Insights and Stories of Theopolis Waters

PEDv-related supply woes drive U.S. hogs up 6.5 per cent

Mar. 8, 2014 at 9:35 am CST

Chicago | Reuters — Hog futures at the Chicago Mercantile Exchange surged 6.5 per cent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday. CME lean hog futures finished the week at 113.75 cents per pound, down from […]

U.S. livestock: CME live cattle, hog futures settle mixed

Feb. 10, 2014 at 3:12 pm CST

By Theopolis Waters

U.S. livestock: Cash price jitters rattle hog futures

Feb. 3, 2014 at 2:25 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures drop as beef prices plunge

Feb. 1, 2014 at 4:37 am CST

By Theopolis Waters

U.S. cattle supply sinks to 63-year low

Jan. 31, 2014 at 5:15 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures end mostly firm

Jan. 29, 2014 at 9:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly firm on Wednesday after investors sold the February contract and bought back months as wholesale beef prices declined, traders said. The afternoon’s wholesale choice beef price, or cutout, was $232.49 per hundredweight (cwt), $3.99 lower than on Tuesday, […]

By Theopolis Waters

U.S. livestock: CME live cattle sag on cash price expectations

Jan. 28, 2014 at 6:48 pm CST

Chicago Mercantile Exchange live cattle futures on Tuesday moved downward in anticipation of possibly steady-to-lower cash prices this week, traders said. More cattle are available for sale than a week ago. Packers are reluctant to spend more for supplies to the detriment of their profitable margins. And indications are that […]

By Theopolis Waters

U.S. livestock: CME live cattle, hog futures finish mixed

Jan. 27, 2014 at 5:36 pm CST

Chicago Mercantile Exchange live cattle futures settled mixed on Monday after a choppy session. February live cattle closed 0.25 cent per pound lower at 143.15 cents, and April ended 0.45 cent higher at 140.55 cents (all figures US$). Investors sold February live cattle futures and bought deferred contracts in anticipation […]

By Theopolis Waters

Cheaper feed unexpectedly draws cattle into U.S. feedlots

Jan. 26, 2014 at 1:48 am CST

Chicago | Reuters — More young cattle than expected entered U.S. feedlots in December as cheaper feed gave feedyard operators a chance to break even or turn a slight profit, analysts and economists said following Friday’s U.S. government cattle report. The U.S. Department of Agriculture showed December placements at 1.681 […]

By Theopolis Waters

U.S. livestock: CME live cattle futures sag before USDA report

Jan. 24, 2014 at 7:06 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures moved lower on Friday on investor caution before the U.S. Department of Agriculture’s monthly cattle-on-feed report at 2 p.m. CT, traders said. Most analysts polled by Reuters believe placements of cattle in U.S. feedlots in December likely dropped 2.3 per […]

By Theopolis Waters