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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.)
Crops, Markets

U.S. grains: Prices steady on short-covering, gain for week

By Michael Hirtzer February 19, 2016
Chicago | Reuters –– U.S. grain and soybeans were roughly flat on Friday, stabilizing amid a lack of fresh fundamental news following steep gains earlier this week tied mostly to […] Read more

(Portosdobrasil.gov.br via Flickr)
Crops, Markets

U.S. grains: Prices rise on short-covering, slow loadings in Brazil

By Michael Hirtzer February 16, 2016
Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle limit down on equities downturn

By Michael Hirtzer February 8, 2016
Chicago | Reuters — U.S. cattle futures tumbled more than two per cent on Monday, falling in sympathy with steep downturns in equities markets and following disappointing trades last week […] Read more

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

U.S. grains: Wheat falls to three-week low

By Justin Madden, Michael Hirtzer February 5, 2016
Chicago | Reuters — U.S. wheat futures slumped for a second session on Friday, anchored by ample global supplies and after top importer Egypt canceled a tender for the second […] Read more

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

U.S. grains: Soy, corn ease from six-week highs

By Justin Madden, Michael Hirtzer February 3, 2016
Chicago | Reuters — U.S soybeans and corn futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. Wheat settled narrowly […] Read more


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

U.S. grains: Corn, wheat up on short-covering ahead of long weekend

By Michael Hirtzer January 15, 2016
Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat prices fall on hefty supplies

By Michael Hirtzer January 14, 2016
Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, soy steady on technicals after big gains

By Michael Hirtzer January 13, 2016
Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after […] Read more


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

U.S. livestock: Hogs jump on expectations of tighter supplies

By Michael Hirtzer January 5, 2016
Chicago | Reuters — U.S. lean hog futures surged as much as 2.8 percent on Tuesday, in a bull-spreading rally on expectations of seasonally tighter supplies and ideas of stronger […] Read more

(Michael Thompson photo courtesy ARS/USDA)
Crops

Ardent restarts Illinois flour mill after flooding

By Michael Hirtzer January 5, 2016
Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. […] Read more

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