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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(USDA.gov via Flickr)
Livestock, Markets

Big U.S. cattle placements in May point to more meat in Q3

By Michael Hirtzer June 25, 2016
Chicago | Reuters — Cattle placed in U.S. feedlots for fattening surged by 10 per cent in May, the U.S. Department of Agriculture said on Friday in data that suggested […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle tumble, hogs decline on liquidation after Brexit

By Michael Hirtzer June 24, 2016
Chicago | Reuters –– U.S. live cattle tumbled more than two per cent on Friday, extending the week’s losses to the largest in about two months, as investors liquidated holdings […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle jump in technical rebound as corn extends losses

By Michael Hirtzer June 23, 2016
Chicago | Reuters — U.S. live cattle rose sharply on Thursday, extending gains to the third session in a row on technical buying and as falling corn prices reduced feed […] Read more

Livestock, Markets

U.S. livestock: Hogs tumble most since March

By Michael Hirtzer June 22, 2016
Chicago | Reuters — U.S. lean hog futures plummeted by two per cent or more on Wednesday, notching their largest daily declines since March on technical selling and investment fund […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle fall to four-year low on beef prices

By Michael Hirtzer June 20, 2016
Chicago | Reuters — U.S. live cattle futures tumbled to the lowest levels in more than four years on Monday as weak cash cattle prices and declining beef values underscored […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Feeder cattle hit three-year low on corn prices

By Michael Hirtzer June 17, 2016
Chicago | Reuters — U.S. feeder cattle futures tumbled to the lowest levels in more than three years on Friday as rising corn prices made fattening cattle for slaughter unprofitable, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle ease on cash weakness, lean hogs gain

By Michael Hirtzer June 16, 2016
Chicago | Reuters –– Chicago Mercantile Exchange live and feeder cattle futures were mostly lower on Thursday as investors continued to liquidate their holdings amid expectations for more lower prices […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle limit down on feed costs, demand worries

By Michael Hirtzer June 14, 2016
Chicago | Reuters — U.S. live and feeder cattle futures each plummeted by their daily trading limits on Monday, declining in a technical selloff triggered in part by rising feed […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat, corn ease on profit-taking

By Michael Hirtzer June 9, 2016
Chicago | Reuters — U.S. wheat and corn fell about one per cent on Thursday as traders locked in profit after the previous session’s multimonth highs and ahead of a […] Read more

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

U.S. livestock: Hogs up on pork gains, short-covering

By Michael Hirtzer May 26, 2016
Chicago | Reuters –– U.S. lean hog futures rose as much as two per cent on Thursday, rallying to the highest levels in a week on gains in pork prices […] Read more

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