Insights and Stories of Theopolis Waters

Aug. 28, 2012 at 6:18 pm CDT

U.S. live cattle futures turned higher on Tuesday, aided by short-covering and an unexpected spike in wholesale beef prices, said analysts and traders. Also, feeder cattle at the Chicago Mercantile Exchange closed higher but hogs finished flat to weak. Initial CME live cattle gains were tied to short-covering and lack […]

By Theopolis Waters

Aug. 27, 2012 at 5:00 pm CDT

U.S. live cattle futures fell about one per cent on Monday, rocked by cash cattle price caution and fund selling, said analysts and traders. Chicago Mercantile Exchange (CME) feeder cattle closed weaker but hogs finished higher. CME live cattle began the week in negative territory. Additional deliveries pressured August while […]

By Theopolis Waters

Aug. 24, 2012 at 4:04 pm CDT

U.S. live cattle futures settled lower on Friday, snapping five weeks of consecutive gains, amid profit taking and as the threat of more deliveries pressured the thinly-traded August contract, said analysts and traders. Also, feeder cattle at the Chicago Mercantile Exchange ended lower but extended their weekly gains to five. […]

By Theopolis Waters

Aug. 22, 2012 at 6:26 pm CDT

U.S. hog futures on Wednesday sank to their lowest level in one and a half years on the spot-month continuous chart amid worries increased hog numbers would continue to pressure cash hog and wholesale pork prices, analysts and traders said. Live cattle futures ended mostly weak but feeder cattle closed […]

By Theopolis Waters

Aug. 21, 2012 at 4:39 pm CDT

U.S. feeder cattle futures fell on Tuesday as the worst U.S. drought in more than 50 years shrank crop yields, sending corn prices higher while curbing feedlot demand for younger cattle, said analysts and traders. Investors also cited the lower Chicago Mercantile Exchange live cattle market. CME hogs finished weaker. […]

By Theopolis Waters