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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 most in three weeks on U.S. placements

By Michael Hirtzer January 30, 2017
Chicago | Reuters — U.S. live cattle futures notched their biggest losses in about three weeks on Monday in a sell-off triggered by government data showing larger numbers of cattle […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle rally on fund buying, cash optimism

By Michael Hirtzer January 14, 2017
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Friday, rallying from losses in the previous session on the back of investment fund […] Read more


(Lisa Guenther photo)
Livestock, Markets

U.S. livestock: Cattle ease on technical selling

By Michael Hirtzer January 13, 2017
Chicago | Reuters — U.S. cattle futures fell more than one per cent on Thursday, extending losses to the second straight session on a technical sell-off as wholesale beef prices […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle limit up on technical buying

By Michael Hirtzer January 10, 2017
Chicago | Reuters — U.S. live cattle futures climbed to a nine-month high on Tuesday, extending gains from the previous session on chart-based and investment fund buying, traders and analysts […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle gain on bargain-buying

By Michael Hirtzer January 9, 2017
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain […] Read more


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

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

By Michael Hirtzer December 30, 2016
Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash […] Read more

A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)
Crops, Markets

U.S. grains: Soy, corn weaker on Argentina rains, profit-taking

By Michael Hirtzer December 19, 2016
Chicago | Reuters — U.S. soybean, corn and wheat futures eased on Monday, weighed down by profit-taking and expectations for more crop-friendly rainfall in Argentina. Wheat futures retraced early gains […] Read more

U.S. grains: Soy, corn jump on Argentine dryness
Crops, Markets

U.S. grains: Soy, corn jump on Argentine dryness

By Michael Hirtzer December 9, 2016
Chicago | Reuters — U.S. soybean and corn futures rose one per cent on Friday, buoyed by technical buying and concerns over dry growing conditions in Argentina in the wake […] Read more


(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans down on profit-taking before USDA data

By Michael Hirtzer December 8, 2016
Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather […] Read more

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

U.S. livestock: Cattle, hogs rise on cash markets

By Michael Hirtzer December 1, 2016
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures rose about one per cent on Wednesday, rallying after two straight sessions of losses on the back of gains […] Read more

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