Insights and Stories of Theopolis Waters

U.S. livestock: CME hog futures climb ahead of USDA report

Jun. 29, 2017 at 6:01 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled higher on Thursday, and the July contract notched fresh highs, supported by their discounts to cash prices and fund buying prior to the U.S. Department of Agriculture’s neutral quarterly hog report, said traders. USDA’s report showed a record number […]

U.S. livestock: CME live cattle up on bargain buying after selloff

Jun. 28, 2017 at 5:13 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle futures erase Monday’s rally

Jun. 27, 2017 at 5:25 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle sharply higher, shrug off USDA report

Jun. 26, 2017 at 5:13 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rally before USDA report

Jun. 23, 2017 at 5:43 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle sag with cash, beef prices

Jun. 22, 2017 at 7:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a second straight day on Thursday, pressured by fallen cash and wholesale beef values, said traders. June, which will expire on June 30, closed 0.875 cent/lb. lower at 118.625 cents (all figures US$). Most actively-traded August finished 1.075 […]

By Theopolis Waters

U.S. livestock: CME live cattle tumble limit down

Jun. 14, 2017 at 6:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday finished down their three cents/lb. daily price limit, hit by fund liquidation and lower preliminary cash prices, said traders. June and August closed limit down at 124.5 cents and 117.875 cents, respectively. Both contracts ended below their […]

By Theopolis Waters

U.S. livestock: CME live cattle end weaker

Jun. 9, 2017 at 4:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts were weakened Friday by profit-taking and investor caution as they await the bulk of this week’s cash cattle sales, said traders. Futures discounts to initial cash prices limited market losses, they said. June closed down 0.125 cent/lb. to 131.25 cents, […]

By Theopolis Waters

U.S. livestock: CME live cattle close mixed

Jun. 8, 2017 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mixed on Thursday after an up-and-down session, supported by futures’ discounts to preliminary cash prices but pressured by profit-taking, traders said. June closed up 0.175 cent/lb. at 131.375 cents, and August down 0.15 cent at 124.025 cents (all figures […]

By Theopolis Waters

U.S. livestock: CME live cattle climb to one-month top

Jun. 2, 2017 at 4:39 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts hit a one-month high on Friday, driven by fund buying and short-covering, said traders. Futures’ discounts to this week’s better-than-anticipated cash prices generated more buying. June closed 3.4 cents/lb. higher at 130.825 cents, and August 1.35 cents higher at 126.05 […]

By Theopolis Waters