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Michael Hirtzer

Michael Hirtzer reports on commodity markets for Reuters from Chicago.


Stories by Michael Hirtzer

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

U.S. livestock: Hog futures higher on spreading

By Michael Hirtzer June 28, 2018
Chicago | Reuters — U.S. lean hog futures were narrowly higher in bull-spreading on Thursday as some investors exited positions in nearby contract months ahead of a quarterly government supply […] Read more

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

U.S. livestock: Hogs fall on trade war fears, cash prices

By Michael Hirtzer June 19, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell over two per cent on Tuesday, giving back gains notched in the previous session on broad selling across commodities […] Read more


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

U.S. livestock: Hogs jump on packer demand, cash prices

By Michael Hirtzer June 18, 2018
Chicago | Reuters — U.S. lean hog futures climbed as much as 2.3 per cent on Monday in a bull-spreading rally amid rising cash hog prices and strong demand from […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat surges after USDA cuts Russian output estimate

By Michael Hirtzer June 12, 2018
Chicago | Reuters — U.S. wheat futures surged nearly four per cent for the biggest gains in about a month on Tuesday after the U.S. Department of Agriculture slashed its […] Read more

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

U.S. livestock: Hogs touch five-week high on technical buying, pork gains

By Michael Hirtzer May 29, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a five-week high on Tuesday, bolstered by technical buying and gains in prices for cash hogs and pork, […] Read more


(BiodieselofLasVegas.com)
Crops, Machinery

U.S. biodiesel lobby drops effort to adjust tax credit

By Michael Hirtzer, Tom Polansek May 25, 2018
Chicago | Reuters — The biggest U.S. biodiesel lobbying group has dropped its nine-year push to convert a US$1-per-gallon tax credit available to blenders of the biofuel into one for […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Feeder cattle extend gains on drop in placements

By Michael Hirtzer May 25, 2018
Chicago | Reuters — U.S. cattle futures rose on Friday, shrugging off earlier declines on technical buying and support from government data showing fewer cattle placed in feedlots during April, […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle ease on positioning ahead of supply report

By Michael Hirtzer May 24, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell nearly one per cent on Thursday, pressured by fears of lower trades in cash cattle markets and positioning ahead […] Read more


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

U.S. livestock: Cattle, hogs rise on investment fund buying

By Michael Hirtzer May 23, 2018
Chicago | Reuters –– U.S. livestock futures rose on Wednesday, with lean hogs bouncing from Tuesday’s roughly three-week low on technical and investment fund buying, traders and analysts said. Live […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle surge on technical buying, packer demand

By Michael Hirtzer May 21, 2018
Chicago | Reuters — Cattle futures jumped the most in more than a month on Monday, buoyed by technical short covering and optimism that demand from beef packers that resulted […] Read more

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