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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

Drawing of an adult Khapra beetle. (GrainsCanada.gc.ca)
Crops, Markets

Beetles halt U.S. DDGs exports to Thailand

By Michael Hirtzer January 11, 2019
Chicago | Reuters — Exports of U.S. distillers’ dried grains to Thailand have stopped due to new fumigation requirements installed after beetles were discovered in a shipment last year, U.S. […] Read more

U.S. livestock: Cattle ease on technical selling after steady cash sales
Livestock, Markets

U.S. livestock: Cattle ease on technical selling after steady cash sales

By Michael Hirtzer January 3, 2019
Chicago | Reuters — U.S. cattle futures eased as much as one per cent on Thursday, weighed down by technical selling and steady deals in cash markets in the southern […] Read more


U.S. livestock: Hogs jump on hopes of pork exports to China
Livestock, Markets

U.S. livestock: Hogs jump on hopes of pork exports to China

By Michael Hirtzer January 3, 2019
Chicago | Reuters –– U.S. lean hog futures jumped to a nearly two-week high on Wednesday on speculation that exports of U.S. pork to China will rise in the coming […] Read more

CME February 2019 live cattle with 100-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle weaken on profit-taking, hogs firmer

By Michael Hirtzer December 31, 2018
Chicago | Reuters — U.S. live cattle futures finished slightly lower on Monday as traders locked in profits in end-of-year position squaring, after prices earlier touched contract highs, traders said. […] Read more

CME January 2019 feeder cattle with 50-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle edge higher on technical buying, weather

By Michael Hirtzer December 28, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures edged higher on Friday, buoyed by technical buying and as wintry weather in the U.S. Plains hampered transportation of animals […] Read more


CME February 2019 live cattle with 50-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle jump to contract highs

By Michael Hirtzer December 27, 2018
Chicago | Reuters — U.S. cattle futures climbed to life-of-contract highs on Thursday as a storm brought blizzard-like conditions to much of the Plains cattle belt, stoking expectations of higher […] Read more

CME February 2019 live cattle, with 50-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly higher on technical buying

By Michael Hirtzer December 27, 2018
Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with cattle buoyed by expectations for gains in cash markets while hogs climbed on short covering after staying […] Read more

CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Hogs slump on technical selloff, cash worries

By Michael Hirtzer December 24, 2018
Chicago | Reuters — U.S. lean hog futures declined as much as 1.4 per cent on Monday in technical selling and worries of weaker prices for hogs in cash markets, […] Read more


Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)
Crops, Markets

U.S. ethanol producers seek reforms as markets plunge, ADM sells

By Jarrett Renshaw, Michael Hirtzer December 18, 2018
New York/Chicago | Reuters — U.S. ethanol producers stung by collapsing prices are seeking changes to the way benchmark values for the biofuel are established, arguing the current system used […] Read more

CME February 2019 live cattle with 20-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle hit six-week high on technical buying

By Michael Hirtzer December 12, 2018
Chicago | Reuters — U.S. live cattle futures rose sharply for the second straight session on Wednesday, reaching a six-week high, on technical buying and expectations that beef packers would […] Read more

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