Insights and Stories of Heather Schlitz

U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles

Mar. 20, 2024 at 5:01 pm CDT

Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.

U.S. grains: Wheat, corn tick up on short covering; soybeans falter

Mar. 19, 2024 at 4:55 pm CDT

By Heather Schlitz Reuters

U.S. grains: Wheat continues downward trend, soy and corn rise on short covering

Mar. 15, 2024 at 4:22 pm CDT

By Heather Schlitz Reuters

U.S. grains: Wheat and corn plunge on poor export news, soy follows lower

Mar. 14, 2024 at 4:19 pm CDT

By Heather Schlitz Reuters

U.S. grains: CBOT corn futures ease on technical selling, US planting plans

Mar. 13, 2024 at 4:54 pm CDT

By Heather Schlitz Reuters

U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather

Mar. 12, 2024 at 4:09 pm CDT

Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.

By Heather Schlitz Reuters

U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher

Mar. 11, 2024 at 4:55 pm CDT

Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.

By Heather Schlitz Reuters

U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb

Mar. 8, 2024 at 5:59 pm CST

Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.

By Heather Schlitz Reuters

U.S. grains: Wheat sags to 3-1/2-year low

Mar. 7, 2024 at 6:12 pm CST

Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.

By Heather Schlitz Reuters

U.S. grains: Wheat hits 3-1/2-year low on export competition

Mar. 6, 2024 at 4:51 pm CST

Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.

By Heather Schlitz Reuters