Insights and Stories of Theopolis Waters

Oct. 17, 2012 at 7:20 pm CDT

U.S. feeder cattle futures rose on Wednesday, hitting a three-and-a-half-month high fueled by a shortage of feeder cattle and advances in the live cattle market. Chicago Mercantile Exchange (CME) spot October feeder cattle closed 0.85 cent higher, or 0.58 per cent, at 146.95 cents per pound. Most-actively traded November ended […]

By Theopolis Waters

Oct. 16, 2012 at 5:41 pm CDT

U.S. feeder cattle futures rose for a third straight session on Tuesday, drawing support from tight feeder cattle supplies and gains in live cattle futures. Traders cited steady-to-higher cash feeder cattle values and weaker corn prices, which lowered the cost for feed. "You have that reciprocal trade between corn and […]

By Theopolis Waters

Oct. 15, 2012 at 5:26 pm CDT

Chicago U.S. feeder cattle futures rallied almost one per cent on Monday, lifted by short-covering as corn prices fell more than two per cent amid fund liquidation, improving feedlot demand for younger cattle. Feeder cattle at the Chicago Mercantile Exchange (CME) garnered further support from gains in its live cattle […]

By Theopolis Waters

Oct. 12, 2012 at 5:40 pm CDT

U.S. hog futures hit a two-and-a half-month high on Friday, and extended their weekly win streak to five, fueled by higher cash hog and wholesale pork prices, said analysts and traders. Chicago Mercantile Exchange (CME) hogs ended up almost 1.8 per cent for the week as grocers feature pork for […]

By Theopolis Waters

Oct. 11, 2012 at 5:17 pm CDT

U.S. feeder cattle futures declined nearly two per cent on Thursday, and some months sank by their three-cent daily trading limit, as corn prices surged more than five per cent after a U.S. Department of Agriculture report. The USDA estimated smaller-than-expected corn production that will likely put more pressure on […]

By Theopolis Waters