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Karl Plume

UPDATE 1-USDA expects timely release of next crop data after November gaffe

20 Nov 2019

CHICAGO, Nov 20 The U.S. Department of Agriculture expects a smooth release of market sensitive monthly crop data in the future after a technical outage delayed the publication of a critical crop report earlier this month, the agency's chief economist said on Wednesday.

African swine fever in China more severe than previously thought: ADM CFO

13 Nov 2019

CHICAGO China's African swine fever outbreak is far more severe than previously thought and the full impact of the disease on animal feed producers has yet to be realized, U.S. agribusiness company Archer Daniels Midland Co said on Wednesday.

Chinese importers buy U.S. soybean cargoes despite ports congestion

13 Nov 2019

BEIJING/CHICAGO Chinese commercial importers made new purchases of U.S. soybeans this week, according to two sources, even as up to 2 million tonnes of American cargoes were waiting to offload at ports in China as its stockpiler looked for storage room.

Lean hogs rally on technical buying, rising pork prices

12 Nov 2019

CHICAGO U.S. lean hog futures rose by as much as 3% 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.

LIVESTOCK-Lean hogs rally on technical buying, rising pork prices

12 Nov 2019

CHICAGO, Nov 12 U.S. lean hog futures rose by as much as 3% 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.

LIVESTOCK-Live cattle futures firm on strong cash market, rising beef prices

08 Nov 2019

CHICAGO, Nov 8 U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins.

LIVESTOCK-Hog futures rise on hopes for Chinese pork import tariff rollback

07 Nov 2019

CHICAGO, Nov 7 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.

LIVESTOCK-Lean hog futures retreat as interim China trade deal delayed

06 Nov 2019

CHICAGO, Nov 6 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.

LIVESTOCK-Lean hogs jump in short-covering, technical bounce; China talks eyed

05 Nov 2019

CHICAGO, Nov 5 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.

LIVESTOCK-Live cattle climb to new six-month peak on rising cash market

04 Nov 2019

CHICAGO, Nov 4 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.

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