Insights and Stories of Theopolis Waters

Ranchers wait out beef recall, exports to U.S. grow

Oct. 11, 2012 at 1:33 am CDT

Western Canada’s ranchers and feedlots are holding slaughter-ready cattle back from market longer than usual, absorbing extra costs as they try to wait out the closure of one of the region’s biggest processing plants due to a massive recall of potentially tainted beef. But as the closure of XL Foods’ […]

U.S. hogs jump to two-and-a-half-month high

Oct. 10, 2012 at 9:00 pm CDT

By Theopolis Waters

U.S. live cattle rise again on beef quotes

Oct. 9, 2012 at 6:15 pm CDT

By Theopolis Waters

Tighter supplies lift U.S. hogs

Oct. 9, 2012 at 5:26 am CDT

By Theopolis Waters

U.S. hogs book biggest weekly percent rise in four months

Oct. 5, 2012 at 5:33 pm CDT

By Theopolis Waters

U.S hogs book biggest daily percentage gain in 10 weeks

Oct. 4, 2012 at 8:57 pm CDT

U.S. hog futures posted their biggest one-day percentage gain in 2 1/2 months on Thursday, driven by strong packer demand for hogs amid tight supplies and fund buying, said analysts and traders. Chicago Mercantile Exchange (CME) October hogs earlier in the day moved above the 200-day moving average of 81.89 […]

By Theopolis Waters

U.S. cattle slip amid cash caution

Oct. 3, 2012 at 6:42 pm CDT

U.S. live cattle futures fell on Wednesday as cautious investors awaited trading in this week’s cash markets, said analysts and traders. Chicago Mercantile Exchange (CME) October and December live cattle drifted below their 10-day moving averages of 123.54 and 126.35 cents per pound, triggering light fund selling (all figures US$). […]

By Theopolis Waters

Soaring corn drives U.S. feeder cattle down limit

Sep. 28, 2012 at 11:19 pm CDT

U.S. feeder cattle futures fell their daily three-cent-per-pound daily trading limit on Friday as corn soared by its 40-cent-per-bushel limit, traders and analysts said. Live cattle fell on weak cash cattle and beef markets and on hog/cattle spreading. Hog futures gained on the spread activity as traders bought hogs while […]

By Sam Nelson Theopolis Waters

U.S. live cattle slump as funds head for exit

Sep. 25, 2012 at 5:35 pm CDT

U.S. live cattle futures posted their biggest one-day percentage loss in three and a half months on Tuesday and slumped about two per cent amid fund liquidation, said traders and analysts. Chicago Mercantile Exchange (CME) live cattle fell about 1.8 per cent on the day. "You had funds liquidating after […]

By Theopolis Waters

U.S. hogs extend gains on cash prices

Sep. 24, 2012 at 5:38 pm CDT

U.S. hog futures gained for a fifth straight session on Monday in response to packers raising bids for hogs in the cash market as wholesale pork demand improved, analysts and traders said. Live cattle at the Chicago Mercantile Exchange (CME) posted modest losses while feeder cattle ended firmer. CME hogs […]

By Theopolis Waters