Insights and Stories of Theopolis Waters

May. 27, 2015 at 4:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday after initial selling, helped by short-covering and futures’ discounts to last week’s cash prices, traders said. June closed 0.675 cent per pound higher at 152.475 cents, and August ended up 0.8 cent at 151.425 cents (all figures […]

By Theopolis Waters

May. 22, 2015 at 4:07 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed moderately lower Friday on profit-taking and in response to the U.S. Department of Agriculture’s monthly Cattle on Feed report earlier in the day, traders said. The number of cattle put into U.S. feedlots in April unexpectedly slowed compared with the […]

By Theopolis Waters

May. 21, 2015 at 4:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday on short-covering and futures’ discounts to cash prices, traders said. June closed up 1.025 cents per pound, to 152.375 cents, and August was 1.175 cents higher at 150.9 cents (all figures US$). This week, the bulk of […]

By Theopolis Waters

May. 20, 2015 at 6:31 pm CDT

Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange finished lower during the regular session on Wednesday, pressured by cash cattle prices that were initially weak, traders said. But contracts turned higher in after-hours (electronic) trading as cash prices improved, they said. Pit-traded June live cattle closed […]

By Theopolis Waters

May. 19, 2015 at 5:41 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to an all-time high, traders said. June closed up 0.4 cent per pound to 151.975 cents, and August was 0.575 cent […]

By Theopolis Waters