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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

Lansing Trade Group’s elevator at Delhi, Louisiana, about 220 km east of Shreveport. (LansingTradeGroup.com)
Crops, Markets

U.S. grain handler Lansing buys Interstate

By Michael Hirtzer June 21, 2017
Chicago | Reuters — Grain handler Lansing Trade Group LLC is buying Interstate Commodities, marking another step in consolidation that is rippling through the U.S. agriculture sector as persistently low […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle settle mostly lower on technical selling

By Michael Hirtzer June 20, 2017
Chicago | Reuters — U.S. live cattle and feeder cattle futures were mostly lower in a technical selloff on Tuesday, with each declining to the lowest levels in about two […] Read more


(JBSsa.com)
Livestock

JBS aims to shed Alberta feedlot in divestment plan

By Michael Hirtzer, Tatiana Bautzer June 20, 2017
Sao Paulo/Chicago | Reuters — Brazilian meatpacker JBS SA revealed a major divestment plan Tuesday, putting its Alberta cattle feeding assets and others on the block to cut debt after […] Read more

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

U.S. livestock: Hogs surge to one-year high

By Michael Hirtzer June 19, 2017
Chicago | Reuters — U.S. hog futures surged as much as four per cent on Monday, lifted by investment fund buying and higher pork prices that boosted meatpackers’ profit margins, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly higher on short-covering

By Michael Hirtzer June 16, 2017
Chicago | Reuters — U.S. livestock futures were mostly higher on Friday, with cattle prices stabilizing after Thursday’s multiweek lows and hogs consolidating in the middle of their recent trading […] Read more


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

U.S. livestock: Hogs ease in technical selloff

By Michael Hirtzer June 15, 2017
Chicago | Reuters — U.S. lean hog futures were mostly about two per cent lower on Thursday, easing on technical selling and investment fund liquidation, traders and analysts said. Hog […] Read more

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

U.S. grains: MGEX spring wheat eases on rains

By Michael Hirtzer June 14, 2017
Chicago | Reuters — U.S. grain and soy futures were mostly lower on Wednesday, with MGEX spring wheat declining from an earlier 2-1/2-year high on pressure from technical selling and […] Read more

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

U.S. livestock: Hogs rebound as wholesale pork hits two-year high

By Michael Hirtzer June 13, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped as much as two per cent on Tuesday, rebounding from losses in the previous session on support from sharply […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle, hog futures ease on fund selling

By Michael Hirtzer June 12, 2017
Chicago | Reuters –– U.S. cattle and hog futures fell one per cent or more on Monday, pressured by chart-based and investment fund selling, traders and analysts said. Lower-than-expected prices […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle futures firm

By Michael Hirtzer June 7, 2017
Chicago | Reuters — U.S. live cattle futures rose on Wednesday in a rebound from losses in the previous session while some lean hog contracts weakened following recent gains in […] Read more

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