Theopolis Waters

CHICAGO, Sept 12 (Reuters) – Chicago Mercantile Exchange live cattle futures on Monday rose for a second straight session, helped by more short-covering and technical buying after some contracts punched through technical resistance levels, traders said. October live cattle ended 1.300 cents per pound higher at 105.700 cents. December closed 1.325 cents higher at 106.725 […] Read more

CHICAGO, Sept 9 (Reuters) – Chicago Mercantile Exchange live cattle futures on Friday shrugged off Thursday’s losses, with October up the 3-cents-per-pound daily price limit on short-covering and technical buying, traders said. October live cattle ended limit up at 104.400 cents per pound after breaking through the 10-day moving average of 103.89 cents. December closed […] Read more

CHICAGO, Sept 7 (Reuters) – Chicago Mercantile Exchange live cattle futures on Wednesday posted their biggest daily gain in a month, fueled by short-covering and bargain buying after recent market losses, traders said. October live cattle ended 2.400 cents per pound higher at 102.425 cents, and December up 2.275 cents at 104.200 cents. Investors may […] Read more

CHICAGO, Sept 1 (Reuters) – Chicago Mercantile Exchange live cattle futures slumped on Thursday to their lowest level in five years following this week’s weaker cash prices on anticipation of increased supplies over the next few months, traders said. October live cattle ended down by the 3.000 cents per pound daily price limit, at a […] Read more

CHICAGO, Aug 31 (Reuters) – Chicago Mercantile Exchange live cattle futures ended lower on Wednesday following softer wholesale beef values and this week’s disappointing cash prices, traders said. The thinly traded August live cattle contract, which expired at noon CDT (1700 GMT), closed up 0.450 cent per pound at 111.950 cents. Most actively traded October […] Read more

CHICAGO, Aug 29 (Reuters) – Most Chicago Mercantile Exchange live cattle contracts drifted lower on Monday on ample supplies that pressured wholesale beef values and could again hurt cash prices by Friday, traders said. Thinly traded August futures, which will expire on Wednesday, were supported by their discount to last week’s prices for market-ready, or […] Read more

CHICAGO, Aug 26 (Reuters) – Chicago Mercantile Exchange live cattle futures on Friday racked up losses for a tenth session in a row, on plentiful supplies that softened wholesale beef values and this week’s cash prices, traders said. Futures losses accelerated after October and December filled a key technical chart gap between the July 22 […] Read more

CHICAGO, Aug 25 (Reuters) – Chicago Mercantile Exchange live cattle contracts on Thursday tallied losses for a ninth day in a row, pressured by bearish market fundamentals that offset futures’ discount to cash prices, traders said. August live cattle ended down 0.250 cent per pound to 112.475 cents. Most actively traded October closed 0.375 cent […] Read more

CHICAGO, Aug 24 (Reuters) – Chicago Mercantile Exchange live cattle futures on Wednesday settled in negative territory for an eighth straight day, and hit a one-month low, following disappointing preliminary cash prices, traders said. August live cattle ended down 0.525 cent per pound at 112.725 cents. Most actively traded October closed 0.825 cent lower at […] Read more

CHICAGO, Aug 23 (Reuters) – Chicago Mercantile Exchange live cattle futures’ losing streak stretched to a seventh consecutive session on Tuesday in anticipation of softer cash prices by Friday, traders said. August live cattle ended down 0.175 cent per pound to 113.250 cents. Most actively traded October closed 0.625 cent lower at 109.725 cents. Bids […] Read more