Posts by: Jack Scoville

Morning Grains 4/17/14

On April 17, 2014 - 10:25 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 99,910 lots, or 4.37 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,761 4,772 4,754 4,762 4,756 4,763 7 4,496 19,530 Jul-14 4,587 4,587 4,586 4,586 4,595 4,586 -9 6 18 Sep-14 4,385 4,395 4,360 4,391 4,366 [...]

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Morning Softs 4/17/14

On April 17, 2014 - 9:01 AM By

COTTON General Comments: Futures were higher, but held the recent trading range. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to reduce its government supplies. The government is releasing some of its supplies to millers at competitive prices when compared [...]

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Morning Grains 4/16/14

On April 16, 2014 - 10:06 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 107,766 lots, or 4.70 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,755 4,758 4,752 4,758 4,753 4,756 3 3,224 23,324 Jul-14 4,663 4,663 4,528 4,528 4,534 4,595 61 4 20 Sep-14 4,381 4,386 4,354 4,371 4,359 [...]

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Morning Softs 4/16/14

On April 16, 2014 - 9:34 AM By

COTTON General Comments: Futures were lower, but held the recent trading range. The price action overall has not been real strong, and some traders think a major top is being built. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to [...]

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Morning Grains 4/15/14

On April 15, 2014 - 10:15 AM By

Crop Progress Date 13-Apr 6-Apr 2013 Avg Cotton Planted 8 6 8 9 Corn Planted 3 2 6 Rice Planted 25 15 22 31 Rice Emerged 9 12 12 Sorghum Planted 20 11 23 21 Sugarbeets Planted 5 12 Oats Planted 9 38 47 Winter Wheat Headed 5 4 Spring Wheat Planted 6 5 Barley [...]

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Morning Softs 4/15/14

On April 15, 2014 - 10:10 AM By

COTTON General Comments: Futures were higher in nearby months, but lower in deferred months. The price action overall has not been real strong, but Bulls seem unwilling to give up. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market has seen selling due to reduced [...]

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Morning Grains 4/14/14

On April 14, 2014 - 10:44 AM By

WHEAT General Comments: Wheat closed mostly a little lower on some long liquidation before the weekend. Egypt bought wheat from East Europe and Russia to cause some selling in Chicago. Mineapolis closed a little higher on forecasts for cold weather and precipitation for at least the first part of next week that could delay fieldwork. [...]

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Morning Softs 4/14/14

On April 14, 2014 - 9:08 AM By

COTTON General Comments: Futures were unchanged to higher as worried about demand in the near term went against bad planting weather in the US. Demand is a problem as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be sharply curtailed in the coming months. [...]

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Morning Grains 4/10/14

On April 10, 2014 - 10:32 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 50,776 lots, or 2.18 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,737 4,750 4,733 4,743 4,747 4,740 -7 2,284 34,894 Jul-14 – – – 4,522 4,522 4,522 0 0 24 Sep-14 4,298 4,316 4,298 4,299 4,312 [...]

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Morning Softs 4/10/14

On April 10, 2014 - 10:27 AM By

COTTON General Comments: Futures were lower in buy the rumor and sell the fact trading after USDA cut production in the USDA supply and demand reports. The demand side was adjusted to account for the lost production, and ending stocks estimates were left unchanged. World data showed a slight increase in supplies. Demand is a [...]

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Morning Grains 4/9/14

On April 9, 2014 - 11:08 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 76,516 lots, or 3.29 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,752 4,755 4,734 4,737 4,747 4,747 0 3,552 35,380 Jul-14 4,522 4,522 4,522 4,522 4,501 4,522 21 2 24 Sep-14 4,300 4,326 4,292 4,297 4,287 [...]

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Morning Softs 4/9/14

On April 9, 2014 - 10:30 AM By

COTTON General Comments: Futures were higher in anticipation of lower production and lower ending stocks estimates in the USDA supply and demand reports that will come out later this morning. Demand is a problems as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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