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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 fall on profit-taking reversal

By Michael Hirtzer May 9, 2017
Chicago | Reuters — U.S. live cattle and feeder cattle futures declined two per cent or more on Tuesday, reversing from earlier gains as traders took profits on concern that […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle mostly sharply higher on roll, beef gains

By Michael Hirtzer May 8, 2017
Chicago | Reuters — U.S. live cattle futures were mostly sharply higher on Monday, rising as investors rolled positions forward and as wholesale beef prices extended gains, traders and analysts […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle firm on discount to cash trades

By Michael Hirtzer April 13, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a roughly 1-1/2 year high on Thursday, boosted by gains in cash cattle prices that widened futures’ discount […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle extend gains on fund buying

By Michael Hirtzer April 12, 2017
Chicago | Reuters — U.S. cattle futures extended gains on Wednesday, with most live and feeder cattle contracts hitting lifetime highs on investment fund buying as wholesale beef prices also […] Read more

(SmithfieldFoods.com)
Livestock

Smithfield makes move on market for pig-human transplants

By Julie Steenhuysen, Michael Hirtzer April 12, 2017
Chicago | Reuters — Smithfield Foods, the world’s largest pork producer, has established a separate bioscience unit to expand its role in supplying pig parts for medical uses, with the […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle hit 2-1/2-week highs

By Michael Hirtzer April 12, 2017
Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to […] Read more

Photo: Canada Beef Inc.
Livestock, Markets

U.S. livestock: Cattle, hogs narrowly mixed on quarter-end positioning

By Michael Hirtzer March 31, 2017
Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans slip to five-month low ahead of USDA data

By Michael Hirtzer March 30, 2017
Chicago/Reuters – U.S. soybean futures fell to a five-month low on Thursday while corn and wheat weakened as traders adjusted positions ahead of U.S. Department of Agriculture data that was […] Read more


(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soy weakens, corn gains ahead of USDA report

By Michael Hirtzer March 29, 2017
Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and […] Read more

Crops, Markets

U.S. grains: Wheat, corn, soy fall to fresh 2017 lows

By Michael Hirtzer March 27, 2017
Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly […] Read more

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