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Michael Hirtzer

(as Told To Co-operator Editor Laura Rance)


Stories by Michael Hirtzer

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, soy turn lower on technical selling, dollar surge

By GFM Network News, Michael Hirtzer October 22, 2015
Chicago | Reuters –– U.S. corn and soybean futures turned lower on Thursday, reversing from one-week highs on technical selling and pressured by steep gains in the dollar that made U.S. commodities less attractive in export markets. Wheat futures also fell, retreating from gains early in the session at the Chicago Board of Trade. The

(FIle photo by Allan Dawson)
Crops, Markets

U.S. grains: Corn up on bargain buying after five-week low

By GFM Network News, Michael Hirtzer October 20, 2015
Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from earlier losses on technical buying and bargain hunting even as autumn harvests advanced more quickly than usual under dry weather conditions. Corn jumped from a five-week low and soybeans gained for the first time in five sessions. Wheat bounced from


(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Weather

U.S. grains: Wheat hits four-week low as relieving rains forecast

By GFM Network News, Michael Hirtzer October 19, 2015
Chicago | Reuters –– U.S. wheat futures fell to the lowest levels in about a month while corn and soybeans also eased on Monday, pressured by forecasts for crop-friendly rains and plentiful global supplies, traders and analysts said. Showers this week were likely to benefit parched wheat fields in Russia and the southern U.S. Plains

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, wheat fall for second day on harvest, ample supply

By GFM Network News, Michael Hirtzer September 16, 2015
Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from the advancing corn harvest and plentiful global grain supplies. Soybeans reversed from earlier gains to turn narrowly lower, in light trading volumes in each commodity


(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans hit three-week high as crop condition declines

By GFM Network News, Michael Hirtzer September 15, 2015
Chicago | Reuters –– U.S. soybeans rose to a three-week high on Tuesday, underpinned by a U.S. Department of Agriculture report showing a slight deterioration in crop ratings that could result in lower yields. Wheat and corn declined at the Chicago Board of Trade (CBOT) in relatively thin volumes in all three commodities, with many

(FIle photo by Allan Dawson)
Crops, Markets

U.S. grains: Corn extends run to one-month top on USDA yield cut

By GFM Network News, Michael Hirtzer September 14, 2015
Chicago | Reuters — U.S. corn surged to a one-month high while wheat and soybean futures also rose sharply on Monday as investors bet the U.S. Department of Agriculture will reduce crop production forecasts in reports due in the coming weeks. Traders also exited short positions in nearby Chicago Board of Trade contracts as September


(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle fall to 15-month low on beef demand worries

By GFM Network News, Michael Hirtzer August 26, 2015
Chicago | Reuters — U.S. live cattle fell to the lowest levels more than a year on Wednesday as investors sold off holdings on worries the recent downturn in global equities markets will result in lower demand for pricy meat cuts such as steaks. Anticipation of lower trade in cash cattle markets in the U.S.

(Scott Bauer photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hogs hit two-month high on export hopes

By GFM Network News, Michael Hirtzer August 25, 2015
Chicago | Reuters –– U.S. lean hog prices jumped two per cent to the highest in more than two months on Tuesday, extending steep gains from the previous session on hopes of increased export demand, especially to China, traders and analysts said. Expectations that prices may have reached their seasonal bottom also prompted speculative buying


(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lean hogs surge on pork export optimism

By GFM Network News, Michael Hirtzer August 24, 2015
Chicago | Reuters –– U.S. lean hog futures surged about five per cent on Monday, reversing from one-month lows on investor optimism that a weaker dollar would spark increased export demand for pork, traders and analysts said. Live cattle fell to a roughly one-month low while feeder cattle futures declined to lifetime lows at the

(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Corn, wheat fall on dollar gains, weather

By GFM Network News, Michael Hirtzer July 17, 2015
Chicago | Reuters — U.S. corn and wheat fell as much as two per cent on Friday, while soybeans also declined as the dollar climbed and rains provided needed moisture in the western half of the U.S. Midwest crop belt. Chart-based selling also was noted as prices for the crops fell below key moving averages,


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