Insights and Stories of Michael Hirtzer

Apr. 5, 2018 at 8:24 pm CDT

Chicago | Reuters — Chicago soybean futures rallied more than one per cent on Thursday as investors played down the immediate impact of proposed Chinese tariffs on U.S. supplies, a move that had sent prices plunging a day earlier. U.S. wheat futures jumped as much as two per cent, lifted […]

By Michael Hirtzer

Apr. 4, 2018 at 4:05 pm CDT

Chicago | Reuters — Chicago soybean futures tumbled two per cent on Wednesday after China readied tariffs against U.S. soy, corn, beef and other goods to retaliate against the Trump administration’s planned tariffs on Chinese exports as a trade war intensified. U.S. corn futures also fell sharply, then recovered a […]

By Michael Hirtzer

Mar. 28, 2018 at 5:42 pm CDT

Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with both cattle and hogs recovering from recent lows on bargain buying and positioning ahead of government supply data, traders and analysts said. Most lean hog contracts jumped three per cent or more on the Chicago Mercantile Exchange […]

By Michael Hirtzer

Mar. 16, 2018 at 4:55 pm CDT

Chicago | Reuters — Chicago wheat futures dropped to a 2-1/2-week low on Friday on outlooks for rains by this weekend that should alleviate stress on some crops in the parched U.S. Plains growing region, traders said. CBOT May contract wheat settled down 11 cents at $4.67-3/4 per bushel, bringing […]

By Michael Hirtzer

Mar. 15, 2018 at 3:36 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat fell nearly two per cent on Thursday in a technical sell-off amid outlooks for rain in the parched U.S. Plains crop belt, traders and analysts said. Disappointing weekly U.S. wheat export sales added to headwinds, with CBOT May wheat dropping 10 […]

By Michael Hirtzer