Insights and Stories of Michael Hirtzer

Beef Cattle Hogs Livestock Markets Reuters

U.S. livestock: Cattle futures tumble on demand worries, spreading

Nov. 5, 2018 at 5:08 pm CST

Chicago | Reuters – Live cattle futures fell to a roughly 1-1/2-month low on Monday, sagging on worries of reduced demand for beef and cattle in cash markets, traders said. Calendar spreading across Chicago Mercantile Exchange livestock futures also contributed to declines. Traders were exiting front-month positions and rolling into […]

Toxin in U.S. corn harvest poses latest headache for farmers

Nov. 5, 2018 at 4:45 pm CST

By Michael Hirtzer Tom Polansek

U.S. livestock: Cattle, hog futures lower on weaker cash markets

Nov. 2, 2018 at 5:13 pm CDT

By Michael Hirtzer

U.S. livestock: Cattle futures climb on higher beef prices; hogs mixed

Nov. 1, 2018 at 4:30 pm CDT

By Michael Hirtzer

U.S. livestock: Hog futures jump on technical buying

Oct. 29, 2018 at 4:35 pm CDT

By Michael Hirtzer

U.S. livestock: Cattle futures ease ahead of USDA report

Oct. 19, 2018 at 4:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Friday, with both live cattle and lean hogs easing on worries that U.S. supplies were growing faster than demand, traders and analysts said. Cattle futures declined ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report, […]

By Michael Hirtzer

U.S. livestock: Hogs decline on heavier animals, technical selling

Oct. 17, 2018 at 6:23 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that pointed to larger supplies, traders said. Bear-spreading pressured front-month December hogs, which settled down 2.175 cents at 54.7 cents/lb., a […]

By Michael Hirtzer

U.S. livestock: Cattle futures mostly lower on technical selling

Oct. 16, 2018 at 6:01 pm CDT

Chicago | Reuters — U.S. cattle futures were mostly lower on Tuesday while lean hogs pared gains late in the session, with each pressured in part by technical selling and profit-taking, traders and analysts said. Some traders were liquidating positions in Chicago Mercantile Exchange cattle futures ahead of a monthly […]

By Michael Hirtzer

Expanding E15 sales would have limited U.S. market impact, analysts say

Oct. 16, 2018 at 2:35 am CDT

Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last […]

By Michael Hirtzer

U.S. livestock: Hogs surge on cash price optimism

Oct. 15, 2018 at 5:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared as much as three per cent on Monday in bull-spreading linked to hopes of stronger U.S. cash hog prices and fears of African swine fever spreading in top pork consumer China, traders said. The gains came after China reported […]

By Michael Hirtzer