Insights and Stories of Michael Hirtzer

Feb. 5, 2016 at 5:51 pm CST

Chicago | Reuters — U.S. wheat futures slumped for a second session on Friday, anchored by ample global supplies and after top importer Egypt canceled a tender for the second time this week. Corn and soybeans also fell at the Chicago Board of Trade, with all three markets posting a […]

By Justin Madden, Michael Hirtzer

Feb. 3, 2016 at 6:44 pm CST

Chicago | Reuters — U.S soybeans and corn futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. Wheat settled narrowly higher at the Chicago Board of Trade after a more than one per cent drop in the dollar against a […]

By Justin Madden, Michael Hirtzer

Jan. 15, 2016 at 5:58 pm CST

Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets ahead of a three-day holiday weekend, traders and analysts said. Soybeans eased at the Chicago Board of Trade, pressured by […]

By Michael Hirtzer

Jan. 14, 2016 at 2:59 pm CST

Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after […]

By Michael Hirtzer

Jan. 13, 2016 at 6:12 pm CST

Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after hitting multi-week peaks in the previous session following a bullish U.S. Department of Agriculture supply report. CBOT March wheat reached […]

By Michael Hirtzer