Insights and Stories of Theopolis Waters

Aug. 7, 2015 at 3:19 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs slumped for a third consecutive session on Friday as hefty supplies continued to drag down prices for market-ready (cash) hogs, traders said. Spot-August futures finished 0.75 cent/lb. lower at 77.325 cents, and most-active October down 0.325 cent at 64.125 cents. Friday […]

By Theopolis Waters

Aug. 6, 2015 at 3:48 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs tumbled more than two per cent on Thursday following the morning’s cash hog and wholesale pork price retreat, traders said. Spot-August futures finished 2.15 cents/lb. lower at 78.075 cents, and most-active October down 2.325 cents at 64.45 cents (all figures US$). […]

By Theopolis Waters

Aug. 5, 2015 at 4:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 […]

By Theopolis Waters

Aug. 4, 2015 at 4:19 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle barely eked out a four-day win streak after Tuesday’s choppy session, underpinned by anticipation of the same or better cash prices than a week ago, traders said. Spot-August futures closed 0.225 cent/lb. higher at 148.225 cents, and October up 0.1 cent […]

By Theopolis Waters

Jul. 31, 2015 at 9:10 am CDT

Chicago/Reuters – Chicago Mercantile Exchange lean hogs closed lower on Friday as hefty supplies continued to pressure cash and wholesale pork values, traders and analysts said. August ended down 1.175 cents per lb at 78.500 cents, and October 1.975 cents lower at 63.725 cents. Market-ready, or cash, hogs in the western […]

By Theopolis Waters