Theopolis Waters

CHICAGO, May 4 (Reuters) – Chicago Mercantile Exchange nearby live cattle futures on Thursday rose for a third straight day, led by bullish market fundamentals before profit-taking pulled contracts from new highs, said traders. June  settled 1.250 cent per pound higher at 131.300 cents, and spiked by its 4.500-cent expanded trading limit and a new […] Read more

CHICAGO, May 3 (Reuters) – Chicago Mercantile Exchange live cattle contracts on Wednesday posted new highs, and nearby months hit their 3.000-cent daily price limit, sparked by brisk beef demand and stronger-than-anticipated cash prices, traders said. June settled at 130.050 cents and August 123.800 – limit up and fresh highs for both contracts. Thursday’s live […] Read more

CHICAGO, May 2 (Reuters) – Chicago Mercantile Exchange live cattle futures closed higher Tuesday on fund buying, short-covering and solid beef demand that briefly lifted the June contract to its 3.000-cent daily price limit, said traders. They said profit-taking and caution before this week’s cash prices pulled futures from new contract highs. June ended 2.925 […] Read more

CHICAGO, May 1 (Reuters) – Chicago Mercantile Exchange nearby live cattle contracts on Monday settled with modest gains, supported by their discounts to last week’s futures prices and robust wholesale beef demand, said traders. They said profit-taking, after futures spiked to new highs earlier in the session, capped nearby market advances and pressured other trading […] Read more

CHICAGO, April 26 (Reuters) – Chicago Mercantile Exchange live cattle on Wednesday reached its highest level in a year, ignited by short-covering and futures’ discounts to initial cash prices, traders said. They said bargain buying briefly sent some deferred live cattle months to fresh highs and up their 3.000-cents per pound daily price limit. April […] Read more

CHICAGO, April 19 (Reuters) – Chicago Mercantile Exchange live cattle futures rose on Wednesday for the ninth consecutive session, and hit a one-year high for a second day in a row, after cash prices exceeded expectations, traders said. April live cattle  closed 1.150 cents per pound higher at 127.925 cents, and June  up 0.300 cent […] Read more

CHICAGO, April 18 (Reuters) – Chicago Mercantile Exchange live cattle on Tuesday spiked to their highest since mid-April 2016, driven by improved wholesale beef demand that may underpin cash prices this week, said traders. They said profit-taking pulled back-month futures down from new contract highs achieved earlier in the session. April live cattle closed 0.350 […] Read more

CHICAGO, April 17 (Reuters) – Chicago Mercantile Exchange live cattle rose on Monday for the seventh consecutive session, boosted by improved wholesale beef demand and futures’ discounts to recent cash prices, traders said. They said speculative buying and buy stops drove deferred contracts to fresh highs. April live cattle closed 1.050 cents per pound higher […] Read more

CHICAGO, April 10 (Reuters) – Chicago Mercantile Exchange live cattle rose for a fourth consecutive session on Monday, fueled by short-covering and futures’ discounts to last week’s cash prices, said traders. Last weekend’s news that China offered to lift its ban on U.S. beef helped spike Chicago Mercantile Exchange over 1 percent on Monday. But, […] Read more