Insights and Stories of Theopolis Waters

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: CME hogs, live cattle finish mostly lower

Apr. 10, 2014 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hogs settled mostly lower on Thursday following a choppy day of trading. Lead-month April hogs, which will expire on April 14, drew support from its discount to CME’s hog index at 128.62 cents (all figures US$). Profit-taking stirred by nervousness about market-ready, or […]

U.S. livestock: CME hogs settle higher after volatile session

Apr. 9, 2014 at 6:51 pm CDT

By Theopolis Waters

U.S. livestock: Fund liquidation erases CME hogs’ new high

Apr. 2, 2014 at 3:41 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs hit new high, led by discount to cash prices

Apr. 1, 2014 at 4:56 pm CDT

By Theopolis Waters

U.S. hog herd decline less than expected despite PEDv

Mar. 28, 2014 at 5:51 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs end firm in choppy action before USDA report

Mar. 28, 2014 at 3:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures settled firmer on Friday after a volatile day of trading before the highly anticipated U.S. Department of Agriculture quarterly hog report at 2 p.m. CT. Analysts’ estimates for USDA’s Friday report varied widely, reflecting uncertainty about how much the data will […]

By Theopolis Waters

U.S. livestock: CME hogs limit-up on record-high cash prices

Mar. 27, 2014 at 3:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday jumped to their three-cents daily price limit, ignited by record-high prices for slaughter-ready or cash hogs, traders and analysts said. The morning’s hog price at the closely watched Iowa/Minnesota market surged $4.70 per hundredweight (cwt) from Wednesday to a […]

By Theopolis Waters

U.S. livestock: Bargain hunters help CME hogs pare losses

Mar. 26, 2014 at 5:13 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange hog futures turned higher on Wednesday, supported by bargain hunting and short covering after 2-1/2 days of losses, traders and analysts said. Investors cited futures’ discount to CME’s hog index that touched a record high at 125.04 cents, surpassing the March 21 record […]

By Theopolis Waters

U.S. livestock: CME hogs drop limit-down on profit-taking

Mar. 25, 2014 at 3:30 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures settled down their three-cent daily price limit on Tuesday, rattled by profit-taking and a drop by wholesale pork prices, traders and analysts said. Sentiment that cash hog prices may be about to peak if packers are unable to move pork contributed […]

By Theopolis Waters

U.S. livestock: Profit-taking drops CME hog futures

Mar. 24, 2014 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the first time in eight sessions, pressured by profit-taking in anticipation of prices for market-ready or cash hogs topping out soon, traders said on Monday. For more than a month, packers maintained steady or higher cash hog bids due […]

By Theopolis Waters