Insights and Stories of Theopolis Waters

Profit-taking guides U.S. hog futures lower

Sep. 26, 2013 at 6:53 pm CDT

Chicago Mercantile Exchange hog futures closed lower on Thursday on profit-taking in response to steady to lower cash hog prices, traders and analysts said. October hog futures finished down 0.9 cent at 92.8 cents per pound and December closed down 0.875 cent, at 87.725 cents (all figures US$). Thursday afternoon […]

Report positioning extends U.S. hog futures gains

Sep. 25, 2013 at 4:29 pm CDT

By Theopolis Waters

Chicago hog futures rise as pig virus sparks buying

Sep. 24, 2013 at 3:11 pm CDT

By Theopolis Waters

CME to halt delivery of cattle given Zilmax

Sep. 24, 2013 at 2:01 pm CDT

By Theopolis Waters

USDA report lifts U.S. live cattle futures

Sep. 23, 2013 at 5:16 pm CDT

By Theopolis Waters

U.S. live cattle futures rise ahead of USDA report

Sep. 20, 2013 at 3:24 pm CDT

Chicago Mercantile Exchange live cattle futures gained modestly on Friday as investors adjusted positions ahead of the U.S. Department of Agriculture’s monthly cattle-on-feed report. Analysts expected the report, released on Friday at 2 p.m. CT, to show the number of cattle moved into U.S. feedlots in August declined to its […]

By Theopolis Waters

Fund buying drives up U.S. live cattle futures

Sep. 19, 2013 at 4:57 pm CDT

Chicago Mercantile Exchange live cattle futures extended gains on Thursday as fund buying touched off buy stops, traders and analysts said. They said the belief that cash cattle prices are about to forge a seasonal bottom contributed to futures’ advances. And investors tweaked positions before the U.S. Department of Agriculture’s […]

By Theopolis Waters

U.S. live cattle futures turn up as Wall Street rallies

Sep. 18, 2013 at 5:23 pm CDT

Chicago Mercantile Exchange live cattle futures turned moderately higher on Wednesday as the U.S. Federal Reserve’s decision not to curtail its bond-buying stimulus program sent the U.S. stock market up sharply, traders said. Some live cattle futures investors said renewed confidence in the stock market bodes well for demand for […]

By Theopolis Waters

Profit-taking pulls down U.S. hog futures

Sep. 17, 2013 at 3:42 pm CDT

Chicago Mercantile Exchange hog futures slumped on Tuesday, as investors who expect cash hog prices to top out soon took profits, traders and analysts said. They said packers are reluctant to bid more for cash hogs given unprofitable operating margins and the seasonal increase in supplies. In the morning, the […]

By Theopolis Waters

Chicago hog futures bounce higher with cash prices

Sep. 16, 2013 at 6:48 pm CDT

Chicago Mercantile Exchange hogs on Monday spiked to new contract highs, driven by strong cash hog prices, traders and analysts said. The U.S. Department of Agriculture on Monday afternoon reported the average hog price in the most-watched Iowa/Minnesota market up $1.09 per hundredweight (cwt) from Friday at $96.48 (all figures […]

By Theopolis Waters