Insights and Stories of Theopolis Waters

Beef Cattle Cow-Calf Hogs Markets Reuters

Livestock — Strong cash, pork prices lift CME hog futures

Jul. 14, 2014 at 3:44 pm CDT

Chicago|Reuters — Chicago Mercantile Exchange hog futures on Monday closed higher, supported by strong prices for slaughter-ready, or cash, hogs and wholesale pork values, traders said. Monday morning’s average hog price in the Iowa/Minnesota market rose $2.58 per hundredweight (cwt) from Friday to $133.77, the U.S. Department of Agriculture said. […]

U.S. livestock: CME live cattle end higher after wild ride

Jul. 11, 2014 at 6:36 pm CDT

By Theopolis Waters

U.S. livestock: Cash price drop rattles CME live cattle

Jul. 10, 2014 at 3:50 pm CDT

By Theopolis Waters

U.S. livestock: Fund liquidation sinks CME live cattle

Jul. 9, 2014 at 6:26 pm CDT

By Theopolis Waters

BLT costs harder to swallow with U.S. pig virus, drought

Jul. 9, 2014 at 3:20 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle futures drop as funds roll positions

Jul. 8, 2014 at 4:09 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled lower as funds rolled their positions by selling the August contract and buying deferred months, traders said. Funds trading in CME’s live cattle and hog markets shifted August long positions further back in a procedure known as […]

By Theopolis Waters

U.S. livestock: Record-high cash prices boost CME live cattle

Jul. 2, 2014 at 5:08 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled up sharply, supported by slaughter-ready or cash prices that hit all-time highs, traders said. Cash cattle in Kansas and Texas moved at mostly $158 per hundredweight (cwt), topping last week’s record by $3, according to feedlot sources […]

By Theopolis Waters

U.S. livestock: Cash price outlook rallies CME live cattle

Jul. 2, 2014 at 5:00 am CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Tuesday recovered from Monday’s losses, supported by anticipation of steady-to-better prices for market-ready or cash cattle as beef prices set new highs, traders said. Last week, cash cattle in the U.S. Plains fetched a record-high US$155 per hundredweight (cwt). Profitable […]

By Theopolis Waters

U.S. livestock: CME hogs jump as virus takes big toll on U.S. herd

Jun. 30, 2014 at 5:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed sharply higher on Monday, with most months up the three-cent daily price limit as investors covered short positions after learning a pig virus has hit the U.S. hog herd harder than expected, traders said. Friday’s U.S. Department of Agriculture hog […]

By Theopolis Waters

PEDv shrinks March-May U.S. hog herd more than expected

Jun. 27, 2014 at 7:02 pm CDT

Reuters — The U.S. hog herd shrank more than anticipated in the March-May quarter as a deadly pig virus swept through farms, a U.S. Department of Agriculture report showed on Friday. The data also showed that despite higher hog prices in the wake of the porcine epidemic diarrhea virus (PEDv), […]

By Theopolis Waters