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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

(Dave Bedard photo)
Livestock

Costco plans chicken plant in Nebraska

By Michael Hirtzer, Nathan Layne April 18, 2016
Reuters — Costco Wholesale Corp. is considering building a poultry-processing plant in Nebraska, according to a local development council, a move that would give the retailer tighter control over its […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat surges over three per cent

By Michael Hirtzer April 18, 2016
Chicago | Reuters — Wheat futures on the Chicago Board of Trade surged more than three per cent on Monday, notching their biggest daily gains since October as investors liquidated […] Read more


(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Cattle tumble on technical selloff, beef woes

By Michael Hirtzer April 5, 2016
Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample […] Read more

(Canada Beef Inc. photo)
Livestock, Markets

U.S. livestock: Live cattle, feeders mixed on beef declines

By Michael Hirtzer April 4, 2016
Chicago | Reuters — U.S. live cattle and feeder cattle futures were flat to narrowly mixed on Monday as lower wholesale beef prices suggested demand for the meat was slowing, […] Read more

(PorkBeInspired.com)
Livestock, Markets

U.S. livestock: Hogs fall to 10-week lows on pork price losses

By Michael Hirtzer April 1, 2016
Chicago | Reuters — U.S. lean hogs tumbled to the lowest in 10 weeks on Friday as pork price declines triggered selling by technical traders and investment funds, traders and […] Read more


(Keith Weller photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans jump on soymeal exports

By Michael Hirtzer March 24, 2016
Chicago | Reuters –– U.S. soybeans were higher on Thursday, reversing from earlier losses as soymeal rallied on U.S. Department of Agriculture data showing the largest weekly soymeal sales in […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Soy, wheat, corn fall on profit-taking, dollar gains

By Michael Hirtzer March 23, 2016
Chicago | Reuters — U.S. grain and oilseed prices fell on Wednesday, with soybeans retreating from five-month highs as investors took profits and as a rising dollar made the commodities […] Read more

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

U.S. grains: Soy hits five-month high on technicals, fund buying

By Michael Hirtzer March 22, 2016
Chicago | Reuters — U.S. grain prices were mostly higher on Tuesday, with soybeans rising to their highest since October, on technical buying and worries that cold temperatures could damage […] Read more


(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat jumps as colder weather threatens crop

By Michael Hirtzer March 21, 2016
Chicago | Reuters — U.S. wheat jumped as much as one per cent on Monday, led by gains in K.C. hard red winter wheat as extremely cold weather threatened to […] Read more

(Gavilon.com)
Crops

Gavilon names former ADM exec as CEO in management reshuffle

By Chris Prentice, Michael Hirtzer February 26, 2016
Reuters — Gavilon LLC has hired a former executive from rival Archer Daniels Midland to take the helm following a big reshuffle at Gavilon, a major U.S. grain merchant, in […] Read more

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