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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: Feeder cattle rise on cash gains, wintry weather

By Michael Hirtzer January 4, 2016
Chicago | Reuters — U.S. feeder cattle futures rose on Monday, reversing earlier declines and extending steep gains of recent days as wintry weather hampered animal weight gains and feed […] Read more

(Dave Bedard photo)
Crops, Markets

U.S. grain prices soar as floods shut waterways, threaten crops

By Michael Hirtzer, P.J. Huffstutter December 31, 2015
Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri […] Read more


Crops

Rising Mississippi waters bring barge traffic near halt

By Michael Hirtzer December 29, 2015
Chicago | Reuters –– Rapidly rising floodwaters brought barge traffic to a near standstill on the middle section of the Mississippi River on Monday, halting shipments of goods such as […] Read more

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Prices fall on technical selling, abundant supplies

By Michael Hirtzer, Rod Nickel December 22, 2015
Reuters — U.S. grain and soybean prices fell on Tuesday, weighed by technical selling and abundant global supplies. Soybeans and wheat gave up earlier gains that were based on weather […] Read more

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

U.S. grains: Corn, wheat extend gains on technical buying

By Michael Hirtzer December 4, 2015
Chicago | Reuters –– U.S. corn and wheat rose on Friday, extending steep gains from the previous session on technical buying while soybeans jumped to a one-month high on large […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat surges on short-covering on tumbling dollar

By Michael Hirtzer December 3, 2015
Chicago | Reuters — U.S. wheat surged more than two per cent on Thursday, snapping a six-session losing streak as investors covered short positions and the dollar tumbled after the […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat falls to 5-1/2 year low on rising dollar

By Michael Hirtzer December 2, 2015
Chicago | Reuters — U.S. grains fell on Wednesday, with wheat prices hitting the lowest levels since June 2010 as a rising dollar made the cereals less attractive in global […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle fall most in two weeks on dry Plains forecast

By Michael Hirtzer December 1, 2015
Chicago | Reuters –– U.S. cattle futures fell as much as 2.5 per cent on Monday, with both live and feeder cattle contracts posting their largest daily declines in two […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle up for week, first time since October

By Michael Hirtzer November 27, 2015
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures edged higher on Friday, capping their first weekly gain in five weeks as wintry weather across the central U.S. slowed […] Read more

(CMEGroup.com)
Livestock, Markets

U.S. livestock: Lean hogs hit three-week high as cash prices stabilize

By Michael Hirtzer November 25, 2015
Chicago | Reuters — U.S. lean hog futures jumped as much as two per cent on Wednesday, lifted by stabilizing cash prices and ideas the market may have bottomed out […] Read more

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