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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: Live cattle hit 14-month high on cash gains

By Michael Hirtzer March 22, 2017
Chicago | Reuters –– U.S. live cattle futures surged to the highest levels in 14 months on Wednesday, lifted by investment fund buying and steep gains at a weekly online […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle hit two-month high on cash optimism

By Michael Hirtzer March 21, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to two-month highs on Tuesday as wholesale beef prices extended gains, stoking optimism for higher prices this week in […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Deferred cattle hit contract highs

By Michael Hirtzer March 21, 2017
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle hit new highs on technical buying, beef gains

By Michael Hirtzer March 18, 2017
Chicago | Reuters — U.S. live cattle futures climbed to a fresh seven-week high on Friday while feeder cattle reached the highest levels since August on support from technical buying […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle hit seven-week high on packer margins

By Michael Hirtzer March 16, 2017
CORRECTED, March 17 — Chicago | Reuters — U.S. live cattle futures rose to a seven-week high on Thursday, boosted by recent gains in beef prices that increased profit margins […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle jump on gains in cash prices, wholesale beef

By Michael Hirtzer March 15, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle decline on profit-taking

By Michael Hirtzer March 14, 2017
Chicago | Reuters — U.S. cattle futures declined on Tuesday, with live cattle easing one per cent as traders locked in profits following recent steep gains and amid uncertainty over […] Read more

(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Cattle gain on higher beef prices, lower corn

By Michael Hirtzer March 10, 2017
Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and […] Read more


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

Oklahoma wildfires kill thousands of pigs

By Michael Hirtzer, Renita D. Young March 10, 2017
Reuters — Wildfires devastated a Smithfield Foods hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said Friday. The exact number of swine killed […] Read more

(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Feeder cattle up one per cent

By Michael Hirtzer March 9, 2017
Chicago | Reuters — U.S. feeder cattle futures gained one per cent and live cattle futures were narrowly higher on Thursday amid rising demand for animals, especially for grazing, traders […] Read more

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