The reactant species are:
\[
\boxed{\mathrm{Fe}^{2+}(\mathrm{aq}), \mathrm{LiNO}_{3}(\mathrm{s})}
\]
The product species are:
\[
\boxed{\mathrm{Fe}^{3+}(\mathrm{aq}), \mathrm{Li}^{+}(\mathrm{aq}), \mathrm{Fe}(\mathrm{OH})_{2}(\mathrm{s}), \mathrm{Fe}\left(\mathrm{NO}_{3}\right)_{2}(\mathrm{aq}), \mathrm{NO}_{3}^{-}(\mathrm{aq}), \mathrm{OH}^{-}(\mathrm{aq}), \mathrm{LiOH}(\mathrm{aq}), \mathrm{Fe}(\mathrm{OH})_{3}(\mathrm{s})}
\]