Insights and Stories of Theopolis Waters

U.S. livestock: CME live cattle climb as funds roll

Jul. 14, 2016 at 3:59 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures gained for a second consecutive session on Thursday, supported by technical buying and the roll by funds out of August into deferred months, traders said. Thursday was the last of five days that funds in CME’s livestock markets that […]

U.S. livestock: CME live cattle rally on bargain buying

Jul. 13, 2016 at 4:29 pm CDT

By Theopolis Waters

U.S. livestock: Supply worries again sink CME live cattle to five-year low

Jul. 12, 2016 at 4:34 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle gain on cash price discount

Jul. 8, 2016 at 6:40 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle drop as funds roll August positions

Jul. 7, 2016 at 3:07 pm CDT

By Theopolis Waters

U.S. livestock: Supply worries sink lean hogs to one-month low

Jul. 6, 2016 at 8:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid to a one-month low, pressured by concerns over possibly more supplies ahead, traders said. July ended down 0.475 cent/lb. to 81.575 cents (all figures US$). Most actively traded August finished 2.625 cents lower at 80.625 cents. The government’s […]

By Theopolis Waters

U.S. livestock: CME live cattle up fourth straight day

Jun. 30, 2016 at 3:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended a winning streak to four sessions on Thursday with help from better-than-expected cash prices and firm wholesale beef values, traders said. June live cattle, which expired at noon CT, closed 1.1 cents/lb. higher at 120 cents (all figures US$). […]

By Theopolis Waters

U.S. livestock: Cash optimism lifts live cattle third straight day

Jun. 29, 2016 at 6:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose for a third day in a row on Wednesday, with help from expectations of steady or better cash prices by week’s end, traders said. June live cattle, which expires on Thursday, closed 1.825 cents/lb. higher at 118.9 cents. Most […]

By Theopolis Waters

June U.S. hog herd unexpectedly climbs to record high

Jun. 25, 2016 at 1:13 am CDT

Reuters — The U.S. hog herd in the March-May quarter rose two per cent to a record high versus a year ago, according to Friday’s U.S. Department of Agriculture report, which exceeded most analysts’ forecasts. Farmers added to their herds due to affordable feed, strong U.S. pork export demand and […]

By Theopolis Waters

U.S. livestock: Technical buying rallies CME live cattle

Jun. 21, 2016 at 7:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday reversed some of Monday’s losses, aided by short-covering and technical buying, traders said. Prior to Tuesday’s session, CME live cattle showed a Relative Strength Index (RSI) of 28. A reading below 30 suggests a market is technically oversold […]

By Theopolis Waters