Insights and Stories of Theopolis Waters

Sept. U.S. feedlot cattle placements near 20-year low

Oct. 24, 2015 at 4:17 am CDT

Chicago | Reuters — The number of cattle moved into U.S. feedlots in September fell to its lowest since the government began compiling the data in 1996, a U.S. Department of Agriculture report showed on Friday. Last month’s placement results were nearly in line with analysts’ forecasts, mostly based on […]

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

Oct. 23, 2015 at 6:29 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle close higher, hogs lower

Oct. 22, 2015 at 6:22 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end mixed, hogs weaker

Oct. 21, 2015 at 5:10 pm CDT

By Theopolis Waters

U.S. livestock: Higher beef prices extend CME live cattle advances

Oct. 20, 2015 at 3:37 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle up again as beef quotes rise

Oct. 19, 2015 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher for a second straight session Monday, supported by the morning’s wholesale beef price increase, traders said. Spot October closed 2.325 cents/lb. higher at 138.275, and December up 2.225 cents to 141.65 (all figures US$). Monday morning’s wholesale choice […]

By Theopolis Waters

U.S. livestock: CME live cattle limit up on strong cash prices

Oct. 16, 2015 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed sharply on Friday, with October settling up the three cents per pound daily price limit, ignited by short-covering after initial cash prices beat expectations. Spot October closed at 135.95 cents/lb. and December rose 2.875 cents, to 139.425 (all figures […]

By Theopolis Waters

U.S. livestock: Cash price caution undercuts CME live cattle

Oct. 15, 2015 at 2:53 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Thursday after traders took profits while waiting for this week’s cash cattle trade to develop, traders said. Spot October closed 0.8 cent/lb. lower at 132.95 cents, and December down 0.875 cent, to 136.55 (all figures US$). “It […]

By Theopolis Waters

Hog supplies grow as U.S. hog weights rise seasonally

Oct. 14, 2015 at 5:09 pm CDT

Chicago | Reuters –– U.S. hog weights have risen three times in as many weeks, likely confirming the onset of increasing hog numbers through the rest of the year, according to a university economist. Affordable feed and cooler weather in the Midwest are allowing hogs to grow faster, coinciding with […]

By Theopolis Waters

U.S. livestock: Higher cash price outlook lifts CME live cattle

Oct. 14, 2015 at 5:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, supported by rising wholesale beef values that could help strengthen cash prices as early as Thursday, traders said. Spot October closed 1.325 cents/lb. higher at 133.75 cents, and December up 0.225 cent to 137.425 (all figures US$). […]

By Theopolis Waters