Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: CME hogs end mixed as funds roll into new months

May. 8, 2014 at 4:10 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed mixed on Thursday as funds sold, or rolled, the June contract and bought deferred months, traders said. Funds trading in CME’s hogs and live cattle markets shifted June long positions further back in a procedure known as the “roll” by […]

PED could cut U.S. output by seven per cent in 2014: Rabobank

May. 7, 2014 at 6:03 pm CDT

By Theopolis Waters

U.S. livestock: Fallen cash prices extend CME hogs’ losses

May. 7, 2014 at 4:54 pm CDT

By Theopolis Waters

U.S. livestock: CME feeder cattle hit all-time high as calf prices firm

May. 6, 2014 at 4:52 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle sag on profit-taking

May. 5, 2014 at 4:21 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end lower after volatile day

May. 2, 2014 at 7:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Friday after a choppy session, dragged down by profit-taking that trumped steady-to-higher prices for market-ready or cash cattle, traders said. On Friday, cash cattle in Texas traded at $146 per hundredweight (cwt), up $1 from last week, […]

By Theopolis Waters

U.S. livestock: CME feeder cattle at record high on strong calf prices

May. 1, 2014 at 3:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Thursday closed at an all-time high, with some contracts up by the three-cent price limit, fueled by costly prices for young calves for fattening, traders said. Prices for light-weight feeder cattle are “on fire,” said Jim Clarkson, a broker […]

By Theopolis Waters

U.S. livestock: Cash price woes drop CME hogs

Apr. 30, 2014 at 3:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Wednesday closed down more than two per cent, pressured by the recent decline in cash and wholesale pork prices, traders said. Although the morning’s wholesale pork prices inched upward, mixed cash hog returns left traders uneasy about those prices in […]

By Theopolis Waters

U.S. livestock: Fund buying helps CME hogs close mostly higher

Apr. 29, 2014 at 5:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hogs closed mostly higher on Tuesday, with support from fund buying that helped most contracts beat back early-session losses, traders said. Short-covering contributed to overall CME hog advances. May futures could not overcome their bearish premium to CME’s hog index, at 116.83 cents, […]

By Theopolis Waters

U.S. livestock: CME feeder cattle hit record high as supplies tight

Apr. 28, 2014 at 4:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures spiked to a record high on Monday, driven by tight supplies of young calves for fattening at feedlots, traders said. Fewer cattle are available now following years of drought in parts of the United States that have forced ranchers to […]

By Theopolis Waters