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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(CMEGroup.com)
Livestock, Markets

U.S. livestock: Hogs fall on big supplies

By Michael Hirtzer August 4, 2016
Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Feeder cattle gains continue as corn declines

By Michael Hirtzer August 2, 2016
Chicago | Reuters — U.S. cattle futures extended gains on Tuesday, with feeder cattle rising to their highest in 1-1/2 months as falling corn prices reduced costs for fattening the […] Read more


Crops, Markets

U.S. grains: Soy surges on short-covering on way to huge monthly loss

By Michael Hirtzer July 29, 2016
Chicago / Reuters – U.S. soybeans surged as much as 2.8 per cent on Friday, reversing earlier losses in a rally sparked by U.S. data showing improved export demand, traders […] Read more

Photo: iStock
Crops, Markets

U.S. grains: Corn, soy ease as investors eye big U.S. harvests

By Michael Hirtzer July 28, 2016
Chicago / Reuters – U.S. corn and soybean futures fell one per cent or more on Thursday, pressured by ample existing supplies and largely favourable growing conditions that will likely lead […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soy extends gains on short-covering, weather worries

By Michael Hirtzer July 27, 2016
Chicago / Reuters – U.S. soybean futures gained for the second straight session on Wednesday on short-covering and worries about dry weather conditions in the key crop development month of August, […] Read more


Photo: Thinkstock
Crops, Markets

U.S. grains: U.S. wheat tumbles on ample supplies, Euronext declines

By Michael Hirtzer July 26, 2016
Chicago / Reuters – Chicago Board of Trade wheat futures plunged as much as 3 per cent on Tuesday, their largest daily losses in three weeks, on pressure from ample […] Read more

Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans extend losses on fund selling, favorable weather

By Michael Hirtzer July 25, 2016
Chicago / Reuters – U.S. soybean futures fell sharply on Monday, extending the steep declines seen last week on pressure from investment fund selling and favourable extended weather outlooks for the […] Read more

(Dave Bedard photo)
Crops, Markets

First U.S. trader convicted of spoofing sentenced to jail

By Michael Hirtzer, Tom Polansek July 13, 2016
Chicago | Reuters — A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle ease on profit-taking but gain for week

By Michael Hirtzer July 2, 2016
Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Friday, snapping their longest streak of gains in a month as investors locked in profits […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

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

By Michael Hirtzer June 28, 2016
Chicago | Reuters — U.S. live cattle futures gained for the second straight session on Tuesday, rising on short-covering and bull-spreading amid expectations for gains in cash cattle prices this […] Read more

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