Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: CME live cattle close lower with beef prices

Aug. 13, 2014 at 7:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Wednesday after packers cut the cost of beef at wholesale markets to stir retail buying ahead of the Labour Day holiday, traders said. August live cattle ended 1.4 cents per pound lower at 148.225, and October closed […]

U.S. livestock: CME live cattle fall sharply with initial cash prices

Aug. 12, 2014 at 5:55 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle turn higher on short-covering

Aug. 11, 2014 at 4:32 pm CDT

By Theopolis Waters

U.S. livestock: CME live, feeder cattle end limit-down

Aug. 8, 2014 at 5:13 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle slump with cash prices

Aug. 7, 2014 at 5:23 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle, hogs end firm after choppy session

Aug. 6, 2014 at 4:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed firm, supported by their discounts to last week’s prices for market-ready or cash cattle, traders said. CME hogs also posted gains, helped by short-covering after brushing aside lower cash and wholesale prices, they said. The live cattle […]

By Theopolis Waters

U.S. livestock: CME hogs fall on worries of supply increase ahead

Aug. 5, 2014 at 3:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures ended lower on Tuesday, weighed down by concerns that unseasonably cool midsummer weather will persist into the fall and boost supply by putting weight on hogs quicker, traders and analysts said. Hog weights have declined modestly so far this summer, but […]

By Theopolis Waters

LIVESTOCK: CME live cattle end lower, but off session bottoms

Aug. 1, 2014 at 3:05 pm CDT

Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Friday, partly pressured by residual profit-taking and fund liquidation after Thursday’s deep losses, traders said. However, futures closed off morning lows following initial reports of a less-than-expected decline in the price for market-ready, or cash, cattle. “Judging by big […]

By Theopolis Waters

LIVESTOCK: CME live cattle fall, pressured by equities tumble

Jul. 31, 2014 at 3:44 pm CDT

Chicago Mercantile Exchange live cattle contracts closed sharply lower on Thursday, pulled down by the stock market’s sheer drop caused by European deflation and Argentina default worries. Wall Street investors dumped long positions across a broad range of commodities, including CME livestock futures, an analyst said. Global economic jitters could […]

By Theopolis Waters

Cargill, citing shrinking cattle herd, to shut Wisconsin beef plant

Jul. 31, 2014 at 10:38 am CDT

Reuters — Cargill Inc, one of the nation’s largest beef processors, said on Wednesday it plans to close its Milwaukee, Wisconsin, beef-processing plant on Friday, because the size of the U.S. herd has fallen to its smallest in 63 years. The ground beef production side of the plant, which employs […]

By Theopolis Waters