Posts by: Jack Scoville

Morning Grains 12/18/14

On December 18, 2014 - 10:49 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 112,562 lots, or 4.92 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,619 4,653 4,614 4,625 4,619 4,624 5 20,980 111,012 Mar-15 4,357 4,357 4,313 4,342 4,336 4,338 2 10 120 May-15 4,313 4,326 4,287 4,313 4,317 [...]

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Morning Softs 12/18/14

On December 18, 2014 - 10:46 AM By

COTTON General Comments: Futures were higher on short covering that seemed related to the rally in petroleum futures. However, prices overall held the range. It is still posible that a seasonal low is being made, but there remain few reasons to expect a big bull market to begin in the near future. Better US economic [...]

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Morning Grains 12/17/14

On December 17, 2014 - 10:14 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 91,036 lots, or 3.99 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,616 4,631 4,611 4,619 4,624 4,619 -5 18,532 119,234 Mar-15 4,352 4,352 4,308 4,338 4,331 4,336 5 46 120 May-15 4,317 4,339 4,305 4,310 4,324 [...]

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Morning Softs 12/17/14

On December 17, 2014 - 10:11 AM By

COTTON General Comments: Futures were lower on weaker US housing data nd as the Ruble continued to implode. However, prices overall held the range even with the bad action. It is still posible that a seasonal low is being made, but there remain few reasons to expect a big bull market to begin in the [...]

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Morning Grains 12/16/14

On December 16, 2014 - 10:57 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 157,394 lots, or 6.88 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,633 4,640 4,618 4,622 4,639 4,624 -15 24,054 124,854 Mar-15 4,327 4,335 4,327 4,335 4,382 4,331 -51 4 134 May-15 4,350 4,357 4,311 4,322 4,364 [...]

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Morning Softs 12/16/14

On December 16, 2014 - 10:05 AM By

COTTON General Comments: Prices continue to trade in a sideways fashion, but is starting to show signs that a seasonal bottom has been found. Nearby months closed slightly higher, but deferred months closed a little lower. Trading ranges were narrow, and the market seems to be in a holiday mood already. Better US economic data [...]

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Morning Grains 12/15/14

On December 15, 2014 - 12:29 PM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 94,502 lots, or 4.18 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,635 4,649 4,624 4,640 4,624 4,639 15 21,430 132,848 Mar-15 – – – 4,382 4,384 4,382 -2 0 136 May-15 4,361 4,375 4,350 4,361 4,371 [...]

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Morning Softs 12/15/14

On December 15, 2014 - 12:26 PM By

DJ U.S. Total Prevented Acreage Data – Dec 15 U.S. acreage data for select crops reported as planted, failed and prevented by farmers to the Farm Service Agency. Prevented acres is land not planted due to poor conditions. Failed acres is land farmers planted and abandoned. Farmers participating in various FSA programs are required to [...]

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Morning Grains 12/12/14

On December 12, 2014 - 10:24 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 113,938 lots, or 5.08 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,639 4,639 4,613 4,636 4,639 4,624 -15 38,728 141,564 Mar-15 4,382 4,394 4,376 4,376 4,383 4,384 1 8 136 May-15 4,371 4,387 4,358 4,364 4,367 [...]

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Morning Softs 12/12/14

On December 12, 2014 - 10:19 AM By

COTTON General Comments: Prices closed higher on positive economic data from the US government and better than expected export sales. USDA cut its estimate for domestic Cotton production in its updates on Wednesday. The production losses were mostly in Texas. But, the world data showed less demand from important importers and higher ending stocks. The [...]

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Morning Grains 12/11/14

On December 11, 2014 - 10:34 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 131,778 lots, or 5.82 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,643 4,651 4,625 4,632 4,639 4,639 0 25,364 147,938 Mar-15 4,380 4,405 4,372 4,375 4,405 4,383 -22 34 138 May-15 4,362 4,383 4,346 4,368 4,375 [...]

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Morning Softs 12/11/14

On December 11, 2014 - 10:30 AM By

COTTON General Comments: Prices closed lower in reaction to the USDA reports. USDA cut its estimate for domestic Cotton production and that supported a rally attempt. The production losses were mostly in Texas. But, the world data showed less demand from important importers and higher ending stocks, and that pushed the price back into negative [...]

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