Insights and Stories of Theopolis Waters

Nov. 20, 2015 at 6:07 pm CST

Chicago | Reuters — The number of cattle placed into U.S. feedlots last month declined four per cent from a year ago to their lowest level for October since the government began tabulating the data in 1996, a U.S. Department of Agriculture report showed on Friday. October’s placement results nearly […]

By Theopolis Waters

Nov. 19, 2015 at 4:48 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Thursday after profit-taking and a drop in the day’s wholesale beef price ended a two-day rally, traders said. Spot December and February finished 1.075 cents/lb. lower at 129.9 and 132.05 cents, respectively (all figures US$). Thursday morning’s wholesale […]

By Theopolis Waters

Nov. 18, 2015 at 5:54 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second day in a row Wednesday, helped by more short-covering as expectations improved regarding cash prices later this week, traders said. Spot December finished at 130.975 cents/lb., up 2.95 cents, and February 2.55 cents higher at […]

By Theopolis Waters

Nov. 17, 2015 at 7:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday amid massive short-covering spurred by higher wholesale beef values that overcame selling led by lower cash price expectations for later this week, traders said. Spot December finished at 128.025 cents/lb., up 0.35 cent, and February 0.925 […]

By Theopolis Waters

Nov. 16, 2015 at 6:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, traders and analysts said. Spot December finished at 127.675 cents/lb., and February at 129.65 cents (all figures US$). Live cattle’s […]

By Theopolis Waters