Insights and Stories of Michael Hirtzer

Sep. 2, 2016 at 6:51 pm CDT

Chicago | Reuters — U.S. live cattle futures fell to five-year lows on Friday, capping their worst weekly performance so far of 2016 in a technical selloff linked to bigger cattle supplies and lower wholesale beef prices, traders said. Lean hogs also tumbled, declining by as much as 4.8 per […]

By Michael Hirtzer

Aug. 31, 2016 at 8:21 pm CDT

Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest […]

By Michael Hirtzer, Rod Nickel

Aug. 16, 2016 at 5:39 pm CDT

Chicago | Reuters — U.S. lean hog futures declined by as much as 3.8 per cent on Tuesday, reversing from earlier three-week highs on fund selling linked to declines in wholesale pork prices, traders said. Chicago Mercantile Exchange cattle futures also eased but saw smaller declines than hog prices as […]

By Michael Hirtzer

Aug. 12, 2016 at 4:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and […]

By Michael Hirtzer

Aug. 11, 2016 at 5:59 pm CDT

Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading […]

By Michael Hirtzer