Insights and Stories of Theopolis Waters

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U.S. livestock: Lower cash prices again send CME hogs to six-year low

Nov. 6, 2015 at 5:27 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts drifted to a six-year low for a second straight day on Friday as plentiful seasonal supplies pulled prices for market-ready (cash) hogs lower, traders said. Spot December finished 0.4 cent/lb. lower at 55 cents, and February ended down 0.3 cent […]

U.S. livestock: CME cattle futures fall third straight session

Nov. 5, 2015 at 4:24 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures slump by 3-cents price limit

Nov. 4, 2015 at 2:51 pm CST

By Theopolis Waters

U.S. livestock: Drop in beef prices weighs on CME live cattle futures

Nov. 3, 2015 at 3:00 pm CST

By Theopolis Waters

U.S. livestock: Live cattle futures end mostly firm; hogs weaker

Nov. 2, 2015 at 6:51 pm CST

By Theopolis Waters

U.S. livestock: Live cattle futures slide on final trading session

Oct. 30, 2015 at 6:15 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, the last trading session of the month, with pressure from uneasiness about remaining prices for remaining market-ready, or cash, cattle by late Friday evening, traders said. Spot October, which expired at noon CDT (1700 GMT), settled 0.875 cents […]

By Theopolis Waters

U.S. livestock: Steep drop in pork belly prices sink CME lean hog futures

Oct. 29, 2015 at 6:49 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange lean hog futures ended lower on Thursday, pressured by downward-trending cash and wholesale pork prices, traders said. December closed down 1.525 cents per lb to 59.875 cents, and February was 1.500 cents lower at 63.000. Cash hog prices in the Iowa/Minnesota hog market […]

By Theopolis Waters

U.S. livestock: Live cattle futures rally by 3-cents/lb price limit

Oct. 28, 2015 at 3:56 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures settled up by their 3-cents per lb daily price limit on Wednesday, boosted by short-covering in response to improved wholesale beef demand and Tuesday’s better-than-expected preliminary cash prices, traders said. Spot October and December ended at 139.675 and 143.600 cents per […]

By Theopolis Waters

U.S. livestock: CME live cattle close lower, but up from session lows

Oct. 27, 2015 at 4:27 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Tuesday, pressured by cash price pessimism that later improved, following unexpectedly better cash prices which lifted contracts from morning lows, traders said. Spot October closed 2.875 cents/lb. lower at 136.675 cents, but is currently down 0.675 cents, […]

By Theopolis Waters

U.S. livestock: CME live cattle, hogs sag while digesting meat warnings

Oct. 26, 2015 at 5:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, following last Friday’s cash prices that fell short of expectations and worries over potential consumer response to news about a possible tie to red meat and cancer risk, traders said. The World Health Organization (WHO) warned […]

By Theopolis Waters