Posts by: Jack Scoville

Morning Grains 6/30/15

On June 30, 2015 - 10:39 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 95,132 lots, or 3.98 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,035 4,217 3,893 3,971 4,055 4,075 20 80 22 Sep-15 4,173 4,188 4,130 4,136 4,178 4,153 -25 64,084 57,012 Nov-15 4,199 4,199 4,110 4,135 4,189 [...]

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Morning Softs 6/30/15

On June 30, 2015 - 10:05 AM By

COTTON General Comments: The market closed higher on what appeared to be follow through fund buying. Futures broke some important resistance areas on the daily charts late last week and short term trends are now up. The USDA reports yesterday showed slight improvement in crop condition, but profess overall remains slow. The market fears less [...]

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Morning Grains 6/29/15

On June 29, 2015 - 10:09 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 128,458 lots, or 5.41 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,098 4,098 4,018 4,020 4,106 4,055 -51 40 28 Sep-15 4,212 4,227 4,151 4,173 4,225 4,178 -47 87,582 62,754 Nov-15 4,159 4,210 4,159 4,210 4,221 [...]

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Morning Softs 6/29/15

On June 29, 2015 - 10:03 AM By

COTTON General Comments: The market closed higher on what appeared to be huge fund buying. Futures broke some important resistance areas on the daily charts late last week and short term trends are up. The market fears less planted area in the USDA reports on Tuesday. USDA should be able to show good planting progress [...]

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Morning Grains 6/26/15

On June 26, 2015 - 10:42 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 6/26/15

On June 26, 2015 - 10:37 AM By

COTTON General Comments: The market closed higher and short term trends started to turn up. The weekly export sales report was not real strong, but the economic news remains generally positive and the market fears less planted area in the USDA reports on Tuesday. Cash market offers from the current crop remain small. US weather [...]

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Morning Grains 6/24/15

On June 24, 2015 - 9:55 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 110,906 lots, or 4.72 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,285 4,310 3,980 4,189 4,145 4,174 29 26 20 Sep-15 4,252 4,262 4,208 4,226 4,265 4,230 -35 77,402 68,640 Nov-15 4,221 4,221 4,221 4,221 4,271 [...]

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Morning Softs 6/24/15

On June 24, 2015 - 9:50 AM By

COTTON General Comments: The market closed lower on the strength in the US Dollar and better tan expected USDA progress and condition reports. USDA showed that the crop progress has been catching up and that crop condition is holding despite the recent rains in the Delta and Southeast. US economic data remains generally good and [...]

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Morning Grains 6/23/15

On June 23, 2015 - 10:17 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 79,772 lots, or 3.42 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,300 4,300 4,037 4,121 4,201 4,145 -56 22 14 Sep-15 4,250 4,290 4,249 4,264 4,231 4,265 34 58,438 70,724 Nov-15 4,311 4,311 4,251 4,251 4,204 [...]

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Morning Softs 6/23/15

On June 23, 2015 - 10:13 AM By

COTTON General Comments: The market closed higher and crawled back into the recent trading range yesterday. The trade noted that speculators were very short and that the crop is delayed. USDA showed that the crop progress has been catching up and that crop condition is holding despite the recent rains in the Delta and Southeast. [...]

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Morning Softs 6/22/15

On June 22, 2015 - 9:52 AM By

COTTON General Comments: Lower prices on Friday produced an unchanged close in US futures markets for the week. Overall price action is weak. US weather is starting to improve in Cotton areas as drier weather has returned to Texas and the Delta and some showers were seen in the Southeast. Crop conditions should improve, and [...]

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Morning Grains 6/22/15

On June 22, 2015 - 9:49 AM By

DJ Informa Economics Lowers Forecast for U.S. Soybean Plantings in 2015 By Jesse Newman CHICAGO–U.S. farmers will plant a record 86.8 million soybean acres in 2015, according to projections made Friday by private forecaster Informa Economics. The figure is the highest ever for soybean acreage, up 3.7%, or 3.1 million acres, from last year, but [...]

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