Insights and Stories of Theopolis Waters

U.S. cattle hit eight-month high in post-holiday trading

Nov. 23, 2012 at 4:22 pm CST

U.S. live cattle futures on Friday scored an eight-month high in thin post-Thanksgiving Day (U.S.) trade, in part bolstered by strong cash cattle prices and solid beef demand, said analysts and traders. Chicago Mercantile Exchange live cattle also finished the week up 2.2 per cent amid fund buying and triple-digit […]

U.S. cattle futures jump in pre-holiday trading

Nov. 21, 2012 at 5:02 pm CST

By Theopolis Waters

Cash optimism buoys U.S. cattle, hogs futures

Nov. 20, 2012 at 4:11 pm CST

By Theopolis Waters

Dow surge boosts U.S. hogs, cattle futures

Nov. 19, 2012 at 4:25 pm CST

By Theopolis Waters

U.S. cattle futures up slightly ahead of USDA report

Nov. 15, 2012 at 5:10 pm CST

By Theopolis Waters

Beef quotes lift U.S. live cattle futures

Nov. 13, 2012 at 4:37 pm CST

U.S. live cattle futures turned higher on Tuesday, lifted by the turnaround in wholesale beef prices that stirred short-covering, said traders and analysts. Also, fund buying developed after Chicago Mercantile Exchange (CME) December and February broke through the 10-day moving average resistance level of 125.49 and 129.33 cents (all figures […]

By Theopolis Waters

U.S. hogs, live cattle futures drop as funds roll

Nov. 13, 2012 at 1:25 am CST

U.S. hog futures ended lower on Monday, partly due to funds rolling some December long positions into deferred months, said analysts and traders. Funds that follow the Standard + Poor’s Goldman Sachs Commodity Index rolled spot-month December hogs and live cattle futures long positions mainly into February and April. Monday […]

By Theopolis Waters

U.S. live cattle, hog futures pull back as Dow retreats

Oct. 30, 2012 at 3:17 pm CDT

U.S. live cattle and hog futures finished lower on Tuesday in response to the stock market’s steep drop that ignited active fund selling in a wide range of commodities, said analysts and traders.U.S. stocks plunged following weak earnings that fueled worries about a global economic slowdown."All softs, grains and metals […]

By Theopolis Waters

U.S. live cattle sag with beef prices, down for week

Oct. 26, 2012 at 4:02 pm CDT

(Oct. 26) U.S. live cattle futures drifted lower on Friday in response to a drop in wholesale beef values as retailers pushed back against near-record high prices, said analysts and traders. Chicago Mercantile Exchange live cattle investors were uneasy about economic worries on Wall Street. Some pointed to technical issues […]

By Theopolis Waters

U.S. live cattle slip as funds sell

Oct. 25, 2012 at 5:32 pm CDT

U.S. live cattle futures fell more than one per cent on Thursday as investors took profits and funds liquidated long positions after the market dropped below key technical support levels, said analysts and traders. R.J. O’Brien floor manager James Brooks described the future’s selloff on Thursday as technical-related, with short-term […]

By Theopolis Waters