Insights and Stories of Michael Hirtzer

U.S. wheat posts steep rally on export optimism

Oct. 18, 2013 at 2:43 pm CDT

U.S. wheat surged nearly three per cent on Friday, passing US$7 per bushel for the first time since June, as a smaller-than-expected production forecast from Argentina fed optimism about the demand outlook for U.S. supplies. Corn futures followed wheat higher, touching the highest level in a week and a half, […]

Donations, prisoners aid cities, ranchers after S.D. blizzard

Oct. 17, 2013 at 10:33 pm CDT

By Michael Hirtzer

Record blizzard kills South Dakota cattle

Oct. 8, 2013 at 2:22 pm CDT

By Michael Hirtzer

U.S. wheat eases on way to third straight weekly gain

Oct. 4, 2013 at 3:13 pm CDT

By Michael Hirtzer

U.S. wheat hits 3-1/2 month high on tighter supply outlook

Oct. 3, 2013 at 4:08 pm CDT

By Michael Hirtzer

U.S. wheat hits 11-week high on export optimism

Oct. 2, 2013 at 5:16 pm CDT

U.S. wheat climbed to an 11-week high on Wednesday on bets that slow grain shipments out of the Black Sea region could help maintain the brisk pace of U.S. exports. Soybeans also gained at the Chicago Board of Trade, rebounding from a recent 19-month low on light investment fund buying […]

By Michael Hirtzer

Chicago soy loss deepens, corn at three-year low

Oct. 1, 2013 at 3:15 pm CDT

U.S. soybeans plunged to a 19-month low on Tuesday for their worst drop since February in the wake of government reports on Monday that showed larger-than-expected existing supplies and improving conditions for the new crop. Corn futures also fell, hitting their lowest levels in three years as U.S. farmers harvested […]

By Michael Hirtzer

Chicago corn, soy fall most in months on USDA stocks surprise

Sep. 30, 2013 at 5:09 pm CDT

U.S. corn futures plunged to a three-year low on Monday and soybeans fell the most since February to a five-week bottom after a government crop report surprised traders by showing larger-than-expected stocks of both commodities. The declines at the Chicago Board of Trade capped corn’s worst quarterly performance in 17 […]

By Michael Hirtzer

U.S. wheat hits two-month low as harvest advances

Jun. 14, 2013 at 6:22 pm CDT

U.S. wheat futures settled at the lowest level in more than two months on Friday as harvest advanced in the southern Plains, while new-crop corn and soybean futures eased on ideal growing conditions for the young crops. Farmers were gathering hard red winter wheat in Texas and Oklahoma, with harvest […]

By Michael Hirtzer

U.S. corn, soy fall as growing conditions turn ideal

Jun. 13, 2013 at 5:32 pm CDT

U.S. grain futures fell on Thursday, with corn hitting a three-week low and soybeans down two per cent, as ideal growing conditions developing in the Midwest grain belt dampened bullish sentiment over tight old-crop supplies. Soybean futures posted their largest daily loss in about a month as investors sold off […]

By Michael Hirtzer