Insights and Stories of Theopolis Waters

U.S. livestock: Cash price outlook boosts CME live cattle

Feb. 25, 2016 at 5:42 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts climbed on Thursday, propelled by anticipation of firm cash prices by Friday amid improved wholesale beef demand, traders said. The February contract, which will expire on Monday, closed up 0.9 cent/lb. to 137.875 cents (all figures US$). April ended 1.2 […]

U.S. livestock: Brisk beef demand pushes CME live cattle higher

Feb. 24, 2016 at 3:42 pm CST

By Theopolis Waters

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

Feb. 23, 2016 at 5:22 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle move higher with beef prices

Feb. 22, 2016 at 4:16 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle close mostly weak before USDA report

Feb. 19, 2016 at 4:39 pm CST

By Theopolis Waters

Cattle placed in U.S. feedlots in January dip from last year

Feb. 19, 2016 at 4:34 pm CST

Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching average industry forecasts. Feedlots were cautious about buying calves, or feeder, cattle while struggling to recoup 14 straight months of […]

By Theopolis Waters

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

Feb. 18, 2016 at 7:01 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a third consecutive day on Thursday, with help from fund buying and anticipation of strong cash prices by late Friday, traders said. February closed 1.05 cents/lb. higher at 135.15, and April ended at 134.375 cents, up 0.95 cents […]

By Theopolis Waters

U.S. livestock: CME live cattle charge upward

Feb. 17, 2016 at 3:48 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a second straight day on Wednesday, after more fund buying lifted futures which could lend support to cash prices as early as Thursday, traders said. February closed 1.15 cents/lb. higher at 134.1, and April ended at 133.425 cents, […]

By Theopolis Waters

U.S. livestock: Fund buying boosts CME live cattle limit-up

Feb. 16, 2016 at 3:41 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled up by their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and April ended at 132.95 cents and 132.125 cents/lb., respectively. Live cattle’s trading limit will be expanded to 4.5 cents on […]

By Theopolis Waters

U.S. livestock: CME live cattle fade before holiday

Feb. 12, 2016 at 5:27 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell modestly on Friday, following this week’s cheaper cash prices and the potential for further declines next week, traders said. The CME will be closed on Monday in observance of the U.S. Presidents Day holiday. Packers in the U.S. Plains […]

By Theopolis Waters