Insights and Stories of Michael Hirtzer

Jan. 22, 2018 at 4:41 pm CST

Chicago | Reuters –– U.S. soybean futures climbed to a five-week high on Monday, in buying fueled by steep gains in soymeal as dry weather in Argentina threatened to cut yields, traders said. CBOT March soybean futures rose for the sixth straight session, settling up seven cents or 0.6 per […]

By Michael Hirtzer

Jan. 12, 2018 at 4:01 pm CST

Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in […]

By Michael Hirtzer

Jan. 11, 2018 at 4:54 pm CST

Chicago | Reuters — Chicago soybean futures fell to a four-month low on Thursday ahead of U.S. Department of Agriculture data due on Friday that was expected to show bigger U.S. stockpiles and higher Brazilian soy output. Wheat futures also eased after weekly U.S. wheat export sales came in below […]

By Michael Hirtzer

Jan. 10, 2018 at 5:24 pm CST

Chicago | Reuters — U.S. soybean futures slid to a four-month low on Wednesday, declining for the third straight session on expectations of higher U.S. stocks due to slower exports and a forecast of increased production in Brazil. Wheat futures were slightly higher and corn flat as investors squared positions […]

By Michael Hirtzer

Jan. 9, 2018 at 6:34 pm CST

Chicago | Reuters — U.S. wheat and corn futures gained on Tuesday, after earlier falls, as investors covered short positions and prepared for government crop data due on Friday. Wheat steadied after three sessions of declines and corn bounced from three-week lows. The U.S. Department of Agriculture on Friday is […]

By Michael Hirtzer