Insights and Stories of Michael Hirtzer

Mar. 15, 2017 at 5:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash cattle trades in the southern U.S. Plains, traders and analysts said. Beef packers paid higher values for cattle to take […]

By Michael Hirtzer

Mar. 14, 2017 at 5:57 pm CDT

Chicago | Reuters — U.S. cattle futures declined on Tuesday, with live cattle easing one per cent as traders locked in profits following recent steep gains and amid uncertainty over how cash markets would develop this week, traders and analysts said. Lean hog futures climbed to a three-week high at […]

By Michael Hirtzer

Mar. 10, 2017 at 7:17 pm CST

Reuters — Wildfires devastated a Smithfield Foods hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said Friday. The exact number of swine killed in the Oklahoma fire, which began on Monday, was not immediately known. Smithfield did not say how many died in […]

By Michael Hirtzer, Renita D. Young

Mar. 10, 2017 at 5:42 pm CST

Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and corn prices fell. Higher prices for meat and lower prices for animal feed boost profits in the cattle sector. Greening […]

By Michael Hirtzer

Mar. 9, 2017 at 4:45 pm CST

Chicago | Reuters — U.S. feeder cattle futures gained one per cent and live cattle futures were narrowly higher on Thursday amid rising demand for animals, especially for grazing, traders and analysts said. Greening pastures in the Plains region boosted demand for lighter-weight cattle to feed on grass, with beef […]

By Michael Hirtzer