Insights and Stories of Theopolis Waters

U.S. livestock: CME lean hog futures extend losses

Mar. 27, 2017 at 5:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures’ selloff last Friday carried over into Monday, led by fund liquidation and weaker cash prices, traders said. April hogs ended 1.625 cents/lb. lower at 65.65 cents, and below the 100-day moving average of 66.744 cents. May finished 1.9 cents lower […]

U.S. livestock: CME lean hogs give back recent gains

Mar. 24, 2017 at 5:18 pm CDT

By Theopolis Waters

U.S. livestock: CME lean hogs snap back from session lows

Mar. 23, 2017 at 3:36 pm CDT

By Theopolis Waters

Brazil beef scandal leaves fewer options for global buyers

Mar. 20, 2017 at 9:03 pm CDT

By Theopolis Waters Tom Polansek

U.S. Catholics allowed corned beef on Paddy’s Friday

Mar. 15, 2017 at 6:11 pm CDT

By Theopolis Waters

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

Mar. 13, 2017 at 5:54 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Monday rose for a fourth consecutive session, with strength from buy stops and futures’ discounts to last week’s cash prices, said traders. They said profit-taking and caution ahead of this week’s cash returns pulled contracts from session highs. Monday was […]

By Theopolis Waters

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

Mar. 3, 2017 at 4:46 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank more two per cent on Friday following lower cash and wholesale pork values, said traders. They said worries about a looming supply buildup furthered hog futures losses. April hogs ended 1.525 cents/lb. lower at 66.75 cents, and May down […]

By Theopolis Waters

U.S. livestock: Supply growth worries sink CME live cattle

Mar. 2, 2017 at 3:12 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 cents/lb. lower at 116.15 cents, and June closed 1.075 cents lower at 106.725 cents (all figures US$). “I’m surprised at […]

By Theopolis Waters

U.S. livestock: CME live cattle end mostly firm

Mar. 1, 2017 at 4:16 pm CST

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, after investors sold April futures and simultaneously bought deferred months. Investors held off buying April futures despite strong wholesale beef values and steady-to-better cash price expectations for this week. April live cattle closed 0.35 cent/lb. […]

By Theopolis Waters

U.S. livestock: Funds, beef demand fuel CME live cattle rally

Feb. 28, 2017 at 3:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Tuesday, driven by fund buying and brisk wholesale beef demand, said traders. They said deferred-month contracts’ discounts to this week’s expected cash prices provided additional market support. February live cattle, which expired at noon CT, closed […]

By Theopolis Waters