Insights and Stories of Theopolis Waters

Record-high pork prices drive up U.S. hog futures

Jun. 27, 2013 at 5:28 pm CDT

Chicago Mercantile Exchange hog futures climbed on Thursday as pork prices remained historically high, traders and analysts said. Thursday morning’s U.S. Department of Agriculture mandatory wholesale pork price report, or cutout, calculated on a plant-delivered basis, was at US$110.78 per hundredweight (cwt). The price slipped from Wednesday’s all-time high of […]

Fund buying boosts U.S. live cattle futures

Jun. 26, 2013 at 3:32 pm CDT

By Theopolis Waters

Lower cash prices weaken U.S. hog futures

Jun. 25, 2013 at 4:04 pm CDT

By Theopolis Waters

U.S. hog futures climb on discount to cash

Jun. 24, 2013 at 6:20 pm CDT

By Theopolis Waters

U.S. cattle placements slip in May amid higher feed costs

Jun. 21, 2013 at 5:20 pm CDT

By Theopolis Waters

U.S. live cattle futures rally into USDA report

Jun. 21, 2013 at 4:54 pm CDT

Chicago Mercantile Exchange (CME) live cattle rallied, driven in part by positioning ahead of Friday’s U.S. Department of Agriculture monthly cattle-on-feed report, traders and analysts said. Analysts expect the report to show fewer cattle placed in feedlots in May as feed costs rose and grazing land improved. USDA will simultaneously […]

By Theopolis Waters

U.S. live cattle pulled down by Wall Street

Jun. 21, 2013 at 4:46 am CDT

Chicago Mercantile Exchange live cattle futures closed lower on Thursday on selling fueled by the stock market’s sharp drop, which was caused by the U.S. Federal Reserve’s intention to curb its fiscal stimulus, analysts and traders said. Funds and investors with assets in equities also took money out of a […]

By Theopolis Waters

U.S. live cattle rally with hog, corn futures

Jun. 19, 2013 at 5:01 pm CDT

Chicago Mercantile Exchange (CME) live cattle rallied on Wednesday with the rise fuelled by higher CME hogs and Chicago Board of Trade corn futures, traders and analysts said. They said soaring wholesale pork prices may cause grocers to feature more beef for backyard cookouts on the U.S. Independence Day holiday. […]

By Theopolis Waters

U.S. hog futures climb with pork prices

Jun. 18, 2013 at 3:14 pm CDT

Chicago Mercantile Exchange hog futures rose on Tuesday with U.S. supermarkets buying pork for July 4 holiday demand, traders and analysts said. Tuesday morning’s mandatory wholesale pork price report, or cutout, calculated on a plant-delivered basis, was at $105.79 per hundredweight (cwt), up $1.90 from Monday (all figures US$). Tuesday’s […]

By Theopolis Waters

Beef demand drives up U.S. live cattle futures

Jun. 17, 2013 at 2:44 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures rose on Monday driven in part by a five-year high in weekly U.S. beef exports, traders and analysts said. The turnaround in wholesale beef values on Monday also contributed to futures’ gains, they said. U.S. Department of Agriculture on Monday reported last week’s […]

By Theopolis Waters