Insights and Stories of Theopolis Waters

U.S. livestock: Live cattle climb seventh straight session

Apr. 17, 2017 at 4:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose on Monday for the seventh consecutive session, boosted by improved wholesale beef demand and futures’ discounts to recent cash prices, traders said. They said speculative buying and buy stops drove deferred contracts to fresh highs. April live cattle closed 1.05 […]

U.S. livestock: CME live cattle up for fourth straight session

Apr. 10, 2017 at 4:36 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle extend gains as funds buy

Apr. 7, 2017 at 3:36 pm CDT

By Theopolis Waters

U.S. livestock: Bargain buying rallies CME hogs

Apr. 6, 2017 at 4:28 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end firmer despite cash pessimism

Apr. 5, 2017 at 4:39 pm CDT

By Theopolis Waters

U.S. livestock: CME hog futures hit four-month low

Apr. 4, 2017 at 4:09 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest level since early December on Tuesday, with ample supplies dragging down cash prices for a ninth straight session, said traders. April hogs ended 1.125 cents/lb. lower at 63.675 cents, and May closed down 1.225 cents to […]

By Theopolis Waters

U.S. livestock: CME hog futures slump on pork demand fears

Apr. 3, 2017 at 4:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail pork buying, said traders. They said sell stops and fund liquidation hastened hog market losses. April hogs ended 0.875 cent/lb. […]

By Theopolis Waters

U.S. livestock: Hog prices rally on bargain buying before USDA report

Mar. 30, 2017 at 5:12 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange lean hogs finished higher on Thursday, with strength from bargain buying prior to what turned out to be a neutral U.S. government hog report after futures closed, said traders. The U.S. Department of Agriculture’s quarterly hog report showed a record-large March 1 herd, with most […]

By Theopolis Waters

U.S. livestock: Cash discounts lift live cattle

Mar. 29, 2017 at 3:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, with support from short-covering tied to futures’ discounts to preliminary cash prices, said traders. April live cattle closed 0.575 cent/lb. higher at 121.35 cents, and June up 0.25 cent to 111.85 cents (all figures US$). Market-ready, […]

By Theopolis Waters

U.S. livestock: Fallen cash, pork prices sink CME hogs

Mar. 28, 2017 at 4:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday slumped to their lowest level in two months, as cash and wholesale pork values dropped on abundant supplies, said traders. They said sell stops and fund liquidation accelerated market declines. April hogs ended 0.55 cent/lb. lower at 65.1 cents, […]

By Theopolis Waters