Insights and Stories of Heather Schlitz

USDA forecasts record soy, bumper corn crops

Aug. 12, 2024 at 11:43 am CDT

Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected […]

U.S. grains: Corn prices near four-year low, trapped below $4/bushel

Aug. 1, 2024 at 4:48 pm CDT

By Heather Schlitz Reuters

U.S. livestock: Cattle futures fall amid fund selling, lower wholesale prices

Aug. 1, 2024 at 4:45 pm CDT

By Heather Schlitz Reuters

U.S. grains: Chicago corn falls below $4 on beneficial weather

Jul. 31, 2024 at 3:19 pm CDT

By Heather Schlitz Reuters

U.S. livestock: CME lean hogs turn down on seasonal dip

Jul. 30, 2024 at 4:27 pm CDT

By Heather Schlitz Reuters

Crop tour forecasts record wheat yields in parts of North Dakota

Jul. 25, 2024 at 9:19 am CDT

Devils Lake, North Dakota | Reuters – U.S. spring wheat crops in northwest and north-central North Dakota are expected to produce the highest yields since at least 1994, the Wheat Quality Council said on an annual tour on Wednesday. Crop scouts estimated the average hard red spring wheat yield at […]

By Heather Schlitz

U.S. livestock: Cattle and hog futures up on strong wholesale prices

Jul. 12, 2024 at 5:33 pm CDT

Chicago Mercantile Exchange (CME) live and feeder cattle futures bounced on Friday as strong cash prices buoyed futures markets, traders said.

By Heather Schlitz Reuters

U.S. grains: Wheat, corn and soybeans rebound ahead of data

Jul. 11, 2024 at 5:26 pm CDT

Chicago wheat, corn and soybean futures regained ground on Thursday after Wednesday's dramatic losses as investors covered short positions ahead of the U.S. Department of Agriculture's supply and demand report set to be released on Friday.

By Heather Schlitz Reuters

U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying

Jul. 11, 2024 at 5:23 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.

By Heather Schlitz Reuters