Insights and Stories of Michael Hirtzer

Jul. 9, 2018 at 7:09 pm CDT

Chicago | Reuters — U.S. lean hog futures fell over three per cent on Monday, weighed down by plentiful supplies and worries of weaker demand later this year due to tariffs on imports of American pork in Mexico and Canada, traders and analysts said. Most-active Chicago Mercantile Exchange August hogs […]

By Michael Hirtzer

Jul. 5, 2018 at 6:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures were little changed on Thursday in technically driven trade amid a lack of fresh fundamental news following a pause in trading on Wednesday’s U.S. Independence Day holiday. Most active live cattle futures finished narrowly mixed as traders awaited deals […]

By Michael Hirtzer

Jul. 3, 2018 at 5:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mostly higher on Tuesday, with some hog and cattle contracts hitting multi-month peaks on technical buying ahead of Wednesday’s U.S. Independence Day holiday, traders and analysts said. CME July lean hog futures climbed to their highest since Feb. 26, settling […]

By Michael Hirtzer

Jul. 2, 2018 at 5:13 pm CDT

Chicago | Reuters — U.S. feeder cattle futures rose to nearly four-month highs on Monday as declining feed prices boosted demand for the variety of cattle fattened and then sold to beef packers. Live cattle futures, reflecting the animals already fattened for slaughter, were narrowly higher while lean hogs were […]

By Michael Hirtzer

Jun. 29, 2018 at 8:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged by their three cents/lb. daily price limit on Friday, boosted by investment fund buying and better-than-expected sales in cash cattle markets, traders and analysts said. Feeder cattle futures also climbed by their daily limit, of 4.5 cents/lb., tracking the […]

By Michael Hirtzer