Insights and Stories of Michael Hirtzer

Nov. 10, 2016 at 4:20 pm CST

Chicago/Reuters – U.S. soybean futures rallied on Thursday, rebounding on technical buying after the previous session’s steep losses, while corn edged higher and wheat lower in choppy trading as the dollar rose, traders said. All three commodities pared earlier gains, with the U.S. Department of Agriculture’s monthly forecast on Wednesday […]

By Michael Hirtzer

Nov. 7, 2016 at 4:04 pm CST

Chicago/Reuters – U.S. soybean futures rose for the third straight session on Monday, boosted by robust export demand, while wheat and corn futures eased due to caution ahead of Tuesday’s U.S. elections and a key supply-demand report. Chicago Board of Trade soybean and soymeal prices each gained nearly 1 percent […]

By Michael Hirtzer

Nov. 4, 2016 at 10:00 pm CDT

Chicago/Reuters – U.S. soybean, wheat and corn futures were slightly higher on Friday, boosted by light investment fund buying ahead of next week’s presidential election and U.S. Department of Agriculture monthly supply and demand data, traders said. Chicago Board of Trade corn and soybean futures fell sharply for the week, despite […]

By Michael Hirtzer

Nov. 3, 2016 at 5:37 pm CDT

Chicago/Reuters – U.S. wheat futures fell more than one per cent on Thursday and soybean and corn prices rose slightly as markets took cues from U.S. Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of U.S. soybeans and 1.47 million tonnes of corn topped […]

By Michael Hirtzer

Nov. 2, 2016 at 4:53 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. […]

By Michael Hirtzer