Theopolis Waters

Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures posted modest losses on Monday as worries about potential deliveries weighed, traders said. Monday is the first notice day for live cattle deliveries against October futures that will expire on Oct. 31. The CME recently said those deliveries will not be affected by the partial U.S. government shutdown. “October […] Read more

Reading Time: 2 minutes 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 after nearby CME hog contracts […] Read more

Reading Time: 2 minutes 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 U.S. government is shut down. […] Read more

Reading Time: 3 minutes 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. Spot October finished at 90.95 […] Read more

Reading Time: 2 minutes 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 porcine epidemic diarrhea virus (PEDv), […] Read more

Reading Time: 2 minutes 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 the spread of the deadly […] Read more

Reading Time: 2 minutes 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 cash hog prices in the […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange hog futures on Wednesday gained for a third day in row as investors adjusted positions ahead of the U.S. Department of Agriculture quarterly hogs report on Friday, traders said. Analysts looked for the report to show that while spread of the deadly porcine epidemic diarrhea virus (PEDv) led to a near-term shortage […] Read more

Reading Time: 2 minutes Chicago Mercantile Exchange hog futures finished up more than two per cent Tuesday on speculative buying tied to the spread of the porcine epidemic diarrhea (PEDv) pig virus, traders and analysts said. PEDv, which is deadly to baby pigs, could reduce the number of hogs coming to market in the coming months. “Some people are […] Read more

Reading Time: < 1 minute The Chicago Mercantile Exchange will no longer accept delivery of cattle fed the growth additive Zilmax on Oct. 7, to conform with exchange guidelines for deliveries against CME live cattle futures, said CME in a statement on Monday. The guideline will be implemented beginning with October deliveries on Oct. 7, CME’s managing director of commodity […] Read more