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United States

Karl Plume

LIVESTOCK-Lean hogs rise on short-covering, technicals after 3-day plunge

Jun 25 2019

CHICAGO, June 25 Chicago Mercantile Exchange (CME) lean hog futures bounced on Tuesday on short-covering and technical buying following a three-session plunge that sliced prices by more than 10%, traders said.

LIVESTOCK-Lean hogs tumble for third straight session on ample supply

Jun 24 2019

CHICAGO, June 24 Chicago Mercantile Exchange (CME) lean hog futures fell sharply for a third straight session on Monday in a technical and fund- selling drop fueled by ample supplies of hogs and pork.

Armada of barges cleared for Mississippi River shipments after floods

Jun 21 2019

CHICAGO The upper Mississippi River reopened to barge traffic on Friday as vessels were cleared to ship through St. Louis harbor, the U.S. Coast Guard (USCG) said, and the situation quickly became a logistics nightmare as dozens of towboats and hundreds of delayed barges tried to maneuver upriver.

UPDATE 1-China seeks to roll July U.S. soybean cargoes to August -sources

Jun 13 2019

BEIJING/CHICAGO, June 13 Chinese soybean buyers are asking sellers in the United States to delay cargoes due to be shipped in July until August, two sources familiar with the matter said, raising fears of cancellations like ones that roiled the market last year.

China seeks to roll July U.S. soybean cargoes to August: sources

Jun 13 2019

BEIJING/CHICAGO Chinese soybean buyers are asking sellers in the United States to delay cargoes due to be shipped in July until August, two sources familiar with the matter said, raising fears of cancellations like ones that roiled the market last year.

USDA says may allow farmers to collect some trade aid on unplantable acres

Jun 10 2019

CHICAGO The U.S. Department of Agriculture is looking into ways to allow farmers who have been unable to plant crops due to rains and waterlogged fields to qualify for farm aid payments, Agriculture Secretary Sonny Perdue said on Monday.

U.S. soy exporters struggle with huge China export commitments in midst of trade war

Jun 04 2019

CHICAGO U.S. soybean exporters are facing what may be their busiest and most logistically challenging summer due to an unprecedented backlog of soybeans purchased by China that still needs to be shipped and widespread floods in the U.S. Midwest.

ADM marries grain trading, oilseed units; second revamp in 14 months

May 29 2019

CHICAGO Global grains trader Archer Daniels Midland Co said on Wednesday it will consolidate five business units into four in the company's second reorganization in just over a year as adverse weather and a U.S.-China trade dispute threaten profits.

LIVESTOCK-Hogs tumble on export uncertainty amid U.S.-China trade war

May 24 2019

CHICAGO, May 24 Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Friday on weak pork prices and concerns about export demand as trade tensions have increased between the United States and China, the world's largest hog and pork market.

LIVESTOCK-Hogs mixed as trade war anxiety overshadows good export data

May 23 2019

CHICAGO, May 23 Chicago Mercantile Exchange (CME) lean hog futures traded on both sides of previous levels on Thursday and closed mixed as the market weighed ample hog supplies against some signs of improved pork export demand.

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