Theopolis Waters

CHICAGO, March 24 (Reuters) – Chicago Mercantile Exchange live cattle futures on Thursday settled higher for the first time in six sessions, helped by short-covering before the Easter holiday weekend, traders said. April live cattle ended 0.400 cent per lb higher at 135.850, and June finished up 0.275 cent at 125.375. The April contract led […] Read more

CHICAGO, March 23 (Reuters) – Chicago Mercantile Exchange live cattle losses lingered into a fifth straight session on Wednesday, led by chart-related selling and anticipation of weaker cash prices by Friday, traders said. April live cattle ended 0.975 cent per lb lower at 135.450, and June finished 1.050 cents lower at 125.100. Both contracts settled […] Read more

CHICAGO, March 22 (Reuters) – Chicago Mercantile Exchange live cattle settled in bearish territory for a fourth straight session, on leftover selling and fund liquidation after contracts dropped below technical support levels, traders said. April live cattle ended 1.925 cents per lb lower at 136.425, and June finished 1.700 cents lower at 126.150. Both contracts […] Read more

CHICAGO, March 21 (Reuters) – Chicago Mercantile Exchange lean hog futures on Monday notched their biggest daily loss since last December, hit by technical selling and lower cash price expectations, traders said. April closed 2.100 cents per lb lower at 69.350 cents, after drifting below the 40-day moving average of 70.31 cents. May ended 2.100 […] Read more

CHICAGO, March 18 (Reuters) – Chicago Mercantile Exchange live cattle futures retreated on Friday ahead of the bulk of this week’s cash sales, later in the afternoon, and the government’s monthly Cattle-On-Feed report at 2 p.m. CDT, traders said. April live cattle ended 1.325 cents per lb lower at 139.825, and June closed 1.600 cents […] Read more

CHICAGO, March 17 (Reuters) – Chicago Mercantile Exchange live cattle futures closed lower on Thursday, weakened by profit-taking as investors wait for market-ready, or cash, cattle to change hands by Friday, traders said. Some traders also positioned themselves for Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report. April live cattle ended 0.400 cent per lb […] Read more

CHICAGO, March 15 (Reuters) – Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, driven by a recent surge in wholesale beef prices that stirred optimism for cash prices later this week, traders said. April futures ended 1.425 cents per lb higher at 140.725. June closed up 1.500 cents per lb at 130.325 after […] Read more

CHICAGO, March 10 (Reuters) – Chicago Mercantile Exchange live cattle futures finished sharply higher on Thursday, driven by short-covering and recent run up in wholesale beef prices, traders said. April ended 1.525 cents per lb higher at 138.300, and June closed up 1.325 cents per lb to 127.625. The morning’s wholesale choice beef price climbed […] Read more

CHICAGO, March 3 (Reuters) – Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit-taking as early-week cash price optimism waned, traders said. April closed 0.850 cent per lb lower at 135.450 cents, and June ended down 0.300 cent to 125.625. Packers are dug in with market-ready, or cash, cattle bids in […] Read more