Posts by: Jack Scoville

Morning Grains 3/27/15

On March 27, 2015 - 7:32 AM By

DJ Survey: 2015 U.S. Grain, Soybean Planting CHICAGO–The following are analysts’ estimates, in millions of acres, for U.S. grain and soybean planting, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon ET on Tuesday. U.S. Grain, Soybean Planting (million acres) Average Range USDA 2014 [...]

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Morning Softs 3/27/15

On March 27, 2015 - 7:30 AM By

COTTON General Comments: Prices were mixed in quiet trading. Another positive export sales report provided a reason to support prices. Demand in the last couple of months has been much improved from what was seen at the start of the marketing year. The focus of the market is continuing to shift to new crop production [...]

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Morning Grains 3/26/15

On March 26, 2015 - 10:16 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 328,974 lots, or 13.43 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,074 4,090 4,004 4,060 4,109 4,044 -65 219,736 187,800 Jul-15 – – – 4,104 4,104 4,104 0 0 8 Sep-15 4,135 4,163 4,122 4,152 4,172 [...]

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Morning Softs 3/26/15

On March 26, 2015 - 10:08 AM By

COTTON General Comments: Prices were lower on ideas of ample old crop supplies. The ideas gained ground due to the USDA reports that showed more Cotton being processed that last year. The total Cotton ginned last year was 16.3 million bales. Demand in the last couple of months has been much improved from what was [...]

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Morning Grains 3/25/15

On March 25, 2015 - 12:09 PM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 216,098 lots, or 8.93 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,161 4,161 4,070 4,074 4,151 4,109 -42 139,516 180,834 Jul-15 4,067 4,148 4,067 4,098 4,223 4,104 -119 6 8 Sep-15 4,203 4,212 4,143 4,145 4,195 [...]

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Morning Softs 3/25/15

On March 25, 2015 - 9:48 AM By

COTTON General Comments: Prices were mixed to a little higher. Nearby months were a little lower as the US Dollar turned a little higher Demand in the last couple of months has been much improved from what was seen at the start of the marketing year, and China has been a relatively active buyer during [...]

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Morning Grains 3/24/15

On March 24, 2015 - 11:09 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 243,610 lots, or 10.17 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,166 4,191 4,111 4,161 4,179 4,151 -28 134,338 173,996 Jul-15 – – – 4,223 4,223 4,223 0 0 8 Sep-15 4,214 4,236 4,147 4,212 4,219 [...]

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Morning Softs 3/24/15

On March 24, 2015 - 9:27 AM By

COTTON General Comments: Prices were higher as the US Dollar moved lower. Ideas are that the lower US Dollar can create new demand. The biggest buyer in the world is China, and they are trying to reduce their own huge government stockpiles, so the demand boost from the cheaper US Dollar might not be all [...]

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Morning Grains 3/23/15

On March 23, 2015 - 10:34 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 90,474 lots, or 3.80 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,175 4,197 4,160 4,164 4,168 4,179 11 55,042 174,834 Jul-15 4,223 4,223 4,223 4,223 4,216 4,223 7 2 8 Sep-15 4,206 4,232 4,200 4,210 4,205 [...]

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Morning Softs 3/23/15

On March 23, 2015 - 9:54 AM By

COTTON General Comments: Prices were mixed to lower to finish the week. It was mostly a consolidation day after the Sharp rally on Thursday due to the strong export sales report. The focus of the market is turning more and more to new crop production prospects. US producers are increasingly looking to get started on [...]

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Morning Grains 3/20/15

On March 20, 2015 - 10:07 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 112,570 lots, or 4.71 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,175 4,194 4,148 4,174 4,173 4,168 -5 74,576 166,846 Jul-15 4,218 4,226 4,207 4,211 4,228 4,216 -12 24 10 Sep-15 4,202 4,220 4,191 4,206 4,220 [...]

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Morning Softs 3/20/15

On March 20, 2015 - 10:04 AM By

COTTON General Comments: Prices traded higher in reaction to the higher tan expected export sales seen in the weekly USDA reports yesterday. The US Dollar recovered almost all the losses it had made in reaction to the FED announcements, but the currency moves did not hurt the price action in Cotton all that much. Weather [...]

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