Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: CME live cattle slump before USDA report

Feb. 20, 2015 at 3:37 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell Friday on lower cash prices before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show a sizable drop in the number of cattle placed into feedlots last month. This […]

West Coast port impasse beefs up U.S. meat stockpile

Feb. 19, 2015 at 5:06 pm CST

By Theopolis Waters

U.S. livestock: Improved fundamentals extend CME hogs’ advances

Feb. 19, 2015 at 4:45 pm CST

By Theopolis Waters

U.S. livestock: Strong beef prices lift CME live cattle

Feb. 18, 2015 at 7:18 pm CST

By Theopolis Waters

U.S. livestock: Profit-taking slams CME live cattle, hogs

Feb. 17, 2015 at 3:06 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle up on cash price hopes, BSE report

Feb. 13, 2015 at 4:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted significant gains on Friday, in anticipation of higher cash prices and short-covering before Monday’s Presidents Day holiday in the U.S., traders said. News of Canada’s first case of bovine spongiform encephalopathy (BSE) since 2011 provided further support to CME […]

By Theopolis Waters

U.S. livestock: CME hogs jump on bargain hunting, cattle firm

Feb. 12, 2015 at 5:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. February, which will expire on Friday, closed 0.725 cent per pound higher at 61.95 cents, and April up 0.675 cent, to 64.5 cents (all figures US$). […]

By Theopolis Waters

U.S. livestock: CME live cattle, hogs slump on demand, supply jitters

Feb. 11, 2015 at 5:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell hard Wednesday on profit-taking led by slack meat sales ahead of increased supplies later, traders said. February closed 0.5 cent per pound lower at 158.6 cents, and April down 2.675 cents, to 151.1 cents (all figures US$). Tuesday’s U.S. […]

By Theopolis Waters

U.S. livestock: CME live cattle, hog futures close mixed

Feb. 10, 2015 at 5:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle ended mixed on Tuesday with nearby contracts supported by their discounts to recent cash prices, while back months sagged on forecasts for increased supplies ahead, traders said. February closed 0.65 cent per pound higher at 159.1 cents, and April up 0.125 […]

By Theopolis Waters

U.S. livestock: CME hog futures resume slide to six-year low

Feb. 9, 2015 at 4:31 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs returned to their lowest level in six years on Monday, pressured by softer cash prices and profit-taking after a futures rally last Friday, traders said. February closed 2.6 cents per pound lower at 61.275 cents, and April down 2.525 cents, to […]

By Theopolis Waters