Insights and Stories of Michael Hirtzer

Mar. 7, 2018 at 6:44 pm CST

Chicago | Reuters — Chicago wheat, corn and soybean futures were lower on Wednesday as investors squared up their positions ahead of a monthly U.S. Department of Agriculture report due on Thursday, traders said. Prices for each crop have cooled from last week’s multimonth highs amid dry growing conditions for […]

By Michael Hirtzer

Mar. 6, 2018 at 5:36 pm CST

Chicago | Reuters — U.S. winter wheat futures fell on Tuesday as crop conditions stabilized in the dry Plains growing region and buying interest waned following a surge that brought prices to an eight-week high last week, traders said. Chicago Board of Trade May wheat futures eased 2-1/4 cents to […]

By Michael Hirtzer

Mar. 5, 2018 at 6:08 pm CST

Chicago | Reuters — U.S. grain and soy futures edged higher on Monday, with some wheat contracts rising more than one per cent as weather forecasts showed little rain relief for dry wheat crops in the Plains or drought-affected grain belts in major exporter Argentina. Global benchmark Chicago Board of […]

By Michael Hirtzer

Feb. 27, 2018 at 8:13 pm CST

Chicago | Reuters — U.S. wheat prices rose to roughly seven-month highs on Tuesday as low crop ratings and limited chances of rain in drought-hit parts of the Plains growing region kept attention on the risk of yield losses. The gains were fueled by U.S. Department of Agriculture data released […]

By Michael Hirtzer

Feb. 23, 2018 at 7:13 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined for the fourth straight session on Friday, easing on technical selling and bets that cattle prices have likely reached a short-term peak, traders and analysts said. Feeder cattle and lean hog futures were slightly higher, with feeders rebounding from […]

By Michael Hirtzer