Theopolis Waters

CHICAGO, Oct 12 (Reuters) – Chicago Mercantile Exchange live cattle futures finished lower for a fourth straight session on Wednesday as they marked new lows, hit by softer initial cash prices, traders said. October closed 0.750 cent per pound lower at 96.750 cents, and made a new low of 95.675 cents. December finished 1.100 cents […] Read more

CHICAGO, Oct 6 (Reuters) – Chicago Mercantile Exchange lean hogs closed higher on Thursday  on short-covering and bargain buying after futures tumbled to a seven-year low on Wednesday, traders said. CME October lean hogs, which will expire on Oct. 14, led advances due to a discount to the exchange’s hog index for Sept. 4 at […] Read more

CHICAGO, Oct 5 (Reuters) – Chicago Mercantile Exchange lean hog futures fell sharply on Wednesday, with some contracts posting new lows, led by profit-taking and seasonally rising hog numbers, traders said. Cooler fall temperatures in the Midwest and highly-nutritious new-crop corn are causing pigs to grow faster. The U.S. Department of Agriculture data on Wednesday […] Read more

CHICAGO, Oct 4 (Reuters) – Chicago Mercantile Exchange live cattle futures surged about 3 percent on Tuesday to their best one-day performance since October 2015, sparked by short-covering and technical buying, said traders. Prior to Tuesday’s open, CME live cattle contracts displayed a Relative Strength Index (RSI) of 27. A RSI below 30 suggests a […] Read more

CHICAGO, Oct 3 (Reuters) – Most Chicago Mercantile Exchange lean hog contracts ended sharply higher on Monday, fueled by bargain buying following futures’ plunge by their 3-cent per pound price limit on Friday, said traders. October, which will expire on Oct. 14, closed down 0.100 cent per pound at 48.925 cents. Most-actively traded December ended […] Read more

CHICAGO, Sept 27 (Reuters) – Chicago Mercantile Exchange live cattle futures on Tuesday slumped, with nearby contracts down the 3-cents per pound daily price limit, rattled by fund selling and uneasiness before cash prices by Friday, said traders. October and December settled down by the 3-cents limit to 103.825 and 103.125 cents, respectively. Live cattle’s […] Read more

CHICAGO, Sept 16 (Reuters) – Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. […] Read more

CHICAGO, Sept 15 (Reuters) – Chicago Mercantile Exchange lean hogs on Thursday settled moderately higher on bargain buying after supply worries sank futures to a 10-month low for a second day in a row, traders said. October closed up 0.225 cent per pound to 55.150 cents, and December ended 0.350 cent higher at 49.450 cents. […] Read more

CHICAGO, Sept 14 (Reuters) – Chicago Mercantile Exchange lean hogs on Wednesday sank to a 10-month bottom, and forged new contract lows, as abundant heavier animals continued to drag down cash prices, traders said. October closed 1.825 cents per pound lower at 54.925 cents and posted a fresh contract low of 54.700 cents. December ended […] Read more

CHICAGO, Sept 13 (Reuters) – Chicago Mercantile Exchange lean hogs on Tuesday posted losses for a third straight session as plentiful supplies pressured cash prices, traders said. They said liquidation in other commodities led by the U.S. stock market selloff further weighed on CME lean hogs. October closed 2.675 cents per pound lower at 56.750 […] Read more