Insights and Stories of Michael Hirtzer

Aug. 17, 2017 at 5:15 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures fell about one per cent to life-of-contract lows on Thursday, weighed down by investment fund short selling and abundant global supplies, traders said. Corn futures also eased but held just above Wednesday’s multimonth lows while soybean futures gained on strong […]

By Michael Hirtzer

Aug. 15, 2017 at 5:53 pm CDT

Chicago | Reuters — Chicago Board of Trade corn tumbled to a 10-month low on Tuesday and soybeans fell to a six-week low as rains boosted expectations for bumper U.S. crops, traders said. Some CBOT wheat and K.C. wheat futures dropped to life-of-contract lows on technical selling and as a […]

By Michael Hirtzer

Aug. 14, 2017 at 5:23 pm CDT

Chicago | Reuters — U.S. soybean and spring wheat futures pared losses on Monday but still closed lower as technical selling and outlooks for favourable crop weather continued to pressure prices following steep declines last week. Meanwhile, Chicago Board of Trade wheat and corn futures turned higher on a bargain-buying […]

By Michael Hirtzer

Jul. 19, 2017 at 6:23 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose about one per cent on Wednesday, extending gains from the previous session on outlooks for mostly dry weather that likely will stress U.S. crops, traders and analysts said. Corn and soy prices came off their session highs […]

By Michael Hirtzer

Jul. 18, 2017 at 4:01 pm CDT

Chicago | Reuters –– Chicago Board of Trade corn futures were higher on Tuesday, lifted by concerns that hot and dry weather could reduce yields for the U.S. harvest in the wake of government data showing deteriorating crop condition ratings, traders said. Corn finished about 10 cents per bushel below […]

By Michael Hirtzer