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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(Allan Dawson file photo)
Crops, Markets

U.S. grains: Soy, corn futures about flat

By Michael Hirtzer February 22, 2018
Chicago | Reuters — U.S. grain and soy futures were about flat on Thursday in largely technical-driven trading as investors awaited supply and demand estimates from an annual U.S. Department […] Read more

U.S. livestock: Cattle stumble on profit-taking, lower cash trades
Livestock, Markets

U.S. livestock: Cattle stumble on profit-taking, lower cash trades

By Michael Hirtzer February 21, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures notched their largest daily losses in nearly a month on Wednesday, pressured by profit-taking and weaker trades in U.S. Plains […] Read more


(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs rally from four-month lows on fund buying

By Michael Hirtzer February 20, 2018
Chicago | Reuters — U.S. lean hogs climbed 1.7 per cent on Tuesday, rallying on technical and investment fund buying after falling to more than four-month lows last week, traders […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle rise on beef gains, fund buying

By Michael Hirtzer January 24, 2018
Chicago | Reuters — Live cattle futures climbed to a near two-month high on Wednesday, rising for the third straight session on firm beef prices and investment fund buying, traders […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat falls on chart selling

By Michael Hirtzer January 23, 2018
Chicago | Reuters — U.S. grain futures were lower on Tuesday, with wheat dropping about one per cent and corn easing for the second straight session on chart-based selling and […] Read more


(Mark Wilson photo courtesy Louis Dreyfus Co.)
Crops, Markets

U.S. grains: Soybeans up on South America weather worries

By Michael Hirtzer January 22, 2018
Chicago | Reuters –– U.S. soybean futures climbed to a five-week high on Monday, in buying fueled by steep gains in soymeal as dry weather in Argentina threatened to cut […] Read more

(USDA.gov via Flickr)
Crops, Markets

U.S. grains: Wheat drops most since August after USDA acreage surprise

By Michael Hirtzer January 12, 2018
Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. […] Read more

(USDA.gov via Flickr)
Crops, Markets

U.S. grains: Soybeans down ahead of USDA crop data

By Michael Hirtzer January 11, 2018
Chicago | Reuters — Chicago soybean futures fell to a four-month low on Thursday ahead of U.S. Department of Agriculture data due on Friday that was expected to show bigger […] Read more


Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets

U.S. grains: Soybeans fall on U.S. inventories

By Michael Hirtzer January 10, 2018
Chicago | Reuters — U.S. soybean futures slid to a four-month low on Wednesday, declining for the third straight session on expectations of higher U.S. stocks due to slower exports […] Read more

(Thinkstock photo)
Crops, Markets

U.S. grains: Wheat, corn higher on short-covering

By Michael Hirtzer January 9, 2018
Chicago | Reuters — U.S. wheat and corn futures gained on Tuesday, after earlier falls, as investors covered short positions and prepared for government crop data due on Friday. Wheat […] Read more

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