Insights and Stories of Theopolis Waters

South Korea suspends some U.S. beef imports over feed additive

Oct. 10, 2013 at 4:35 am CDT

South Korea has suspended some U.S. beef imports after detecting the cattle feed additive zilpaterol in meat supplied by a unit of JBS USA, raising concerns that the controversial animal growth enhancer may still be in the supply chain weeks after its manufacturer Merck halted sales of Zilmax, the top-selling […]

U.S. hog futures fall as supplies rise

Oct. 9, 2013 at 7:09 pm CDT

By Theopolis Waters

CME to monitor alternate hog pricing against manipulation

Oct. 8, 2013 at 6:22 pm CDT

By Theopolis Waters Tom Polansek

Cheaper corn drives CME feeder cattle to all-time high

Oct. 8, 2013 at 6:18 pm CDT

By Theopolis Waters

Chicago live cattle futures slip on delivery worries

Oct. 7, 2013 at 3:23 pm CDT

By Theopolis Waters

Fund buying extends Chicago hog futures’ gains

Oct. 4, 2013 at 3:38 pm CDT

Chicago Mercantile Exchange hogs on Friday gained for a third day in a row as fund buying stirred short-covering, traders and analysts said. Spot October hogs’ discount to the most recent exchange hog index on Tuesday at 96.38 cents per pound motivated buyers (all figures US$). And buy-stops were triggered […]

By Theopolis Waters

Fund buying lifts Chicago hog futures

Oct. 3, 2013 at 4:54 pm CDT

Chicago Mercantile Exchange hog futures rose for a second straight day on Thursday on fund buying that sparked short-covering, traders and analysts said. Spot-October’s discount to CME’s most recent hog index of 96.38 cents underpinned the contract. The CME stopped updating its cattle and hog indexes on Tuesday because the […]

By Theopolis Waters

Active spread trading lifts Chicago hog futures

Oct. 2, 2013 at 5:06 pm CDT

Chicago Mercantile Exchange hogs settled moderately higher on Wednesday, supported by the market’s discount to cash and by traders who periodically bought deferred months and sold October futures. CME spot October hogs’ discount to the most recent exchange hog index on Tuesday at 96.38 cents per pound supported that contract. […]

By Theopolis Waters

Bearish USDA report sinks U.S. hog futures

Sep. 30, 2013 at 4:55 pm CDT

Chicago Mercantile Exchange hog futures finished lower on Monday, led by last Friday’s bearish U.S. government quarterly hogs report, traders and analysts said. Friday’s U.S. Department of Agriculture report showed the U.S. hog herd unexpectedly held steady from the June-August quarter versus a year earlier despite the spread of the […]

By Theopolis Waters

U.S. hog futures rise ahead of USDA report

Sep. 27, 2013 at 3:28 pm CDT

Chicago Mercantile Exchange hog futures on Friday settled higher as investors tweaked positions before the U.S. Department of Agriculture’s quarterly hog report, to be issued Friday at 2 p.m. CT. Analysts expect the report to show fewer hogs were on U.S. farms in the last quarter due in part to […]

By Theopolis Waters