Theopolis Waters

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures rose on Monday after recent wintry weather in the U.S. Plains trimmed cattle supplies and pushed up wholesale beef prices, traders and analysts said. Investors also said another storm developing in the central and western Midwest could create more problems at feedyards where cattle are fattened for slaughter.Snow […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures rose for a third straight day on Monday following the U.S. Department of Agriculture’s monthly cattle-on-feed report last Friday, traders and analysts said. The data showed higher-than-expected marketings in January against the first increase in the number of cattle placed on feedlots in eight months that stirred bullish […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures turned higher on Friday, driven by supportive domestic and wholesale beef demand that stirred short-covering, traders and analysts said. CME live cattle rose ahead of Friday’s U.S. Department of Agriculture monthly cattle-on-feed report at 2 p.m. CST. Analysts expect the data to show the number of cattle placed […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) hog futures extended losses for a fourth straight session on Thursday as lower cash hog prices weighed, analysts and traders said. Losses in the corn market were also blamed for pressing CME hogs to their lowest level in two months. CME livestock market investors believe cattle and hog producers may feed […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures slumped Wednesday on active fund liquidation and disappointing preliminary cash cattle prices, analysts and traders said. "Funds, not just in the cattle but in some of the other markets, are showing an unwillingness to embrace a bullish story on commodities right now," said U.S. Commodities president Don Roose […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) hog futures closed down sharply on Tuesday as lower cash hog prices and requests by China for extra testing of U.S. pork for a feed additive weighed, said analysts and traders. China wants a third party to verify starting March 1 that U.S. pork shipped to the country is free of […] Read more

Reading Time: 2 minutes China wants a third party to verify beginning March 1 that U.S. pork shipped to the country is free of ractopamine, a feed additive that promotes lean muscle growth, a spokesman for the U.S. Meat Export Federation told Reuters. "There has been communication from the China regulatory agency with U.S. officials that suggests this will […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange (CME) hog futures settled mixed on Friday as investors squared positions ahead of the three-day U.S. Presidents’ Day holiday weekend. But lower cash hog values handed CME hogs their biggest weekly percentage drop in four months at 2.5 per cent. April hogs ended at 84.25 cents per pound, down 0.075 cent, after […] Read more

Reading Time: 3 minutes Chicago Mercantile Exchange (CME) feeder cattle futures closed higher on Thursday, as they bounced back from a six-month low earlier in the day on technical buying and later short-covering, traders and analysts said. Traders and analysts attributed the rebound to weaker prices for corn that could help reduce input costs for feedlot operators. Early-session losses […] Read more