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Michael Hirtzer

(as Told To Co-operator Editor Laura Rance)


Stories by Michael Hirtzer

Crops, Markets

U.S. grains: Corn jumps to three-week high on big export sales

By GFM Network News, Michael Hirtzer March 27, 2014
Chicago | Reuters — U.S. corn climbed 1.6 per cent to its highest in nearly three weeks on Thursday, lifted by large export sales, while wheat futures also rose as grain prices rebounded after two sessions of declines. Soybean futures edged lower at the Chicago Board of Trade, pressured by export sales results showing further

Crops, Markets, Weather

U.S. grains: Wheat falls one per cent on forecast for U.S. Plains

By GFM Network News, Michael Hirtzer March 26, 2014
Chicago | Reuters — U.S. wheat futures fell more than one per cent for their second straight session of declines on Wednesday in a selloff sparked by forecasts for rain in parched growing regions in the southern U.S. Plains. Corn futures edged narrowly lower on pressure from the steep downturn in wheat while soybeans moved


Crops, Markets

U.S. grains: Corn, wheat edge lower in consolidation ahead of report

By GFM Network News, Michael Hirtzer March 25, 2014
Chicago | Reuters –– U.S. corn futures eased for the first time in three sessions on Tuesday while wheat prices also lost ground as investors took profits ahead of a major government crop report due next week. Forecasts for more favourable weather in the U.S. also weighed on grain prices even as they remained near

CBOT March oats hit a record US$5.63-1/4 per bushel Wednesday on continued logistics woes in Western Canada. (Lisa Guenther photo)
Crops, Markets

CBOT oats hit record high, rail delays keep supplies tight

By GFM Network News, Michael Hirtzer March 12, 2014
Chicago | Reuters — The Chicago Board of Trade oat market soared 17 per cent to an all-time high on Wednesday, continuing a month-long rally on tight supplies due to backlogged rail shipments from top exporter Canada. The biggest gains were notched in the thinly traded March contract as traders exited their short positions ahead


Crops, Markets

U.S. grains: Wheat, corn surge as market frets over Ukraine

By GFM Network News, Michael Hirtzer March 3, 2014
Reuters — U.S. wheat futures surged nearly five per cent On Monday, the most in 1-1/2 years, as tensions in Ukraine stoked fears of disruption to shipments from the Black Sea, one of the world’s key grain-exporting zones. Corn futures jumped 1.5 per cent at the Chicago Board of Trade after Ukraine, a major exporter

Crops, Markets

U.S. grains: Soybeans retreat from highest levels since September

By GFM Network News, Michael Hirtzer February 28, 2014
Chicago | Reuters — U.S. soybeans fell on Thursday, retreating after five sessions of gains and a rise in early trade to the highest level since September as U.S. and South American farmers boosted sales, traders said. Wheat futures shed nearly three per cent and corn 1.7 per cent, with all three markets pressured in


Crops, Markets

U.S. grains: Wheat plunges most in month on export worries

By GFM Network News, Michael Hirtzer February 26, 2014
Chicago | Reuters — U.S. wheat futures plunged 2.4 per cent on Wednesday for their worst losses in a month, pressured by worries that the recent run-up in prices to a two-month high would make supplies from the U.S. less competitive in global markets. Wheat futures fell to their lows late in the session at

Crops, Markets

U.S. grains: Soybeans at five-month high on sale to ‘unknown’

By GFM Network News, Michael Hirtzer February 25, 2014
Chicago | Reuters — U.S. soybean futures notched a new five-month high on Tuesday after a U.S. Agriculture Department announcement of a large sale to an unknown destination sparked a round of buying by investment funds, traders said. Soybeans trimmed losses early in the session to gain for the fourth consecutive day. Corn futures also


Crops, Markets

U.S. grains: Soybeans extend run on S. America worries

By GFM Network News, Michael Hirtzer February 24, 2014
Chicago | Reuters — U.S. soybeans rose for the third consecutive session on Monday to hit a five-month high as rains stalled the harvest in South America and data from Washington confirmed robust shipments of the oilseed out of the U.S. Corn futures declined the second session in a row as traders took profits after

Crops, Markets

U.S. grains: Soy jumps most in two weeks on tightening supplies

By GFM Network News, Michael Hirtzer January 31, 2014
Corn gains second consecutive month, wheat down fourth month in row Chicago | Reuters — U.S. soybeans surged into the close of trading on Friday, finishing just below their session high and climbing for the second straight day on good demand for U.S. supplies in the early days of a bumper harvest in South America,


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