Insights and Stories of Michael Hirtzer

Apr. 11, 2017 at 8:33 pm CDT

Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to big gains in wholesale beef prices, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle futures gained for […]

By Michael Hirtzer

Mar. 31, 2017 at 5:00 pm CDT

Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions on the final day of the quarter, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle settled unchanged […]

By Michael Hirtzer

Mar. 30, 2017 at 4:28 pm CDT

Chicago/Reuters – U.S. soybean futures fell to a five-month low on Thursday while corn and wheat weakened as traders adjusted positions ahead of U.S. Department of Agriculture data that was expected to show abundant supplies of each crop. Prices for all three commodities eased in relatively subdued trading before Friday’s […]

By Michael Hirtzer

Mar. 29, 2017 at 2:37 pm CDT

Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn […]

By Michael Hirtzer

Mar. 27, 2017 at 4:55 pm CDT

Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. Wheat futures led the way down. K.C. hard red winter wheat […]

By Michael Hirtzer