Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: Fund buying rallies CME hog futures

May. 22, 2014 at 1:47 am CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher on Wednesday, supported by short-covering and fund buying, traders said. Speculation about tight supplies ahead pegged to the porcine epidemic diarrhea virus (PEDv) provided further support to futures that ignored Wednesday’s drop in market-ready hog and wholesale pork prices. […]

U.S. livestock: Profit-taking undercuts CME live cattle

May. 20, 2014 at 4:36 pm CDT

By Theopolis Waters

U.S. livestock: Tight supply outlook rallies CME feeder cattle to new high

May. 20, 2014 at 1:27 am CDT

By Theopolis Waters

Weather weighs in with virus on U.S. hog weights

May. 16, 2014 at 3:50 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle gain ahead of USDA report

May. 16, 2014 at 3:42 pm CDT

By Theopolis Waters

U.S. livestock: CME hog futures drop on cash price unease

May. 15, 2014 at 5:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by uneasiness about cash hog price direction amid ample supplies and slim packer margins, traders said. On Thursday, packers processed 413,000 hogs, 17,000 more than last week and up 8,000 from a year ago, the U.S. Department […]

By Theopolis Waters

U.S. livestock: CME hog futures close higher but off session tops

May. 14, 2014 at 4:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher Wednesday in anticipation of tighter supplies linked to the porcine epidemic diarrhea virus (PEDv), traders said. May hogs, which expired at noon CT, settled unchanged at 112.4 cents per pound (all figures US$). June ended 0.975 cent higher at […]

By Theopolis Waters

U.S. livestock: Cash price bounce sends CME hogs mostly higher

May. 13, 2014 at 4:46 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange hog futures gained on Tuesday, driven by short-covering in response to higher prices for slaughter-ready or cash hogs, traders said. Aside from the CME May hog contract, which will expire on Wednesday, remaining months gained as packers spent more for supplies to […]

By Theopolis Waters

U.S. livestock: CME hog futures end mixed as cash prices move lower

May. 12, 2014 at 5:33 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed mixed on Monday after market-ready or cash hog prices pressured nearby contracts, but the “roll” by funds supported back months, traders said. Monday afternoon’s hog price in the Iowa/Minnesota market dropped $2.42 per hundredweight (cwt) from Friday to $108.35, the […]

By Theopolis Waters

U.S. livestock: Cheaper corn pushes CME feeder cattle to record high

May. 9, 2014 at 6:26 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Friday hit a record high, boosted as corn prices fell after the government’s bearish crop report, traders said. U.S. corn futures fell more than one per cent after the U.S. Department of Agriculture’s forecast for rising global supplies. Cheaper […]

By Theopolis Waters