Insights and Stories of Theopolis Waters

U.S. live cattle slump after report, hogs lower

Apr. 22, 2013 at 5:46 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures closed lower on Monday as larger-than-expected March feedlot placements in Friday’s U.S. Department of Agriculture monthly cattle-on-feed report prompted selling, said traders and analysts. The government report showed a surprising rise in the number of cattle placed in feedlots as harsh winter weather […]

U.S. cattle placements up unexpectedly in March

Apr. 19, 2013 at 3:48 pm CDT

By Theopolis Waters

Most U.S. live cattle futures dip before USDA report

Apr. 19, 2013 at 3:40 pm CDT

By Theopolis Waters

Cash unease weakens U.S. live cattle futures

Apr. 18, 2013 at 5:36 pm CDT

By Theopolis Waters

U.S. hog, cattle futures buck Wall Street losses

Apr. 17, 2013 at 4:22 pm CDT

By Theopolis Waters

U.S. cattle, hog futures rise with other commodities

Apr. 16, 2013 at 4:18 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures on Tuesday reclaimed some ground lost after equities and other commodities recovered from Monday’s selloff, traders and analysts said. The lower dollar, stable gold prices and stock market recovery brought relief to the cattle market, said Dennis Smith, an analyst with Archer Financial […]

By Theopolis Waters

U.S. hog, cattle futures fall with other commodities

Apr. 15, 2013 at 3:17 pm CDT

Chicago Mercantile Exchange (CME) hog futures dropped on Monday as Chinese economic worries sparked active selling in that market as well in a vast number of other commodities, analysts and traders said. Gold led losers, its worst two-day setback in 30 years, in response to weaker-than-expected data out of China […]

By Theopolis Waters

U.S. live cattle futures rise on discount to cash

Apr. 12, 2013 at 5:10 pm CDT

Chicago Mercantile Exchange (CME) live cattle gained modestly on Friday as futures’ discount to cash prices lured buyers, traders and analysts said. CME live cattle finished almost flat for the week. Short-covering offset early-week market losses led by lower cash cattle and wholesale beef values. Spot April live cattle closed […]

By Theopolis Waters

Short-covering lifts U.S. live cattle futures

Apr. 11, 2013 at 6:32 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures finished higher Thursday with support from short-covering after Wednesday’s market losses led by lower cash prices, traders and analysts said. CME live cattle’s discount to those cash prices and Wednesday’s market slide to new contract lows attracted speculative buyers. June futures led advances, […]

By Theopolis Waters

Lower cash prices guide U.S. live cattle futures lower

Apr. 10, 2013 at 4:47 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures closed lower on Wednesday, pressured by weak cash cattle prices, traders and analysts said. Cash cattle traded in Texas and Kansas at $127 per hundredweight (cwt), down $1 from a week ago, feedlot sources said (all sources US$). “We held out for $128 […]

By Theopolis Waters