Insights and Stories of Theopolis Waters

U.S. cattle futures firm as higher cash prices expected

Sep. 13, 2013 at 4:34 pm CDT

Chicago Mercantile Exchange live cattle futures rose Friday on short-covering on expectations that cash prices could move higher in months ahead as supplies tighten, traders and analysts said. Smaller cattle numbers are approaching, which eventually will put cash closer in line with futures, said Oak Investment Group president Joe Ocrant. […]

CME cattle, hog futures end mixed as funds ‘roll’

Sep. 12, 2013 at 4:17 pm CDT

By Theopolis Waters

U.S. hog futures end lower as funds move positions

Sep. 11, 2013 at 5:26 pm CDT

By Theopolis Waters

U.S. hog futures dip on profit-taking, fund roll

Sep. 10, 2013 at 3:56 pm CDT

By Theopolis Waters

U.S. hog futures mostly higher as funds roll

Sep. 9, 2013 at 3:42 pm CDT

By Theopolis Waters

Fund buying extends U.S. hog futures advances

Sep. 6, 2013 at 4:03 pm CDT

Chicago Mercantile Exchange hog futures rose for a sixth straight session on Friday, led by fund buying that prompted short-covering, traders and analysts said. October futures’ discount to CME’s hog index, which was at 91.45 cents, encouraged buying and bullish spreads. CME hogs closed up 3.6 per cent for the […]

By Theopolis Waters

U.S. live cattle futures slide as cash hopes dim

Sep. 5, 2013 at 5:32 pm CDT

Chicago Mercantile Exchange live cattle futures slid on Thursday in anticipation of steady to weak cash prices, analysts and traders said. Sell stops exacerbated futures’ losses in response to the pullback in wholesale beef prices. CME live cattle October and December ended 0.775 cent lower at 125.225 cents and 129.125 […]

By Theopolis Waters

U.S. feeder cattle futures hit highest in more than a year

Aug. 30, 2013 at 5:13 pm CDT

Chicago Mercantile Exchange feeder cattle futures rose on Friday as forecasts for good crop weather pushed futures to their highest level since June 18, 2012, traders said. The prospect of a record corn harvest in the fall extended CME feeder cattle gains for seventh straight week and a fifth month […]

By Theopolis Waters

Fund buying boosts U.S. hog futures

Aug. 29, 2013 at 5:16 pm CDT

Chicago Mercantile Exchange hog futures climbed Thursday, driven by fund buying and short-covering on the eve of the last trading day of the month, traders and analysts said. Investors also adjusted positions ahead of the Sept. 2 Labour Day holiday, traders said. CME hogs gained almost 1.4 per cent, their […]

By Theopolis Waters

Lower cash prices pull down U.S. hog futures

Aug. 28, 2013 at 4:45 pm CDT

Chicago Mercantile Exchange hog futures turned lower on Wednesday as U.S. packers slashed cash bids ahead of the Sept. 2 Labour Day holiday, traders and analysts said. The U.S. Department of Agriculture on Wednesday morning quoted the average hog price in the most-watched Iowa/Minnesota market $3.10 cents per hundredweight (cwt) […]

By Theopolis Waters