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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: Cattle futures tumble on demand worries, spreading

By Michael Hirtzer November 5, 2018
Chicago | Reuters – Live cattle futures fell to a roughly 1-1/2-month low on Monday, sagging on worries of reduced demand for beef and cattle in cash markets, traders said. […] Read more

Crops

Toxin in U.S. corn harvest poses latest headache for farmers

By Michael Hirtzer, Tom Polansek November 5, 2018
Chicago | Reuters – North American farmers are finding increased levels of a plant toxin known as vomitoxin in this year’s corn harvest, adding insult to injury for growers already […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle, hog futures lower on weaker cash markets

By Michael Hirtzer November 2, 2018
Chicago | Reuters – Cattle and hog futures were mostly lower on the Chicago Mercantile Exchange on Friday, weighed down by spreading and weaker prices in cash markets for the […] Read more

Photo: Canada Beef Inc.
Livestock, Markets

U.S. livestock: Cattle futures climb on higher beef prices; hogs mixed

By Michael Hirtzer November 1, 2018
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged higher on Thursday, as rising wholesale beef prices stoked hopes that meat packers would pay more for cattle in […] Read more

PHOTO: Thinkstock
Livestock, Markets

U.S. livestock: Hog futures jump on technical buying

By Michael Hirtzer October 29, 2018
Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange gained as much as 1.7 percent on Monday, rising on technical buying and calendar spreading despite weaker prices […] Read more


CME December 2018 live cattle with 20-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures ease ahead of USDA report

By Michael Hirtzer October 19, 2018
Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Friday, with both live cattle and lean hogs easing on worries that U.S. supplies were growing faster than […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs decline on heavier animals, technical selling

By Michael Hirtzer October 17, 2018
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that […] Read more

CME February 2019 live cattle, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures mostly lower on technical selling

By Michael Hirtzer October 16, 2018
Chicago | Reuters — U.S. cattle futures were mostly lower on Tuesday while lean hogs pared gains late in the session, with each pressured in part by technical selling and […] Read more


(ThamKC/iStock/Getty Images)
Crops, Machinery, Markets

Expanding E15 sales would have limited U.S. market impact, analysts say

By Michael Hirtzer October 16, 2018
Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and […] Read more

CME December 2018 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hogs surge on cash price optimism

By Michael Hirtzer October 15, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared as much as three per cent on Monday in bull-spreading linked to hopes of stronger U.S. cash hog prices […] Read more

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