand amid reports of avian influenza in cattle sparked fund long liquidation ahead of the weekend.

(Sierrarat/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Live cattle end firm as bird flu selloff seen overdone

By Karl Plume, Reuters, GFM Network News April 5, 2024
Chicago Mercantile Exchange live cattle futures firmed on Thursday in a bargain-buying rebound from the prior session's two-month lows, as some investors deemed the recent drop in prices to be overdone.


Photo: File
Markets, Reuters

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

By Karl Plume, Reuters, GFM Network News 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, Reuters

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

By Karl Plume, Reuters, GFM Network News 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, Reuters

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

By Karl Plume, Renee Hickman, Reuters, GFM Network News 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, Reuters

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

By Karl Plume, Reuters, GFM Network News 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.


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