Insights and Stories of Theopolis Waters

U.S. livestock: CME live cattle futures score 10-month high

Feb. 27, 2017 at 6:07 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures reached their highest since late April 2016, driven by short-covering amid brisk wholesale beef demand, said traders. They said speculators bought deferred cattle contracts after Friday’s U.S. Department of Agriculture monthly Cattle on Feed report proved less bearish than some […]

U.S. livestock: CME live cattle rebound on cash, beef prices

Feb. 17, 2017 at 3:06 pm CST

By Theopolis Waters

U.S. livestock: Cash price unease pressures CME live cattle

Feb. 16, 2017 at 4:41 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle, hogs slump on profit-taking

Feb. 15, 2017 at 4:44 pm CST

By Theopolis Waters

U.S. livestock: Firmer beef quote rallies CME live cattle

Feb. 14, 2017 at 4:03 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle brace for possible weak cash prices

Feb. 13, 2017 at 7:49 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged on Monday in advance of potentially lower cash prices this week as packers attempt to recover lost profits, said traders. February live cattle closed down 0.475 cent/lb. at 115.925 cents, and April was 0.625 cent lower at 112.525 cents […]

By Theopolis Waters

U.S. livestock: Fund liquidation undercuts CME live cattle

Feb. 10, 2017 at 3:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by sell stops and fund selling after drifting below technical support levels, said traders. February live cattle closed 1.25 cents/lb. lower at 116.4 cents, and April 1.675 cents lower at 113.15 cents (all figures US$). […]

By Theopolis Waters

U.S. livestock: CME live cattle end firmer

Feb. 9, 2017 at 3:48 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Thursday, helped by technical buying and this week’s steady-to-firmer cash prices, said traders and analysts. They said the prospect of increased supplies capped back-month futures advances. February live cattle closed 0.875 cent/lb. higher at 117.65 cents, and […]

By Theopolis Waters

U.S. livestock: Initial cash prices drop CME live cattle

Feb. 8, 2017 at 5:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, pressured by softer wholesale beef values and some preliminary cash prices that fell short of expectations, traders said. They said sell stops and fund liquidation compounded market losses. February live cattle closed 0.9 cent/lb. lower at […]

By Theopolis Waters

U.S. livestock: CME hog futures again reach new highs

Feb. 7, 2017 at 5:06 pm CST

Chicago | Reuters — Chicago Mercantile Exchange February lean hogs on Tuesday scored a fresh contract high, and deferred months scored new monthly tops, led by brisk wholesale pork demand cash price optimism, said traders. February hogs ended 1.025 cents/lb. higher at 72.375 cents, and hit a new contract high […]

By Theopolis Waters