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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 mostly higher on technical buying

By Michael Hirtzer August 29, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were narrowly higher on Wednesday, lifted by light technical buying as traders awaited deals in U.S. Plains cash cattle markets, […] Read more

(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Hogs ease on weak cash markets, spreading

By Michael Hirtzer August 28, 2018
Chicago | Reuters — U.S. lean hog futures fell on Tuesday, pressured by weaker prices in cash hog markets and spreading as the market gave back a portion of the […] Read more


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

U.S. livestock: Hogs limit up on U.S.-Mexico deal, China swine fever

By Michael Hirtzer August 27, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged by their daily three-cent price limit on Monday, buoyed by hopes of increased U.S. pork exports following news of […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, soy fall on firmer dollar, rains

By Ayenat Mersie, Michael Hirtzer August 15, 2018
Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle drop on weak cash markets, rising supply

By Michael Hirtzer August 13, 2018
Chicago | Reuters — U.S. cattle futures fell on Monday, weighed down by weakness in the cash market, traders said. Weekly slaughter estimates showed supplies up from a year ago […] Read more


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

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

By Michael Hirtzer August 8, 2018
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant […] Read more

File photo
Livestock, Markets

U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower

By Michael Hirtzer August 7, 2018
Chicago | Reuters – U.S. cattle futures fell on Tuesday, with feeder cattle easing about 2 percent on pressure from technical selling and abundant supplies, traders and analysts said. Lean […] Read more

Photo: File
Livestock, Markets

U.S. livestock: Cattle futures rise on better beef packer demand

By Michael Hirtzer August 3, 2018
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in […] Read more


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Feeder cattle jump as corn costs decline; hogs extend losses

By Michael Hirtzer August 1, 2018
Chicago | Reuters – U.S. cattle futures jumped over 1 percent on Wednesday, with feeder cattle prices leading the way higher after corn futures fell, traders and analysts said. Feed […] Read more

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

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

By Michael Hirtzer July 31, 2018
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, […] Read more

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