Insights and Stories of Theopolis Waters

U.S. livestock: CME live cattle soar limit up

May. 3, 2017 at 4:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday posted new highs, and nearby months hit their three-cent daily price limit, sparked by brisk beef demand and stronger-than-anticipated cash prices, traders said. June settled at 130.05 cents and August 123.8 — limit up and fresh highs for […]

U.S. livestock: Live cattle end higher, but off session tops

May. 2, 2017 at 6:49 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle hold modest gains

May. 1, 2017 at 3:54 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle hit one-year high on fund buying

Apr. 28, 2017 at 3:43 pm CDT

By Theopolis Waters

U.S. livestock: Cash prices propel live cattle to one-year high

Apr. 26, 2017 at 5:21 pm CDT

By Theopolis Waters

Cargill to exit U.S. cattle feeding business

Apr. 26, 2017 at 2:52 pm CDT

Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. Minnesota-based Cargill struck a deal to sell its last two feed yards to ethanol producer Green Plains for US$36.7 million, […]

By Theopolis Waters Tom Polansek

U.S. livestock: March feedlot cattle placements carve new monthly high

Apr. 21, 2017 at 5:26 pm CDT

U.S. cattle ranchers in March placed 11.0 per cent more cattle into feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which topped analysts’ forecast and notched a record high for the month. In March packing plants paid feedyards more money for cattle, which enhanced feedlot […]

By Theopolis Waters

U.S. livestock: Live cattle futures again notch 1-year highs

Apr. 20, 2017 at 3:43 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures climbed on Thursday to a one-year top for the third straight day, and deferred contracts marked fresh highs, helped by firmer wholesale beef values, traders said. April live cattle closed 1.700 cents per pound higher at 129.625 cents. June ended 0.525 cent […]

By Theopolis Waters

U.S. livestock: Live cattle futures up for 9th straight session

Apr. 19, 2017 at 3:59 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rose on Wednesday for the ninth consecutive session, and hit a one-year high for a second day in a row, after cash prices exceeded expectations, traders said. April live cattle closed 1.150 cents per pound higher at 127.925 cents, and June up […]

By Theopolis Waters

U.S. livestock: Strong beef demand lifts live cattle to one-year high

Apr. 18, 2017 at 3:56 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Tuesday spiked to their highest since mid-April 2016, driven by improved wholesale beef demand that may underpin cash prices this week, said traders. They said profit-taking pulled back-month futures down from new contract highs achieved earlier in the session. April […]

By Theopolis Waters