Insights and Stories of Theopolis Waters

LIVESTOCK – CME hogs futures slump on lower cash, pork prices

Jul. 30, 2014 at 3:30 pm CDT

CHICAGO, July 30 (Reuters) – Chicago Mercantile Exchange hogs on Wednesday settled lower, pressured by weak prices for slaughter-ready, or cash, hogs and pork at wholesale, traders said. August finished 2.300 cents per lb lower at 119.150 cents, and October was down 2.375 to 103.700. The Wednesday afternoon average price […]

LIVESTOCK – CME hogs futures fall with sagging cash prices

Jul. 29, 2014 at 3:25 pm CDT

By Theopolis Waters

LIVESTOCK-Mixed CME live cattle close after hitting record high

Jul. 28, 2014 at 3:32 pm CDT

By Theopolis Waters

Livestock: Healthy pastures drop U.S. June cattle placements by 6 pct

Jul. 25, 2014 at 4:00 pm CDT

By Theopolis Waters

LIVESTOCK: CME hog futures slide on weaker cash, pork prices

Jul. 24, 2014 at 3:59 pm CDT

By Theopolis Waters

LIVESTOCK: CME hogs drop 3-cent price limit as funds sell off

Jul. 23, 2014 at 4:05 pm CDT

Chicago/Reuters — Most Chicago Mercantile Exchange hog futures on Wednesday closed down the 3-cents per lb maximum daily price limit in the wake of fund liquidation, traders said. August ended 3.000 cents per lb lower at 124.575 cents, and October at 110.450, 3.000 cents lower. Packers snug on supplies for […]

By Theopolis Waters

LIVESTOCK: CME live cattle jump about 2 pct on record beef prices

Jul. 22, 2014 at 4:55 pm CDT

Reuters — Chicago Mercantile Exchange live cattle futures rose almost 2 per cent on Tuesday, fueled by short-covering in response to record-high beef prices, traders said. Tuesday morning’s wholesale price for choice beef surged $3.07 per hundredweight (cwt) from Monday to an all-time high of $253.59. Select beef climbed $2.10 […]

By Theopolis Waters

LIVESTOCK: Beef price surge extends CME live cattle advances

Jul. 21, 2014 at 4:05 pm CDT

Chicago Mercantile Exchange live cattle futures gained for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. August live cattle finished 1.325 cents per lb higher at 152.950 cents, and October 0.925 cent higher at 155.250. Monday morning’s wholesale price for choice beef jumped $2.02 per […]

By Theopolis Waters

LIVESTOCK: CME live cattle climb following beef price rebound

Jul. 17, 2014 at 3:03 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle closed higher on Thursday, driven by short-covering after wholesale beef prices ended their recent downtrend, traders said. Thursday morning’s wholesale price for choice beef rose 85 cents per hundredweight (cwt) from Wednesday to $251.67. Select beef jumped $1.90 to $244.76, according to the U.S. […]

By Theopolis Waters

LIVESTOCK: Slowed beef demand weakens CME live cattle futures

Jul. 16, 2014 at 3:42 pm CDT

Chicago/Reuters — Chicago Mercantile Exchange live cattle on Wednesday pared Tuesday’s gains following lower trending wholesale beef prices, suggesting demand may have peaked in the near term, traders said. Wednesday morning’s wholesale price for choice beef, or cutout, slipped 37 cents per hundredweight (cwt) from Tuesday to $250.16 per cwt. Select […]

By Theopolis Waters