Posts by: Jack Scoville

Morning Grains 9/30/14

On September 30, 2014 - 10:26 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 214,324 lots, or 9.86 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 – – – 4,549 4,598 4,549 -49 0 20 Jan-15 4,610 4,616 4,567 4,574 4,600 4,589 -11 155,444 330,918 Mar-15 – – – 4,612 4,623 [...]

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Morning Softs 9/30/14

On September 30, 2014 - 10:05 AM By

COTTON General Comments: Futures closed lower on ideas of good production under good conditions to finish the crop in all production areas of the US and uncertain demand. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are [...]

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Morning Grains 9/29/14

On September 29, 2014 - 10:31 AM By

DJ Survey: Sept. 1 US Grain, Soybean Stockpiles Estimates CHICAGO–The following are analysts’ estimates in millions of bushels for Sept. 1 quarterly U.S. grain and soybean stockpiles, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon EDT on Tuesday. U.S. Stockpiles on Sept. 1, [...]

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Morning Softs 9/29/14

On September 29, 2014 - 10:28 AM By

COTTON General Comments: Futures closed higher on some short covering to end the week. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China is now shifting [...]

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Morning Grains 9/26/14

On September 26, 2014 - 10:34 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 382,164 lots, or 17.55 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,516 4,580 4,516 4,580 4,536 4,555 19 24 18 Jan-15 4,565 4,622 4,553 4,592 4,578 4,582 4 318,316 381,754 Mar-15 – – – 4,568 4,568 [...]

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Morning Softs 9/26/14

On September 26, 2014 - 10:21 AM By

COTTON General Comments: Futures closed a little lower as the export sales report was stronger than anticipated. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China [...]

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Morning Grains 9/25/14

On September 25, 2014 - 9:54 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 331,116 lots, or 15.19 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,536 4,549 4,530 4,549 4,550 4,536 -14 44 24 Jan-15 4,554 4,604 4,552 4,579 4,546 4,578 32 278,708 383,828 Mar-15 – – – 4,568 4,551 [...]

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Morning Softs 9/25/14

On September 25, 2014 - 9:19 AM By

COTTON General Comments: Futures closed lower as China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China is now shifting to a target Price and will compensate [...]

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Morning Grains 9/24/14

On September 24, 2014 - 11:26 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 376,668 lots, or 17.17 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,543 4,629 4,520 4,536 4,558 4,550 -8 46 58 Jan-15 4,530 4,576 4,508 4,543 4,532 4,546 14 311,020 397,468 Mar-15 – – – 4,551 4,549 [...]

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Morning Softs 9/24/14

On September 24, 2014 - 10:00 AM By

COTTON General Comments: Futures closed a little higher in recovery trading. October was sharply lower as that month went into deliveries. Three Contracts were delivered on after the close. Support came from better tan expected Chinese economic data, but the better data does not imply that China will be a huge importer this year as [...]

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Morning Grains 9/23/14

On September 23, 2014 - 10:27 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 425,710 lots, or 19.34 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,658 4,658 4,541 4,552 4,561 4,558 -3 34 52 Jan-15 4,535 4,550 4,503 4,520 4,550 4,532 -18 357,652 387,130 Mar-15 4,530 4,567 4,530 4,541 4,560 [...]

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Morning Softs 9/23/14

On September 23, 2014 - 10:14 AM By

COTTON General Comments: Futures closed lower in response to ideas that demand can stay poor. The concerns over Chinese demand came back, as China is now shifting to a target Price and will compensate farmers with cash if the target price is not hit. The move could cut import demand and will reduce the need [...]

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