Insights and Stories of Heather Schlitz

Nov. 26, 2024 at 4:26 pm CST

Chicago corn and soybean futures fell on Tuesday following U.S. President-elect Donald Trump's threat of tariffs against major trading partners, while forecasts for strong South American crops also pressured prices, traders said.

By Heather Schlitz, Reuters

Nov. 26, 2024 at 4:22 pm CST

Chicago Mercantile Exchange live and feeder cattle futures were steady to higher on Tuesday owing to strong beef demand and the detection of screwworm in a cow in southern Mexico, which has temporarily shut down exports of Mexican cattle to the U.S.

By Heather Schlitz, Reuters

Nov. 25, 2024 at 4:48 pm CST

Chicago wheat futures fell on Monday as ample supplies pressured prices, with worry receding that an intensified conflict between Russia and Ukraine could threaten Black Sea export shipments.

By Heather Schlitz, Reuters

Nov. 25, 2024 at 4:43 pm CST

Chicago Mercantile Exchange feeder cattle futures shot to their highest point since July on Monday as a screwworm outbreak in Mexican cattle shut down feeder cattle exports from Mexico to the U.S. and propelled futures higher, analysts said.

By Heather Schlitz, Reuters

Nov. 14, 2024 at 10:19 am CST

U.S. farmers struggling with slumping incomes and depressed grain prices have been switching to cheaper generic pesticides and fungicides as they plan for spring planting next year, which market analysts said could hit the bottom lines of agrichemical companies like Bayer.

By Heather Schlitz, P.J. Huffstutter, Reuters