Insights and Stories of Theopolis Waters

Most U.S. cattle futures weakened by spreads

Apr. 10, 2013 at 9:14 am CDT

Chicago Mercantile Exchange (CME) live cattle futures settled mostly weaker on Tuesday as bullish spreads underpinned April futures while pressuring remaining trading months, traders and analysts said. They said expectations for fully steady cash cattle prices and modest advances in wholesale beef values lifted spot April CME live cattle. And […]

U.S. cattle futures spring back as grilling season nears

Apr. 9, 2013 at 8:44 am CDT

By Theopolis Waters

Stock market sell-off sinks U.S. hog futures

Apr. 8, 2013 at 9:00 am CDT

By Theopolis Waters

Fund selling drops Chicago live cattle futures

Apr. 5, 2013 at 8:49 am CDT

By Theopolis Waters

Cash prices boost Chicago live cattle futures

Apr. 4, 2013 at 8:31 am CDT

By Theopolis Waters

Chicago feeder cattle limit up as U.S. data sinks corn

Apr. 1, 2013 at 8:37 am CDT

Chicago Mercantile Exchange (CME) feeder cattle closed up the three-cent daily trading limit on Thursday after corn futures fell by its 40-cent price limit following a bearish government grain stocks report, analysts and traders said. The U.S. Department of Agriculture report showed bigger-than-expected corn stockpiles. More feed could lower input […]

By Theopolis Waters

U.S. hog herd expands slightly despite high feed costs

Apr. 1, 2013 at 8:37 am CDT

The U.S. hog herd in the latest quarter had modest growth from year-ago levels, a U.S. government report showed on Thursday, as producers increased production in hope for less-costly feed. The U.S. Department of Agriculture’s data showed the U.S. hog herd as of March 1 at 101 per cent of […]

By Theopolis Waters

Short-covering rally lifts U.S. live cattle futures

Mar. 28, 2013 at 9:23 am CDT

Chicago Mercantile Exchange (CME) live cattle futures rallied Wednesday on short-covering before the extended Easter holiday weekend, analysts and traders said. CME livestock pit trading will close at the normal 1 p.m. CT time on Thursday. The exchange will be closed on Friday for the Good Friday holiday. April and […]

By Theopolis Waters

U.S. hog futures rise with cash prices

Mar. 27, 2013 at 8:34 am CDT

Chicago Mercantile Exchange (CME) hog futures closed higher on Tuesday with support from higher cash hog prices, said analysts and traders. Nearby CME hog contracts benefited from bullish spreads with the view that less-expensive corn might cause some producers to feed more animals and thus pressure prices later this year. […]

By Theopolis Waters

USDA report lifts Chicago live cattle futures

Mar. 26, 2013 at 9:31 am CDT

Chicago Mercantile Exchange (CME) live cattle futures on Monday turned higher on short-covering after Friday’s bullish U.S. Department of Agriculture monthly cattle-on-feed report, analysts and traders said. Friday’s data showed a bigger-than-expected drop in the number of cattle placed in feedlots in February as corn remained at historically-high levels. “The […]

By Theopolis Waters