Insights and Stories of Theopolis Waters

U.S. livestock: CME live cattle halt eight-session skid

Dec. 12, 2017 at 4:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday for the first session in the past nine, aided by short-covering and fund-buying, traders said. “I think that the major reason for the rally is the extreme oversold condition of the cattle futures,” said Joe Ocrant, […]

U.S. livestock: CME hogs at three-month low on cash, pork prices

Dec. 11, 2017 at 4:52 pm CST

By Theopolis Waters

U.S. livestock: Lower cash, pork prices pull down CME hogs

Dec. 6, 2017 at 6:20 pm CST

By Theopolis Waters

U.S. livestock: CME feeder cattle down on fund selloff

Dec. 5, 2017 at 4:03 pm CST

By Theopolis Waters

U.S. livestock: Cash price jitters drop CME live cattle

Dec. 4, 2017 at 3:39 pm CST

By Theopolis Waters

U.S. livestock: Profit-taking undercuts CME live cattle

Nov. 24, 2017 at 3:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday were weakened by profit-taking during a shortened session following the U.S. Thanksgiving Day holiday. CME livestock markets closed early at 12:15 p.m. CT and will resume on Monday at 8:30 a.m. CT. Technical selling, and potential cattle supply […]

By Theopolis Waters

U.S. livestock: Fund buying rallies CME lean hog futures

Nov. 22, 2017 at 4:48 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs settled higher on Wednesday, with support from fund buying and short-covering before the U.S. Thanksgiving Day holiday, traders said. CME livestock markets will be closed for Thursday’s holiday, but resume on Friday at 8:30 a.m. CT and close early at 12:15 […]

By Theopolis Waters

U.S. livestock: CME live cattle rebound on cash, beef prices

Nov. 21, 2017 at 5:32 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rallied from Monday’s losses, ignited by short-covering as investors digested initial cash prices and firmer wholesale beef values, said traders. Technical buying contributed to market advances along with unwinding of Monday’s short live cattle futures long hog spreads, […]

By Theopolis Waters

U.S. livestock: Fund selloff sinks CME live cattle to 4-month low

Nov. 20, 2017 at 3:46 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell to their lowest level in four months on Monday, hit by fund selling and Friday’s bearish U.S. government cattle report, traders said. Last Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report showed ranchers in October placed the highest number […]

By Theopolis Waters

U.S livestock: CME live cattle futures ease before USDA report

Nov. 17, 2017 at 4:48 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished the week with losses as investors tweaked positions ahead of the U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT), said traders. Analysts, on average, expect the report to show 7.7 percent more cattle were […]

By Theopolis Waters