Michael Hirtzer, Reuters
Recent Stories by Michael Hirtzer, Reuters
Hogs Touch Five-week High on Technical Buying, Pork Gains; Cattle Drop
May 29, 2018 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange lean hog futures climbed to a five-week high on Tuesday, bolstered by technical buying and gains in prices for cash hogs and pork, traders said.
Feeder Cattle Extend Gains After USDA Shows Drop in Placements
May 28, 2018 by Michael Hirtzer, Reuters
U.S. cattle futures rose on Friday, shrugging off earlier declines on technical buying and support from government data showing fewer cattle placed in feedlots during April, traders and analysts said.
Cattle Ease on Positioning Ahead of USDA Supply Report; Hogs Up
May 24, 2018 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange live cattle futures fell nearly 1 percent on Thursday, pressured by fears of lower trades in cash cattle markets and positioning ahead of a government supply report due on Friday.
Cattle, Hog Futures Rise on Investment Fund Buying
May 23, 2018 by Michael Hirtzer, Reuters
U.S. livestock futures rose on Wednesday, with lean hogs bouncing from Tuesday's roughly three-week low on technical and investment fund buying, traders and analysts said.
Live Cattle Tumble Price Limit in Technical Selloff; Hogs Rally
May 14, 2018 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange live cattle futures tumbled 2 percent or more on Monday, with the front-month June contract falling by its 3.000 cents per pound daily limit in a technical selloff, traders said.
Cattle, Hogs Mostly Higher in Bargain-buying Rebound
Mar 28, 2018 by Michael Hirtzer, 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.
Cattle Rises to Near Two-month High on Beef Gains, Fund Buying
Jan 24, 2018 by Michael Hirtzer, Reuters
Live cattle futures climbed to a near two-month high on Wednesday, rising for the third straight session on firm beef prices and investment fund buying, traders and analysts said.
U.S. Soy Processors Build New Capacity at Fastest Rate in 20 Years
Dec 11, 2017 by Michael Hirtzer, Reuters
U.S. agricultural cooperatives are building new soybean crushing plants at the fastest rate in two decades as farmers in the world’s top producer prepare to sow another record area with soy.
Hog Futures at Three-week High on Fund Buying, Spreading
Nov 28, 2017 by Michael Hirtzer, Reuters
U.S. lean hog futures climbed to a three-week high on Tuesday, extending gains from recent days on speculation prices would rise higher next month and on calendar spreading, traders and analysts said.
Live Cattle Hit Daily Price Limit After Higher Cash Prices
Nov 03, 2017 by Michael Hirtzer, Reuters
U.S. live cattle futures surged more than 2 percent on Friday, rising by as much as their 3.000 cent daily price limit on technical buying and following gains in cash cattle markets late Thursday.
Cattle Futures Rise Again on Cash Hopes, Hogs Widely Mixed
Nov 01, 2017 by Michael Hirtzer, Reuters
U.S. live cattle futures bounded to life-of-contract highs for the third straight session on Wednesday, rising on expectations that beef packers will continue paying higher prices in Plains cash markets.
Live Cattle, Hog Futures Hit Contact Highs on Fund Buying
Oct 31, 2017 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange live cattle and lean hog futures rose to life-of-contract highs on Tuesday, lifted by investment fund buying linked to optimism that meat prices will continue to rise, traders said.
Hog Futures Tumble in a Reversal on Technical Selloff, Cattle Fall
Oct 17, 2017 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange lean hog futures fell about 2 percent in a technical selloff on Tuesday, easing from an earlier two-month high in a reversal that could portend further declines, traders and analysts said.
Hog Futures at Two-month High on Pork Packer Demand; Cattle Eases
Oct 16, 2017 by Michael Hirtzer, Reuters
U.S. lean hog futures rose to a two-month high on Monday as cash prices extended their climb on strong demand from the expanded pork processing sector, traders and analysts said.
Hogs Rise on Stronger Cash Markets; Cattle About Flat
Oct 11, 2017 by Michael Hirtzer, Reuters
Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said.