Theopolis Waters

CHICAGO, Dec 5 (Reuters) – Chicago Mercantile Exchange lean hog futures on Monday hit a 1-1/2-month high, spurred by expectations for stronger near-term cash prices, said traders. They said technical buying contributed to market advances. December hogs closed up 0.750 cent per pound to 51.500 cents. Most actively traded February ended 0.775 cent per pound […] Read more

CHICAGO, Dec 1 (Reuters) – Chicago Mercantile Exchange live cattle futures on Thursday peaked at a three-month high before profit-taking dropped contracts to near session lows, said traders. December live cattle closed down 0.175 cent per pound to 110.575 cents, and February ended 0.575 cent lower at 111.375 cents. CME live cattle futures receded in […] Read more

CHICAGO, Nov 29 (Reuters) – Chicago Mercantile Exchange live cattle futures ended lower for a second day in a row on Tuesday, pressured by more profit-taking ahead of potentially steady to weaker cash prices by Friday, said traders. December live cattle closed down 0.375 cent per pound to 108.925 cents, and February ended 0.725 cent […] Read more

CHICAGO, Nov 18 (Reuters) – Chicago Mercantile Exchange live cattle futures nearby contracts posted modest gains on Friday as traders tweaked positions before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT). Most analysts, on average, believe fewer animals were put into feedlots in October than a year ago. December […] Read more

CHICAGO, Nov 16 (Reuters) – Chicago Mercantile Exchange live cattle futures on Wednesday reached their highest level in two months, driven by fund buying and better-than-expected cash prices, said traders. December live cattle closed up 2.725 cents per pound to 108.200 cents, and February ended 1.975 cents higher at 108.500 cents. On Wednesday packers paid […] Read more

CHICAGO, Nov 14 (Reuters) – Most Chicago Mercantile Exchange live cattle contracts on Monday finished modestly higher after investors sold December futures and simultaneously bought deferred months in a trading strategy known as bear-spreading, traders said. December live cattle closed down 0.025 cent per pound at 105.575 cents. February ended up 0.225 cent at 106.525 […] Read more

CHICAGO, Nov 10 (Reuters) – Chicago Mercantile Exchange live cattle futures on Thursday gained for a third straight day, driven by short-covering following renewed optimism for cash prices by Friday, traders said. December and February contracts broke through their respective 10-day moving averages of 102.90 and 104.86 cents, which triggered fund buying. December live cattle […] Read more

CHICAGO, Nov 9 (Reuters) – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a […] Read more

CHICAGO, Nov 8 (Reuters) – Chicago Mercantile Exchange live cattle futures rallied on Tuesday as strength from bargain buying and short-covering ended the market’s four-session slide, said traders. They said futures garnered more support from fund buying after contracts broke through technical resistance levels. Most actively traded December live cattle closed 0.950 cent per pound […] Read more