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Michael Hirtzer

(as Told To Co-operator Editor Laura Rance)


Stories by Michael Hirtzer

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat rebounds ahead of USDA reports

By GFM Network News, Michael Hirtzer March 27, 2015
Chicago | Reuters — U.S. wheat climbed as much as two per cent in a bargain-buying bounce on Friday, rebounding after three sessions of steep declines that dragged futures into technically oversold territory. Soybean and corn futures each were lower at the Chicago Board of Trade (CBOT) with investors in all three trading pits squaring

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat down most in nearly two years on dollar rebound

By GFM Network News, Michael Hirtzer March 26, 2015
Chicago | Reuters –– U.S. grain and soybean futures reversed early gains to turn lower on Thursday on pressure from a higher dollar, with wheat’s three-session decline of more than six per cent the biggest such slide in nearly two years. The U.S. dollar, which rose in a rebound from a three-week low, makes goods


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat drops on forecast, corn hits three-week high

By GFM Network News, Michael Hirtzer March 25, 2015
Chicago | Reuters –– U.S. wheat fell for the third straight session on Wednesday, pressured by technical selling and forecasts for rains needed in the parched southern U.S. Plains growing region. But prices trimmed their losses while corn edged higher and soybeans lower in a choppy session at the Chicago Board of Trade (CBOT). The

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

U.S. grains: Wheat tumbles after rally as rain monitored

By GFM Network News, Michael Hirtzer March 24, 2015
Chicago | Reuters — U.S. wheat tumbled as much as two per cent on Tuesday as investors took profits after the previous session’s five-week high and extended weather outlooks showed the possibility of crop-friendly rains in the U.S. and Russia. Soybean futures also were lower at the Chicago Board of Trade, pressured by record South


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soy, corn, wheat rise on weak dollar, short-covering

By GFM Network News, Michael Hirtzer March 23, 2015
Chicago | Reuters — U.S. soybean, corn and wheat futures climbed one per cent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions. Dry weather in Russia and the southern U.S. Plains’ growing areas also underpinned wheat prices while corn futures climbed above several key

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soybeans fall to one-week low on Brazil strike pause, harvest

By GFM Network News, Michael Hirtzer March 3, 2015
Chicago | Reuters — U.S. soybeans fell to a one-week low on Tuesday in a technical selloff sparked by a weakening truckers strike in Brazil and the advancing harvest of what’s expected to be Brazil’s biggest soy crop ever. Soybean futures trimmed their losses late in the session while corn and wheat each reversed earlier


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat tumbles after Egypt cancels U.S. tender

By GFM Network News, Michael Hirtzer February 18, 2015
Chicago | Reuters –– U.S. wheat tumbled as much as two per cent on Wednesday, with benchmark Chicago Board of Trade (CBOT) futures falling the most in a week after top global wheat importer Egypt cancelled a tender seeking supplies from the U.S. Overbought technical conditions and profit-taking also pressured prices, with CBOT corn and

(Monsanto.com)
Crops, Markets

U.S. grains: Soy hits one-month high on soymeal gains, NOPA data

By GFM Network News, Michael Hirtzer February 17, 2015
Chicago | Reuters — U.S. soybeans climbed to a one-month peak on Tuesday, lifted by a three per cent spike in soymeal futures and data showing near-record domestic crushings of the beans in January, traders said. Wheat futures were mixed, with some contracts turning lower after earlier hitting three-week highs on a short-covering bounce. Corn


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soybeans, wheat turn higher on bargain buying

By GFM Network News, Michael Hirtzer February 11, 2015
Chicago | Reuters — U.S. wheat and soybeans were narrowly higher on Wednesday, rebounding from losses earlier in the session on support from bargain buying and active spread trading after prices tumbled following a bearish government crop report released on Tuesday. Corn futures trimmed losses but still finished lower at the Chicago Board of Trade,

(USDA.gov via Flickr)
Crops, Markets

U.S. grains: Wheat falls one per cent on USDA outlook

By GFM Network News, Michael Hirtzer February 10, 2015
Chicago | Reuters — U.S. wheat futures fell 1.5 per cent on Tuesday, declining for the first time in four sessions after the U.S. Department of Agriculture in a monthly report estimated world ending stocks larger than analysts anticipated. Soybean futures shed one per cent while corn was narrowly lower. Prices for all three crops


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