Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: CME live cattle, hogs stumble on supply, demand woes

May. 18, 2015 at 8:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Monday on concern that supplies might outstrip demand ahead of the U.S. Memorial Day holiday-shortened work week, traders said. Packers bought fewer cattle last week which may have compounded the seasonal supply increase, they said. Cattle numbers are […]

U.S. livestock: Profit-taking stalls CME live cattle uptrend

May. 15, 2015 at 4:36 pm CDT

By Theopolis Waters

U.S. livestock: Record beef prices extend CME live cattle gains

May. 14, 2015 at 5:05 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle jump on beef price bounce

May. 13, 2015 at 5:25 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle, hogs end higher after volatile session

May. 12, 2015 at 5:53 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle gain fades as funds roll positions

May. 11, 2015 at 4:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, paring early advances, after funds sold or rolled their June positions and bought deferred months, traders said. Funds trading in CME’s live cattle and hog markets shifted June long positions further back in a procedure known […]

By Theopolis Waters

Higher U.S. beef prices ahead as grills fire up, imports cool down

May. 8, 2015 at 7:59 pm CDT

Chicago/Wellington | Reuters –– Record-high U.S. beef prices will likely climb even higher this summer just as Australia and New Zealand imports dwindle under an extended drought in those countries and demand for steaks in the U.S. rises. Both countries were among the top three exporters of beef to the […]

By Naomi Tajitsu Theopolis Waters

U.S. livestock: CME live cattle jump on cash prices

May. 8, 2015 at 7:21 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed up sharply on Friday, fuelled by better-than-expected prices for market-ready cattle, traders said. June ended 2.125 cents higher at 151.5 cents per pound, and August 1.55 cents, to 149.825 cents (all figures US$). On Friday, cash cattle in Kansas […]

By Theopolis Waters

U.S. livestock: Profit-taking ends CME hogs’ three-day uptrend

May. 7, 2015 at 5:37 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures finished lower Thursday on profit-taking after three consecutive days of gains, traders said. May hogs closed 0.5 cent per pound lower at 79.85 cents, and June down 0.55 cent to 83.5 cents/lb. (all figures US$). Despite strong pork cutout values, […]

By Theopolis Waters

U.S. livestock: Bullish fundamentals extend CME hog gains

May. 6, 2015 at 6:12 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures gained for a third straight session on Wednesday, backed by rising cash and wholesale pork prices, traders said. May hogs closed 1.35 cents higher at 80.35 cents per pound, and June was up 1.3 cents to 84.05 cents/lb. (all figures […]

By Theopolis Waters