Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: Hog futures jump on fund buying, USDA report

Mar. 28, 2016 at 4:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, driven by short-covering and fund buying after contracts broke through technical resistance levels, traders said. They said last Friday’s U.S. Department of Agriculture quarterly hog report stirred additional deferred-month buying. The survey showed modest U.S. herd […]

U.S. livestock: CME live cattle snap five-day losing streak

Mar. 24, 2016 at 3:35 pm CDT

By Theopolis Waters

U.S. livestock: Lower cash price outlook sends CME live cattle lower

Mar. 23, 2016 at 4:35 pm CDT

By Theopolis Waters

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

Mar. 22, 2016 at 7:23 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs see biggest one-day loss in three months

Mar. 21, 2016 at 4:03 pm CDT

By Theopolis Waters

Cattle placed in U.S. feedlots jump to eight-year high

Mar. 19, 2016 at 3:12 pm CDT

Chicago | Reuters — The number of cattle put into U.S. feedlots in February climbed 10 per cent from a year earlier to their highest level for that month in eight years, according to a government report released Friday. The placement results, which shed light on future prices for cattle […]

By Theopolis Waters

U.S. livestock: CME live cattle slump before USDA report

Mar. 18, 2016 at 4:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday ahead of the bulk of this week’s cash sales, later in the afternoon, and the government’s monthly Cattle on Feed report at 2 p.m. CT, traders said. April live cattle ended 1.325 cents/lb. lower at 139.825, and […]

By Theopolis Waters

U.S. livestock: CME live cattle ease ahead of cash prices, USDA report

Mar. 17, 2016 at 3:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, weakened by profit-taking as investors wait for market-ready, or cash, cattle to change hands by Friday, traders said. Some traders also positioned themselves for Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. April live […]

By Theopolis Waters

U.S. livestock: CME live cattle end firm, but off recent peak

Mar. 16, 2016 at 2:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished moderately higher on Wednesday as the steep climb in wholesale beef values fueled expectations for strong cash prices by Friday, traders said. Futures hit a 4-1/2-month peak but pared gains on profit-taking and positioning ahead of the U.S. Department […]

By Theopolis Waters

U.S. livestock: Surging beef prices push CME live cattle higher

Mar. 15, 2016 at 4:59 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, driven by a recent surge in wholesale beef prices that stirred optimism for cash prices later this week, traders said. April futures ended 1.425 cents/lb. higher at 140.725 (all figures US$). June closed up 1.5 cents/lb. […]

By Theopolis Waters