Insights and Stories of Theopolis Waters

U.S. livestock: Cash prices boost live cattle to 10-month high

Jan. 17, 2017 at 4:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle contracts on Tuesday climbed to their highest level in 10 months after investors digested last week’s better-than-expected cash prices, traders said. February live cattle closed 1.05 cents/lb. higher at 119.575 cents, and April up 1.075 cents, to 119 cents. “It […]

U.S. livestock: Profit-taking, beef quotes drop CME live cattle

Jan. 11, 2017 at 3:42 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures mostly firmer

Jan. 6, 2017 at 6:16 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle turn lower

Jan. 5, 2017 at 5:11 pm CST

By Theopolis Waters

U.S. livestock: Fund buying rallies live cattle, lean hogs

Jan. 4, 2017 at 4:38 pm CST

By Theopolis Waters

U.S. livestock: CME lean hogs retreat from four-month high

Jan. 3, 2017 at 5:42 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs settled lower on Tuesday after profit-taking and fund liquidation dropped futures from an early-session four-month high, said traders. February hogs ended 2.65 cents/lb. lower at 63.5 cents (all figures US$). April closed down 1.175 cents, to 66.9 cents. Both contracts finished […]

By Theopolis Waters

U.S. livestock: CME live cattle soars to 6-month high on cash price hopes

Dec. 29, 2016 at 3:46 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday surged to a six-month high, fuelled by the recent rally in wholesale beef values and steady-to-firmer cash price expectations for unsold cattle, said traders. December live cattle, which will expire on Friday, closed 2.725 cents per pound higher at 118.700 […]

By Theopolis Waters

U.S. livestock: Cash, beef prices send CME live cattle to 4-1/2-month top

Dec. 28, 2016 at 4:28 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rose on Wednesday, hitting a 4-1/2-month high, with traders citing strong wholesale beef demand and steady-to-firmer preliminary cash prices. December live cattle, which will expire on Friday, closed up 1.025 cents per pound to 115.975 cents. Most actively traded February ended up 1.375 […]

By Theopolis Waters

U.S. livestock: CME live cattle again hits 4-month high on cash prices

Dec. 22, 2016 at 3:51 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday climbed to a four-month high for a second day in a row, fuelled by short-covering and stronger-than-anticipated cash prices, said traders. CME livestock futures will close early on Friday and will be closed on Monday in observance of the Christmas […]

By Theopolis Waters

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

Dec. 21, 2016 at 6:13 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit their highest level in four months, partly driven by short-covering and cash price optimism for this week, said traders. December live cattle closed up 1.175 cents/lb. to 113.275 cents (all figures US$). Most actively-traded February ended up […]

By Theopolis Waters