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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(Ralph Pearce photo)
Crops, Markets

U.S. grains: Wheat hits two-week low on spreading

By Michael Hirtzer July 17, 2017
Chicago | Reuters — Chicago Board of Board of Trade wheat futures fell to a roughly two-week low on Monday while MGEX spring wheat gained one per cent in wheat […] Read more

(Dave Clark photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Corn, soy rise on bargain buying, temperature outlook

By Michael Hirtzer July 14, 2017
Chicago | Reuters — U.S. corn and soybean futures jumped more than one per cent on Friday on bargain buying after steep losses during the past two sessions, traders and […] Read more


(Ralph Pearce photo)
Crops, Markets

U.S. grains: Wheat, corn, soy tumble on better weather, technicals

By Michael Hirtzer July 13, 2017
Chicago | Reuters — U.S. grain and soy futures plummeted on Thursday, with wheat easing as much as five per cent in a technical selloff amid outlooks for slightly cooler […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle rise in rebound on technical buying, cash trades

By Michael Hirtzer July 7, 2017
Chicago | Reuters — U.S. live cattle futures gained more than one per cent on Thursday, rebounding from a two-month low on chart-based technical buying and slightly firmer trades in […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle slump to two-month low

By Michael Hirtzer July 5, 2017
Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations […] Read more


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

U.S. livestock: Hogs rise on pork gains

By Michael Hirtzer July 3, 2017
Chicago | Reuters — U.S. lean hog futures climbed to fresh life-of-contract highs on Monday, gaining on bear-spreading as wholesale pork prices reached the highest levels in more than two […] Read more

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

U.S. livestock: Hogs hit 2-1/2-year high on packer demand

By Michael Hirtzer July 1, 2017
Chicago | Reuters — U.S. lean hog futures surged to a 2-1/2-year high on Friday as recent gains in cash hog prices prompted investor buying in futures, traders and analysts […] Read more

(Ralph Pearce photo)
Crops, Markets

U.S. grains: Spring wheat at 2-1/2-year high, corn at six-month low

By Michael Hirtzer June 23, 2017
Chicago | Reuters –– MGEX spring wheat futures jumped to a 2-1/2-year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven […] Read more


Soybeans in Ontario, June 2016. (Ralph Pearce photo)
Crops, Markets

U.S. grains: Soy hits 17-month low, corn two-month low

By Michael Hirtzer June 22, 2017
Chicago | Reuters — U.S. soybean futures touched a 17-month low and corn fell to a roughly two-month low on Thursday, pressured by forecasts for cooler weather conditions that could […] Read more

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

U.S. livestock: Hogs hit one-year high as pork prices extend gains

By Michael Hirtzer June 21, 2017
Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday, with the front-month contract rising to the highest levels in a year on support from rising prices […] Read more

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