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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle tumble in technical selloff after contract highs

By Michael Hirtzer June 6, 2017
Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Tuesday, reversing from earlier life-of-contract highs on pressure from investment fund and technical selling, traders […] Read more

(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Cattle extend gains as beef prices rise

By Michael Hirtzer June 5, 2017
Chicago | Reuters — U.S. cattle futures climbed about one per cent on Monday, with several deferred live cattle contracts notching lifetime highs and front-month feeders hitting a 15-month peak […] Read more


Chef Jonathan Collins cuts up a pork leg, foot included, to prepare ginger and black vinegar hog trotters in a video for Canada Pork International. (Video screengrab from CanadaPork.com)
Livestock, Markets

Canada beats U.S. in pork sales to China – feet, elbows and all

By Dominique Patton, Michael Hirtzer, Rod Nickel June 5, 2017
Winnipeg/Chicago/Beijing | Reuters — Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for […] Read more

(Dekalb.ca)
Crops, Markets

U.S. grains: Soy slips to 13-month low

By Michael Hirtzer May 26, 2017
Chicago | Reuters — U.S. soybean futures fell to a 13-month low on Friday while corn and wheat each gained more than one per cent on spreading and position squaring […] Read more

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

U.S. livestock: Hogs gain, cattle ease on spread unwinding

By Michael Hirtzer May 23, 2017
Chicago | Reuters — U.S. lean hog futures rose to a three-month high on Tuesday while live cattle declined as some investors unwound hog-cattle spreads, traders and analysts said. Traders […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle hit two-week high on cash discount, bear-spreading

By Michael Hirtzer May 22, 2017
Chicago | Reuters — U.S. live cattle futures extended gains to a nearly two-week high on Monday, lifted by bear-spreading and futures’ discount to trades in the cash steer market, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Hogs, cattle rise on technical buying

By Michael Hirtzer May 19, 2017
Chicago | Reuters — U.S. cattle and hog futures gained about one per cent on Friday, lifted by technical buying despite declines this week in wholesale prices for beef and […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle rebound on technical buying, lower animal weights

By Michael Hirtzer May 18, 2017
Chicago | Reuters –– U.S. cattle futures climbed on Thursday, rising on technical buying and lower animal weights that suggested feedlots were aggressively marketing cattle to meet strong beef packer […] Read more


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

U.S. livestock: Hogs end mixed on profit-taking

By Michael Hirtzer May 17, 2017
Chicago | Reuters — U.S. lean hog futures jumped to the highest levels in three months on Wednesday, rising alongside wholesale pork prices before some hog contracts turned lower on […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle futures ease in technical selloff

By Michael Hirtzer May 15, 2017
Chicago | Reuters –– U.S. cattle futures eased on Monday, with live cattle shedding two per cent and feeders dropping for the fourth time in the last five sessions in […] Read more

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