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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Corn, soy, wheat ease ahead of USDA reports

By Michael Hirtzer January 8, 2018
Chicago | Reuters –– U.S. corn futures fell to a roughly three-week low on Monday while wheat declined to the lowest in one week as grain prices were pressured by […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat up more than one per cent

By Michael Hirtzer December 27, 2017
Chicago | Reuters — U.S. wheat futures climbed more than one per cent on Wednesday while corn was higher for the sixth straight session as technical buying and end-of-year positioning […] Read more


(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans up on short-covering, Argentina’s weather

By Michael Hirtzer December 26, 2017
Chicago | Reuters — U.S. soybean futures rose about one per cent on Tuesday, notching their second straight session of gains, as investors bought back short positions amid extended forecasts […] Read more

(Keith Weller photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans at three-month low

By Michael Hirtzer December 21, 2017
Chicago | Reuters — U.S. soybean futures fell to a three-month low on Thursday, the sixth straight session of declines, on pressure from easing vegetable oil prices and improving crop […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, soy slump on technicals, commodities selloff

By Michael Hirtzer December 6, 2017
Chicago | Reuters — U.S. grain and soy prices fell on Wednesday, pressured by technical selling amid a broad downturn across many commodities as the dollar climbed. Chicago Board of […] Read more


(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans, meal rise on Argentina weather

By Michael Hirtzer December 4, 2017
Chicago | Reuters — U.S. soybean futures rose to a three-week high on Monday and soymeal jumped more than two per cent on buying backed by concerns that dry weather […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs at three-week high on fund buying, spreading

By Michael Hirtzer November 29, 2017
Chicago | Reuters — U.S. lean hog futures climbed to a three-week high on Tuesday, extending gains from recent days on speculation prices would rise higher next month and on […] Read more

(Thinkstock photo)
Crops, Markets

U.S. grains: Wheat falls as dollar firms; vegoils drop on India import tax

By Michael Hirtzer November 20, 2017
Chicago | Reuters – Chicago wheat futures fell 1.4 percent on Monday as the dollar climbed against a basket of currencies, making U.S. grain more expensive in a well-supplied global […] Read more


Livestock, Markets

U.S. livestock: Cattle, hog futures mixed on spreading, cash declines

By Michael Hirtzer November 9, 2017
Chicago | Reuters – U.S. livestock futures were widely mixed on Thursday, with nearby live cattle and lean hog contracts hitting multi-week lows in bear-spreading as traders moved into deferred […] Read more

(Dave Bedard photo)

Cargill fined $10 million for inaccurate swaps information: CFTC

By Doina Chiacu, Michael Hirtzer November 6, 2017
Washington/Chicago/Reuters – Cargill Inc will pay a $10 million fine for providing inaccurate information on swaps to protect its revenue, and for failing to supervise the company’s swap dealers, the […] Read more

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