Insights and Stories of Theopolis Waters

U.S. livestock: CME live cattle, hogs rise amid roll by funds

Jan. 8, 2014 at 8:55 pm CST

Chicago Mercantile Exchange live cattle and hog futures on Wednesday gained as funds sold, or rolled, the February contract and bought deferred months, traders said. CME livestock fund investors liquidated their February long positions, and mainly bought April futures, in a procedure known as the “roll” by followers of the […]

U.S. livestock: Weak cash sentiment undermines CME hog futures

Jan. 7, 2014 at 5:51 pm CST

By Theopolis Waters

U.S. livestock: Big chill moves CME live cattle to record highs

Jan. 6, 2014 at 6:33 pm CST

By Theopolis Waters

U.S. livestock: Supply woes drive up CME live cattle for sixth day

Jan. 3, 2014 at 4:41 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle hit new highs with cash prices

Jan. 2, 2014 at 4:38 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle end lower, up 3.5 per cent for year

Dec. 31, 2013 at 4:38 pm CST

Chicago Mercantile Exchange live cattle futures settled lower on Tuesday in all contracts except spot December as traders evened positions on the last trading day of 2013, but the market overall posted gains of 3.5 per cent for the year. CME live cattle for December delivery, which expired at noon […]

By Theopolis Waters

U.S. livestock: Beef price hike extends CME live cattle gains

Dec. 30, 2013 at 8:59 pm CST

Chicago Mercantile Exchange live cattle futures on Monday landed in positive territory for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. Monday morning’s wholesale price for choice beef rose $2.33 per hundredweight (cwt) from Friday to $199.32, and select surged $3.30 to $194.60, according to […]

By Theopolis Waters

U.S. livestock: Strong cash prices drive up CME live cattle

Dec. 27, 2013 at 4:49 pm CST

Chicago Mercantile Exchange live cattle futures closed higher in light volume on Friday, led by short-covering stirred by better-than-anticipated cash prices, traders said. Cash cattle in Texas moved at mostly $133 per hundredweight (cwt), $3 higher than last week, feedlot sources said (all figures US$). They reported cash sales of […]

By Theopolis Waters

U.S. hog herd dips slightly, with record pigs per litter

Dec. 27, 2013 at 4:24 pm CST

The U.S. hog herd held declined slightly in the latest quarter compared to a year earlier, and fell just short of average trade forecasts, a U.S. government report showed on Friday. The data showed producers held a record number of pigs per litter during the period at 10.16 head, up […]

By Theopolis Waters

U.S. livestock: CME live cattle lifted by short covering

Dec. 27, 2013 at 1:56 am CST

Chicago Mercantile Exchange live cattle futures closed higher on Thursday on short-covering in an otherwise quiet post-holiday session, traders said. December live cattle futures finished 0.35 cent higher at 132.7 cents per pound, and February gained 0.425 cent at 134.15 cents (all figures US$). Investors await this week’s cash cattle […]

By Theopolis Waters