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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(USDA.gov via Flickr)
Livestock, Markets

U.S. cattle placements spike in August

By Michael Hirtzer September 22, 2017
Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on […] Read more

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

U.S. livestock: CME October hogs fall to contract low

By Michael Hirtzer September 21, 2017
Chicago | Reuters — Chicago Mercantile Exchange October lean hog futures fell sharply to a contract low on Thursday, weighed down by a months-long decline in cash prices and abundant […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle surge on cash optimism, technical buying

By Michael Hirtzer September 20, 2017
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures notched their biggest gains in 11 months on Wednesday, boosted by optimism for higher cash cattle prices and technical buying, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Feeder cattle hit two-month high

By Michael Hirtzer September 19, 2017
Chicago | Reuters — U.S. livestock futures gained on technical buying on Tuesday, with feeder cattle rising to a two-month high and lean hogs climbing by as much as 2.6 […] Read more

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

U.S. livestock: Hog futures ease on big supplies, spreading

By Michael Hirtzer September 18, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly lower on Monday, pressured by bear-spreading and big U.S. supplies that continued to weigh on cash markets, traders […] Read more


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

U.S. livestock: Hog futures surge on technical bounce

By Michael Hirtzer September 15, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged more than three per cent on Friday while live cattle gained about one per cent, lifted by chart-based and […] Read more

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

U.S. livestock: Hog futures fall to 11-month low

By Michael Hirtzer September 12, 2017
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled to an 11-month low in a bear-spreading selloff linked to big U.S. hog supplies and declines in cash markets, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle, hogs narrowly mixed on pre-USDA consolidation

By Michael Hirtzer September 12, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures were flat to narrowly mixed on Monday as investors consolidated positions ahead of a government livestock and […] Read more


(FIle photo by Allan Dawson)
Crops, Markets

U.S. grains: Corn hits contract low ahead of big harvest

By Michael Hirtzer August 29, 2017
Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows for the fifth straight session on Tuesday on technical selling linked to the approaching harvest of […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, corn drop to contract lows

By Michael Hirtzer August 28, 2017
Chicago | Reuters — U.S. wheat and corn futures dropped to life-of-contract lows on Monday, weighed down by technical selling and abundant global supplies, traders and analysts said. Chicago Board […] Read more

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