Insights and Stories of Theopolis Waters

U.S. live cattle rise before USDA report

Dec. 21, 2012 at 4:50 pm CST

U.S. live cattle futures firmed late Friday on short-covering and positioning before the U.S. Department of Agriculture’s monthly cattle-on-feed report at 2 p.m. CST. Analysts expected the data to show the number of cattle placed in feedlots in November fell for a sixth straight month. Friday’s wholesale beef price rebound […]

U.S. live cattle, hog futures wilt on profit-taking

Dec. 20, 2012 at 6:51 pm CST

By Theopolis Waters

Wintry weather boosts U.S. live cattle, hog futures

Dec. 20, 2012 at 4:47 am CST

By Theopolis Waters

U.S. live cattle drop by profit taking, cash caution

Dec. 18, 2012 at 7:09 pm CST

By Theopolis Waters

U.S. live cattle post biggest per cent jump in months

Dec. 18, 2012 at 6:43 am CST

By Theopolis Waters

Fund buying rallies U.S. live cattle futures

Dec. 14, 2012 at 5:52 pm CST

U.S. live cattle futures rebounded on Friday with fund buying and short-covering offsetting lacklustre market fundamentals, said analysts and buyers. Chicago Mercantile Exchange live cattle rose almost one per cent for the week despite tepid wholesale beef demand and futures’ premium to prices for cattle in the cash market. "We’ve […]

By Theopolis Waters

U.S. feeder cattle futures ease from six-month high

Dec. 13, 2012 at 4:58 pm CST

U.S. feeder cattle futures settled firm on Thursday as corn prices drifted lower, but eased from a six-month high in response to live cattle market losses, said analysts and traders. CME January feeder cattle closed up 0.375 cent per pound to 153.125 cents. March was 0.35 cent lower at 155.075 […]

By Theopolis Waters

U.S. feeder cattle futures hit another six-month high

Dec. 12, 2012 at 6:18 pm CST

U.S. feeder cattle futures notched a six-month high for the second day in a row on Wednesday as corn prices weakened, reducing feed input costs, analysts and traders said. Short-covering and fund buying also put Chicago Mercantile Exchange (CME) feeder cattle in the win column for a sixth straight session. […]

By Theopolis Waters

U.S. cattle futures surge on higher beef prices

Dec. 11, 2012 at 6:15 pm CST

U.S. live cattle futures bounded higher on Tuesday as unexpectedly strong wholesale beef prices triggered active short-covering, said analysts and traders. The U.S. Department of Agriculture showed the wholesale price for choice beef on Tuesday at $196.17 per hundredweight (cwt), up $2.12 from Monday, and the select price was $174.67, […]

By Theopolis Waters

U.S. cattle futures dip with cash, deliveries avoided

Dec. 11, 2012 at 6:25 am CST

U.S. live cattle futures posted modest losses on Monday as investors factored in Friday’s lower cash cattle prices, analysts and traders said. Late last week, packers paid $124 per hundredweight (cwt) for cattle in Kansas and Nebraska, down $1 from the week before. Live-basis cattle in Texas also fetched $124, […]

By Theopolis Waters