Insights and Stories of Theopolis Waters

U.S. livestock: Live cattle up on cash expectations

Nov. 11, 2013 at 6:42 pm CST

Chicago Mercantile Exchange live cattle prices firmed during Monday’s quiet Veterans’ Day holiday in anticipation of at least steady cash prices this week, traders and analysts said. Last Thursday, packers paid mostly $131 per hundredweight (cwt) for cattle, down $1 from the week before, said feedlot sources (all figures US$). […]

U.S. livestock: Hog futures move higher with cash, pork prices

Nov. 8, 2013 at 4:38 pm CST

By Theopolis Waters

U.S. live cattle futures sag as cash disappoints

Nov. 1, 2013 at 5:17 pm CDT

By Theopolis Waters

U.S. feedlot cattle placements rise as feed costs decline

Nov. 1, 2013 at 5:11 pm CDT

By Meredith Davis Reuters Theopolis Waters

LIVESTOCK-U.S. live cattle futures ease ahead of USDA report

Oct. 31, 2013 at 4:46 pm CDT

By Theopolis Waters

U.S. feedlot cattle placements rise as feed costs declined

Oct. 31, 2013 at 4:42 pm CDT

The number of cattle placed in U.S. feedlots in September increased 1 percent from a year earlier, a government report showed on Thursday. Analysts attributed the rise to lower-priced corn, which reduced the cost of fattening cattle in feedlots. Also, higher prices for slaughter-ready cattle improved margins and drew more […]

By Meredith Davis Theopolis Waters

LIVESTOCK-U.S. live cattle futures slump on profit taking

Oct. 30, 2013 at 3:49 pm CDT

Chicago Mercantile Exchange live cattle futures fell on Wednesday, pressured by profit taking after gaining in seven of the past nine sessions, traders and analysts said. Prior to Wednesday, futures climbed after tight supplies last week drove prices for slaughter-ready cattle to a record-high $132 per hundredweight (cwt). And packers […]

By Theopolis Waters

U.S. cattle slimmer as steer prices hit new highs, Zilmax removed

Oct. 29, 2013 at 5:13 pm CDT

Cattle are entering U.S. packing plants slightly thinner than a year ago as feedlots rush the animals to market to cash in on record-high prices and are no longer feeding them the growth promotant Zilmax, analysts and economists said. The lighter cattle produce less beef at a time when there […]

By Theopolis Waters

LIVESTOCK: U.S. hogs again hit contract highs before pullback

Oct. 29, 2013 at 4:27 pm CDT

Chicago Mercantile Exchange hog futures settled lower on Tuesday, pressured by profit taking after posting new contract highs three days in a row, traders said. CME December hogs ended 0.600 cent per lb lower at 91.350 cents after easing from a new contract high in electronic trading of 92.200 cents. […]

By Theopolis Waters

LIVESTOCK – cash price rebound sends U.S. hogs to contract highs

Oct. 28, 2013 at 4:09 pm CDT

Chicago Mercantile Exchange hog futures rose to contract highs on Monday, fuelled by the turnaround in cash prices, traders and analysts said. Monday afternoon’s average cash hog price in the closely watched Iowa/Minnesota market was $85.41 per cwt, up 72 cents from Friday, according to the U.S. Department of Agriculture. […]

By Theopolis Waters