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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)
Crops

Barge glut chokes U.S. shipping sector despite record harvest

By Karl Plume, Michael Hirtzer February 25, 2017
Chicago | Reuters — A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

By Michael Hirtzer February 24, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders […] Read more


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

U.S. livestock: Hogs extend losses on cash expectations

By Michael Hirtzer February 24, 2017
Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Thursday, extending losses to their third straight session, on pressure from expectations for declines in […] Read more

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

U.S. livestock: Hogs tumble on pork price declines

By Michael Hirtzer February 22, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 3.8 per cent for their biggest daily loss in about a month on Wednesday, pulled down by investment fund […] Read more

(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Cattle hit four-week high on beef gains

By Michael Hirtzer February 21, 2017
Chicago | Reuters — U.S. live cattle futures jumped one per cent to the highest prices in about four weeks on Tuesday, boosted by technical buying and gains in wholesale […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, corn rise to multi-month highs

By Michael Hirtzer February 10, 2017
Chicago | Reuters — U.S. wheat and corn futures extended gains to set multi-month highs on Friday on follow-through buying after the U.S. Department of Agriculture slashed domestic stockpile estimates […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat rallies to seven-month high after USDA data

By Michael Hirtzer February 9, 2017
Chicago | Reuters — U.S. wheat futures gained two per cent to a seven-month high on Thursday after the U.S. Department of Agriculture increased its export forecast and showed smaller-than-expected […] Read more

(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans hit two-week high on fund buying

By Michael Hirtzer February 8, 2017
Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday while corn and wheat prices also rose on support from investment fund buying and position squaring […] Read more


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

U.S. livestock: Hogs extend gains on packer demand

By Michael Hirtzer February 2, 2017
Chicago | Reuters — U.S. lean hog futures extended gains to a fresh seven-month high on Thursday, lifted by strong pork packer demand, while cattle futures also climbed in a […] Read more

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

U.S. livestock: Hogs jump on pork gains

By Michael Hirtzer January 31, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged three per cent to a seven-month high on Tuesday as rising pork and cash hog prices triggered investment fund […] Read more

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