Insights and Stories of Theopolis Waters

U.S. livestock: Live cattle limit up on strong cash prices

Jun. 1, 2017 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled up their three cent per pound daily price limit on Thursday, fueled by short-covering following stronger-than-expected cash prices, said traders. Fund buying and futures’ discounts to this week’s cash returns enhanced market gains, they said. June and August closed limit […]

U.S. livestock: Fund buying extends live cattle gains

May. 31, 2017 at 4:06 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle recoup some recent losses

May. 30, 2017 at 6:13 pm CDT

By Theopolis Waters

U.S. livestock: Bearish USDA report rattles CME live cattle

May. 26, 2017 at 3:30 pm CDT

By Theopolis Waters

U.S. April feedlot cattle placements jump to 14-year high

May. 26, 2017 at 2:49 pm CDT

By Theopolis Waters

U.S. livestock: Funds, bargain buying rally live cattle

May. 25, 2017 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday reversed some of their recent losses, stirred by fund buying and bargain hunting as the U.S. Memorial Day holiday approaches, said traders. They said futures’ discounts to this week’s cash prices attracted would-be buyers. June closed 1.8 cents/lb. higher […]

By Theopolis Waters

U.S. livestock: Live cattle retreat following initial cash prices

May. 24, 2017 at 4:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts slumped on Wednesday, pulled down by technical selling and lower preliminary cash prices, said traders. June closed 0.95 cent/lb. lower at 122.125 cents (all figures US$). August closed 1.4 cents lower at 119.925 cents, and below the 10-day moving average […]

By Theopolis Waters

U.S. livestock: Hogs hit three-month high

May. 16, 2017 at 4:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday reached their highest level since mid-February, fueled by strong cash and wholesale pork prices, traders said. June futures led gainers after investors bought that contract and sold deferred months, prompted by bullish market fundamentals, traders said. June closed […]

By Theopolis Waters

U.S. livestock: CME live cattle limit down on profit-taking

May. 5, 2017 at 4:23 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange nearby live cattle futures on Friday finished down their three-cent daily price limit, hit by profit-taking after spiking this week to new highs, said traders. Friday was the first of five days that funds in CME’s livestock markets that track the Standard + […]

By Theopolis Waters

U.S. livestock: CME live cattle up third straight session

May. 4, 2017 at 7:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle futures on Thursday rose for a third straight day, led by bullish market fundamentals before profit-taking pulled contracts from new highs, said traders. June settled 1.25 cent/lb. higher at 131.3 cents, and spiked by its 4.5-cent expanded trading limit and […]

By Theopolis Waters