Insights and Stories of Theopolis Waters

U.S. livestock: Cash price outlook extends CME live cattle losses

May. 24, 2016 at 4:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for a second straight session on Tuesday, pressured by follow-through selling and potentially softer cash prices later this week, traders said. June live cattle closed down 0.15 cent/lb. at 118 cents, and August ended 1.275 cents lower at 113.175 […]

April U.S. cattle placed in feedlots at three-year high

May. 20, 2016 at 7:06 pm CDT

By Theopolis Waters

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

May. 16, 2016 at 7:17 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle climb for sixth straight session

May. 6, 2016 at 3:14 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rally fifth day in a row

May. 5, 2016 at 3:29 pm CDT

By Theopolis Waters

U.S. livestock: More gains for CME live cattle

May. 4, 2016 at 3:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday gained for a fourth day in a row, after technical buying and futures’ discounts to last week’s cash prices offset early-session selling, traders said. June live cattle closed 1.075 cents/lb. higher at 117.45 cents, and August ended up […]

By Theopolis Waters

U.S. livestock: CME live cattle up third straight session

May. 3, 2016 at 4:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday marked three days of gains, supported by their discounts to last week’s prices for market-ready, or cash, cattle, traders said. June live cattle closed 0.575 cent/lb. higher at 116.375 cents, and August ended up 0.625 cent at 114.35 […]

By Theopolis Waters

U.S. livestock: CME live cattle extend gains

May. 2, 2016 at 4:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Monday landed in positive territory for a second straight session, driven by more short-covering and futures’ discounts to last week’s cash prices, traders said. June live cattle closed 0.875 cent/lb. higher at 115.8 cents, and August ended up 1.3 […]

By Theopolis Waters

U.S. livestock: CME live cattle close higher, but off highs

Apr. 29, 2016 at 3:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reversed some of Thursday’s steep losses, helped by short-covering after investors squared positions on the last trading session for the month, traders said. April live cattle, which expired at noon CT, settled 0.25 cent/lb. higher at 123.1 cents […]

By Theopolis Waters

U.S. livestock: Sluggish beef demand sinks CME live cattle

Apr. 28, 2016 at 3:48 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled sharply lower on Thursday, with the June contract down by its three-cent/lb. daily price limit, as sluggish beef demand threatened to pressure cash prices by Friday, traders said. Lightly-traded April live cattle, which has no limit on the final […]

By Theopolis Waters