Insights and Stories of Heather Schlitz

U.S. grains: Wheat, corn futures end week lower with Russian crop in focus

May. 31, 2024 at 4:32 pm CDT

Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.

U.S. grains: Wheat slips further from highs as Russia rain awaited

May. 30, 2024 at 5:36 pm CDT

By Heather Schlitz Reuters

U.S. grains: Wheat loses steam after rally as traders eye Russian weather

May. 29, 2024 at 5:07 pm CDT

By Heather Schlitz Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Wheat hits 10-month high on reduced Russian crop outlook

May. 28, 2024 at 4:49 pm CDT

By Heather Schlitz Reuters

U.S. grains: Wheat ends up on Black Sea crop worries, but rally seen losing steam

May. 23, 2024 at 5:54 pm CDT

By Heather Schlitz Reuters

U.S. grains: Wheat sets 10-month high on deteriorating Russian harvest prospects

May. 22, 2024 at 4:30 pm CDT

Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia, before the market turned lower.

By Heather Schlitz Reuters

U.S. grains: CBOT wheat hits July high on declining Russian crop estimates

May. 21, 2024 at 5:04 pm CDT

Chicago Board of Trade wheat futures Wv1 reached their highest level since July on Tuesday as frost damage in top-exporter Russia and lower U.S. crop ratings supported prices, traders said.

By Heather Schlitz Reuters

U.S. grains: Wheat resumes fall after rain, soy up on technical trading

May. 1, 2024 at 4:36 pm CDT

Chicago Board of Trade (CBOT) benchmark wheat futures fell on Wednesday after ticking up in the early session as much-needed rainfall reaches key wheat-growing areas of the U.S. Plains and southern Russia.

By Heather Schlitz Reuters

U.S. grains: Soybeans slide as soyoil plummets; wheat, corn sag

Apr. 30, 2024 at 5:34 pm CDT

U.S. soybean futures fell nearly two per cent on Tuesday as falling soyoil prices dragged down the soy complex amid weak demand, deliveries against the May futures contract and market uncertainty, traders said.

By Heather Schlitz Reuters

U.S. grains: Wheat tumbles as Russian rain forecast spurs profit taking

Apr. 29, 2024 at 4:10 pm CDT

Chicago benchmark wheat futures WN24 fell more than two per cent on Monday, snapping a seven-session rally, as the crop outlook in top exporter Russia improved on forecasts for rain, analysts said.

By Heather Schlitz Reuters