Insights and Stories of Heather Schlitz

Jul. 10, 2024 at 4:20 pm CDT

CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.

By Heather Schlitz, Reuters

Jul. 10, 2024 at 3:49 pm CDT

Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year low as favorable U.S. crop conditions kept a lid on prices.

By Heather Schlitz, Reuters

Jul. 9, 2024 at 4:07 pm CDT

CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

By Heather Schlitz, Reuters

Jul. 9, 2024 at 4:04 pm CDT

Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.

By Heather Schlitz, Reuters

Jul. 5, 2024 at 3:30 pm CDT

Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.

By Heather Schlitz