Insights and Stories of Theopolis Waters

Nov. 18, 2014 at 6:13 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Tuesday, weighed by the drop in prices for slaughter-ready or cash hogs and pork at wholesale, traders said. December closed 1.45 cents per pound lower at 91.55 cents, and February down 1.5 cents at 91.125 cents (all figures […]

By Theopolis Waters

Nov. 17, 2014 at 5:39 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher Monday, helped by the morning’s strong wholesale beef values and last week’s record-high cash prices, traders said. Monday morning’s choice wholesale beef price jumped $2.03 per hundredweight (cwt) from Friday to $254.19 (all figures US$). Select climbed $1.53 […]

By Theopolis Waters

Nov. 14, 2014 at 4:49 pm CST

Chicago | Reuters — Prices for slaughter-ready or cash cattle in the U.S. Plains hit an all-time high Friday, fueled by an early winter storm at a time of the smallest herd since the early 1950s. Some beef packers paid record cattle prices of $171 to $172 per hundredweight (cwt) […]

By Theopolis Waters

Nov. 14, 2014 at 2:36 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Friday while anticipating strong prices for market-ready or cash cattle this week, traders said. December closed 0.55 cents per pound higher at 170.2 cents, and February at 171.275 cents up 0.25 cents (all figures US$). Processors are […]

By Theopolis Waters

Nov. 13, 2014 at 3:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher Thursday in anticipation of steady or better prices for slaughter-ready or cash cattle this week, traders said. December closed 2.175 cents per pound higher at 169.925 cents, and February at 171.025 cents/lb. up 1.45 cents (all figures US$). […]

By Theopolis Waters