Theopolis Waters

U.S. live cattle futures turned higher on Tuesday, aided by short-covering and an unexpected spike in wholesale beef prices, said analysts and traders. Also, feeder cattle at the Chicago Mercantile Exchange closed higher but hogs finished flat to weak. Initial CME live cattle gains were tied to short-covering and lack of deliveries posted by the […] Read more

U.S. live cattle futures fell about one per cent on Monday, rocked by cash cattle price caution and fund selling, said analysts and traders. Chicago Mercantile Exchange (CME) feeder cattle closed weaker but hogs finished higher. CME live cattle began the week in negative territory. Additional deliveries pressured August while October investors were cautious as […] Read more

U.S. hog futures on Wednesday sank to their lowest level in one and a half years on the spot-month continuous chart amid worries increased hog numbers would continue to pressure cash hog and wholesale pork prices, analysts and traders said. Live cattle futures ended mostly weak but feeder cattle closed higher. Chicago Mercantile Exchange (CME) […] Read more

U.S. feeder cattle futures fell on Tuesday as the worst U.S. drought in more than 50 years shrank crop yields, sending corn prices higher while curbing feedlot demand for younger cattle, said analysts and traders. Investors also cited the lower Chicago Mercantile Exchange live cattle market. CME hogs finished weaker. Feeder cattle futures started the […] Read more

U.S. live and feeder cattle futures closed higher on Monday, lifted by the government’s monthly cattle-on-feed report last Friday that showed fewer-than-expected cattle placed into feedlots last month, analysts and traders said. The number of cattle driven into U.S. feedyards in July for fattening fell 10 per cent from a year ago due to low […] Read more

U.S. live cattle futures settled mostly firm on Friday, extending their weekly win streak to five, lifted by higher prices for cattle in the cash market, said analysts and traders. Investors also adjusted positions before the U.S. Department of Agriculture’s monthly cattle-on-feed report this afternoon. Chicago Mercantile Exchange (CME) hogs closed higher but feeder cattle […] Read more

U.S. feeder cattle futures ended lower on Thursday after a drop below key chart support triggered fund liquidation, analysts and traders said. Traders also cited the weaker Chicago Mercantile Exchange live cattle market. Hog futures ended mixed. CME feeder cattle slid more than one per cent as a lack of buyers allowed August and October […] Read more

U.S. hog futures fell more than two per cent on Wednesday amid growing concerns cooler temperatures could boost hog supplies, pressuring cash hog prices, said analysts and traders. Chicago Mercantile Exchange (CME) live cattle futures closed mostly weak and feeder cattle ended lower. Hogs at the CME dropped after government data showed live hogs on […] Read more

U.S. live cattle futures rallied on Monday, lifted by strong wholesale beef demand and last week’s price hike for cash cattle, analysts and traders said. Chicago Mercantile Exchange (CME) hogs closed higher and feeder cattle posted sharp gains. CME live cattle turned upward as wholesale beef prices continued to rise with supermarkets buying product for […] Read more