Insights and Stories of Theopolis Waters

U.S. livestock: Most CME live cattle futures rise on short-covering

Jun. 14, 2016 at 3:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mostly higher on Tuesday, driven by short-covering after contracts settled down their three cents/lb. daily price limit on Monday, traders said. CME’s live cattle futures will return to the normal three-cent limit on Wednesday after failing to settle at […]

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

Jun. 10, 2016 at 5:10 pm CDT

By Theopolis Waters

U.S. livestock: Cash price optimism underpins CME live cattle

Jun. 9, 2016 at 6:27 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rally on fund buying, beef demand

Jun. 8, 2016 at 3:54 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle finish mostly weak

Jun. 7, 2016 at 4:01 pm CDT

By Theopolis Waters

U.S. livestock: Fund sales reverse initial live cattle gains

Jun. 6, 2016 at 4:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled lower after profit-taking and fund liquidation beat back early-session advances following Friday’s higher cash prices, traders said. June live cattle closed 1.225 cents/lb. lower at 120.775 cents, and August ended down 1.25 cents to 116.55 cents (all […]

By Theopolis Waters

U.S. livestock: CME live cattle rise on cash price outlook

Jun. 3, 2016 at 4:28 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished firm on Friday in anticipation of better cash prices than last week, traders said. June live cattle closed 0.275 cent/lb. higher at 122 cents, and August ended up 0.15 cent to 117.8 cents (all figures US$). After futures closed, […]

By Theopolis Waters

U.S. livestock: Cash price optimism lifts CME live cattle

Jun. 2, 2016 at 3:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted slight gains on Thursday in anticipation of packers paying the same or more for supplies than last week, traders said. June live cattle closed 0.3 cent/lb. higher at 121.725 cents, and August ended up 0.2 cent, to 117.65 cents […]

By Theopolis Waters

U.S. livestock: CME live cattle close mixed

Jun. 1, 2016 at 7:01 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday after the morning’s higher wholesale beef prices prompted traders to buy the June contract and simultaneously sell August, traders said. June live cattle closed up 0.325 cent/lb. to 121.425 cents, and August ended 0.6 cent lower […]

By Theopolis Waters

U.S. livestock: Weak cash outlook limits live cattle advances

May. 25, 2016 at 4:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, helped by short-covering and bargain hunting after recent market losses, traders said. But expectations of softer market-ready, or cash, cattle prices by Friday, and subsequent increased supplies, tempered market advances, traders said. “Futures is an anticipatory market. […]

By Theopolis Waters