Insights and Stories of Brendan O'Brien

Dec. 8, 2023 at 3:27 pm CST

U.S. soybean futures fell on Friday after the Department of Agriculture's updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.

By Brendan O'Brien, Reuters

Dec. 7, 2023 at 3:40 pm CST

U.S. soybean futures rose on Thursday on a fresh round of export sales and the prospect of Argentina's new President Javier Milei devaluing the nation's currency after he takes office over the weekend, analysts said.

By Brendan O'Brien, Reuters

Dec. 6, 2023 at 5:01 pm CST

Chicago wheat pared gains on Wednesday after touching a four-month high following a third straight day of private sales of U.S. wheat to China, the largest wave of Chinese purchases in almost a decade.

By Brendan O'Brien, Reuters

Dec. 5, 2023 at 4:20 pm CST

Wheat rose after U.S. Department of Agriculture (USDA) confirmed private sales of 198,000 metric tons of U.S. soft red winter wheat to China, the second such sale in as many days. Monday's announcement that China had purchased 440,000 tons of the grain, the largest one-off U.S. wheat export sale to China since at least 2020, added impetus to a recent rally.

By Brendan O'Brien, Reuters

Dec. 4, 2023 at 4:31 pm CST

Chicago Board of Trade wheat rose nearly three per cent on Monday, with the most-active contract Wv1 reaching the highest level since late August after the U.S. Department of Agriculture confirmed the largest one-off private sale to China in years.

By Brendan O'Brien, Reuters