Insights and Stories of Theopolis Waters

U.S. hogs rise with cash, up for fifth straight month

Jan. 31, 2013 at 6:16 pm CST

Chicago Mercantile Exchange (CME) hog futures settled higher on Thursday, aided by strong cash hog prices that helped extend the futures market’s winning streak to five straight months. CME hogs finished up 2.3 per cent for January. Hogs at the CME also drew support from fund buying after the April […]

U.S. live cattle futures wilt as cash disappoints

Jan. 30, 2013 at 5:07 pm CST

By Theopolis Waters

U.S. live cattle futures drop on profit-taking

Jan. 29, 2013 at 5:56 pm CST

By Theopolis Waters

USDA data, Japan news boost U.S. live cattle

Jan. 28, 2013 at 5:37 pm CST

By Theopolis Waters

U.S. cattle placements fall seventh straight month

Jan. 25, 2013 at 4:04 pm CST

By Theopolis Waters

U.S. live cattle futures rise ahead of USDA report

Jan. 25, 2013 at 3:57 pm CST

Chicago Mercantile Exchange (CME) live cattle futures closed higher on Friday aided by Thursday’s stronger-than-expected cash prices, signalling tighter cattle supplies ahead, traders and analysts said. Cattle in the Nebraska cash market on Thursday fetched $123 to $124 per hundredweight (cwt), $1 to $2 higher than on Wednesday but steady […]

By Theopolis Waters

Strong cash prices lift U.S. hog futures

Jan. 24, 2013 at 4:49 pm CST

Chicago Mercantile Exchange hog futures climbed Thursday on higher prices for hogs in the cash market, traders and analysts said. They also cited fund buying after the February contract broke through the 100-day moving average of 89.21 cents (all figures US$). Spot February hogs settled 1.075 cents per pound higher, […]

By Theopolis Waters

U.S. live cattle futures end mixed after wild ride

Jan. 23, 2013 at 6:44 pm CST

U.S. live cattle futures settled narrowly mixed on Wednesday, pressured by news that Russia may block some North American meat imports, but prices drew support from a tighter cattle supply outlook. Chicago Mercantile Exchange (CME) spot February live cattle closed up 0.05 cent per pound at 125.775 cents. And most-actively […]

By Theopolis Waters

Japan beef news rallies U.S. live cattle futures

Jan. 22, 2013 at 7:33 pm CST

U.S. live cattle futures rallied on Tuesday, helped by news that Japan could ease U.S. beef import restrictions soon, triggering short-covering, traders and analysts said. Japan could relax its BSE-related import rules on U.S. beef on Feb. 1 if a panel of medicine and food experts consents, a Japanese health […]

By Theopolis Waters

Cargill news drops U.S. live cattle to multi-month lows

Jan. 18, 2013 at 7:40 pm CST

U.S. live cattle futures sank to multi-month lows on Friday as investors continued to digest Thursday’s news that Cargill plans to close a Texas beef packing plant on Feb. 1, traders and analysts said. Cargill announced its Plainview, Texas plant would be shut down due to tight cattle supplies after […]

By Theopolis Waters