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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 to six-year low on long liquidation

By Michael Hirtzer October 11, 2016
Chicago | Reuters –– U.S. cattle futures fell to six-year lows on Tuesday, adding to steep losses from the previous session as investors liquidated holdings amid ample animal and meat […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Hogs, cattle tumble to multi-year lows on supply woes

By Michael Hirtzer September 30, 2016
Chicago | Reuters — U.S. hog and cattle futures plummeted to the lowest levels in years on Friday, extending recent declines amid abundant animal and meat supplies and as investors […] Read more


(CMEGroup.com)
Livestock, Markets

U.S. livestock: Hogs higher on short-covering after seven-year lows

By Michael Hirtzer September 29, 2016
Chicago | Reuters — U.S. lean hog futures edged higher on Thursday, rebounding from an earlier seven-year low as investors squared positions ahead of a government supply report due on […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly higher on short-covering

By Michael Hirtzer September 28, 2016
Chicago | Reuters — U.S. cattle and hog futures were mostly higher on Wednesday, with feeder cattle rallying about one per cent on short-covering following recent lows, traders msaid. Several […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Soybeans, wheat edge higher on short-covering

By Michael Hirtzer September 27, 2016
Chicago | Reuters — U.S. grain and oilseed futures were mostly higher on Tuesday, with soybeans rebounding from an earlier five-month low on support from investor short-covering ahead of a […] Read more


(FIle photo by Allan Dawson)
Crops, Markets

U.S. grains: Corn, soy decline to one-week lows

By Michael Hirtzer September 26, 2016
Chicago | Reuters — U.S. corn and soybean futures fell one per cent or more on Monday, pressured by outlooks for drier weather conditions that should let farmers make headway […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle erase losses to finish flat

By Michael Hirtzer September 23, 2016
Chicago | Reuters — U.S. live cattle futures finished roughly unchanged on Friday, reversing from earlier steep losses as investors squared up positions ahead of a monthly supply report that […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

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

By Michael Hirtzer September 23, 2016
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell one per cent on Thursday, pressured by technical selling and as investors took profits following Wednesday’s nearly four-week high, […] Read more


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

U.S. livestock: Hogs plunge to contract lows on supply

By Michael Hirtzer September 19, 2016
Chicago | Reuters — U.S. lean hog futures fell three per cent or more on Monday, with many contracts reaching lifetime lows on pressure from robust hog supplies and technical […] Read more

(USDA.gov via Flickr)
Crops, Markets

U.S. grains: Corn, soy at multiweek highs on positioning ahead of USDA

By Michael Hirtzer September 9, 2016
Chicago | Reuters — U.S. corn and soybean futures finished narrowly higher on Friday, capping big weekly gains in a choppy session of light-volume trading ahead of the U.S. Department […] Read more

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