About The Author

Jack Scoville

Jack Scoville is an often quoted market analyst in the grain and soft commodities sectors. You will find his commentary throughout the Reuters, Wall Street Journal, Dow Jones, Bloomberg, and Barron's publications. Contact Mr. Scoville at (312) 264-4322

U. S. EXPORT SALES AS OF JULY 29, 2021

SUMMARY – CURRENT WEEK AND MARKETING YEAR
SUMMARY OF CURRENT AND PREVIOUS WEEK’S TRANSACTIONS
FOR CURRENT MARKETING YEAR BY REPORTING CATEGORY
——————————————————————————–
: WEEK : NEW : PURCHASES : BUY-BACKS : :OUTSTANDING
COMMODITY : ENDING : SALES :FROM FOREIGN:& CANCELLA-:EXPORTS: SALES
: :1/ (+) :SELLERS2/(-):TIONS 3/(-):4/ (-) :
——————————————————————————–
: —————— 1000 METRIC TONS ——————
ALL WHEAT : 07/22 556.9 0.0 41.8 345.0 5375.3
: 07/29 335.6 0.0 27.3 387.2 5296.4

WHEAT PRODUCTS : 07/22 2.0 0.0 0.0 3.1 51.4
: 07/29 1.8 0.0 0.0 3.5 49.6

RYE : 07/22 0.0 0.0 0.0 0.0 0.0
: 07/29 0.0 0.0 0.0 0.0 0.0

OATS : 07/22 0.1 0.0 0.0 0.0 0.1
: 07/29 0.0 0.0 0.0 0.0 0.1

BARLEY : 07/22 0.0 0.0 0.1 0.4 23.0
: 07/29 0.0 0.0 0.0 0.3 22.8

CORN : 07/22 105.4 0.0 220.6 1361.0 7543.2
: 07/29 348.5 0.0 280.2 1410.7 6200.8

GRAIN SORGHUM : 07/22 2.0 0.0 0.0 69.6 643.2
: 07/29 4.0 0.0 1.3 52.8 593.2

SOYBEANS : 07/22 78.6 0.0 157.9 244.2 2808.7
: 07/29 82.5 0.0 71.1 215.6 2604.5

SOYBEAN CAKE & : 07/22 166.0 0.0 78.7 242.2 1914.8
MEAL : 07/29 161.9 0.0 26.6 188.6 1861.6

SOYBEAN OIL : 07/22 2.2 0.0 * 1.2 17.9
: 07/29 3.2 0.0 0.0 3.5 17.6

ALL RICE : 07/22 11.8 0.0 1.1 54.3 326.1
: 07/29 8.0 0.0 16.5 43.1 274.5

: —————- 1000 RUNNING BALES ——————
ALL UPLAND : 07/22 5.0 0.0 6.2 238.3 1585.8
COTTON : 07/29 25.3 0.0 8.1 229.6 1373.4

AMERICAN PIMA : 07/22 4.2 0.0 0.0 9.4 98.2
COTTON : 07/29 2.5 0.0 * 8.7 91.9

: ——————– 1000 PIECES ———————
CATTLE HIDES – : 07/22 399.1 0.0 11.7 389.7 3834.8
WHOLE : 07/29 273.7 0.0 8.5 331.7 3768.3

: —————— 1000 METRIC TONS ——————
BEEF : 07/22 24.2 0.0 1.7 19.1 234.8
: 07/29 17.0 0.0 2.1 20.4 229.4
PORK : 07/22 41.3 0.0 2.8 29.9 194.8
: 07/29 41.9 0.0 3.1 28.4 205.2

——————————————————————————–
FOOTNOTES FOR PAGES 2 & 3: DATA SHOWN MAY NOT ADD DUE TO ROUNDING.
1/ INCLUDES INCREASES RESULTING FROM NEW SALES, UPWARD CONTRACT ADJUSTMENT,
SHIFTS IN DELIVERY PERIOD FROM ONE MARKETING YEAR TO ANOTHER AND CHANGES FROM
ONE COMMODITY TO ANOTHER.
2/ NET FOREIGN PURCHASE ACTIVITY. A PURCHASE FROM A FOREIGN SELLER IS A
TRANSACTION CONTRACTING TO BUY U.S. PRODUCED COMMODITY FROM A FIRM OUTSIDE THE
U.S. — NOT INVOLVING A CANCELLATION OR BUY-BACK OF A REPORTED SALE.
3/ INCLUDES DECREASES RESULTING FROM BUY-BACK OF ALL OR PART OF A CONTRACT
BALANCE BY MUTUAL CONSENT, UNILATERAL CANCELLATION BY ONE PARTY WHICH COULD
RESULT IN A CONTRACT DISPUTE, DOWNWARD CONTRACT ADJUSTMENTS, SHIFTS IN DELIVERY
PERIOD FROM ONE MARKETING YEAR TO ANOTHER, AND CHANGES FROM ONE COMMODITY TO ANOTHER.
4/ DOES NOT INCLUDE EXPORTS FOR EXPORTER’S OWN ACCOUNT.

SUMMARY – CURRENT WEEK – NEXT MARKETING YEAR
SUMMARY AND COMPARISON OF CURRENT AND PREVIOUS WEEK’S TRANSACTIONS
FOR NEXT MARKETING YEAR BY REPORTING CATEGORY
——————————————————————————–
: WEEK : NEW : PURCHASES : BUY-BACKS : OUTSTANDING
COMMODITY : ENDING : SALES :FROM FOREIGN :& CANCELLA- : SALES
: :1/ (+) :SELLERS2/(-) :TIONS 3/(-) :
——————————————————————————–
: —————— 1000 METRIC TONS —————–
ALL WHEAT : 07/22 0.0 0.0 5.0 0.0
: 07/29 0.0 0.0 0.0 0.0
:YR AGO 5.0 0.0 0.0 5.0

BARLEY : 07/22 0.0 0.0 0.0 0.0
: 07/29 0.0 0.0 0.0 0.0
:YR AGO 0.0 0.0 0.0 0.0

CORN : 07/22 529.3 0.0 0.0 16656.7
: 07/29 840.9 0.0 10.8 17486.9
:YR AGO 2646.0 0.0 46.5 10927.1

GRAIN SORGHUM : 07/22 0.0 0.0 0.0 1595.0
: 07/29 0.0 0.0 0.0 1595.0
:YR AGO 211.6 0.0 0.0 1195.6

SOYBEANS : 07/22 376.8 0.0 64.0 10177.7
: 07/29 424.8 0.0 0.0 10602.5
:YR AGO 1405.0 0.0 0.0 15136.2

SOYBEAN CAKE & : 07/22 73.1 0.0 0.0 1130.4
MEAL : 07/29 49.1 0.0 30.4 1149.1
:YR AGO 428.1 0.0 0.0 985.4

SOYBEAN OIL : 07/22 0.0 0.0 0.0 0.6
: 07/29 0.0 0.0 0.0 0.6
:YR AGO 11.1 0.0 0.0 32.0

AMERICAN PIMA : 07/22 0.2 0.0 0.0 5.5
COTTON : 07/29 9.1 0.0 0.0 14.6
:YR AGO 13.3 0.0 0.0 51.8
: —————– 1000 RUNNING BALES —————–
ALL UPLAND : 07/22 194.8 0.0 2.6 3164.7
COTTON : 07/29 160.7 0.0 11.4 3314.0
:YR AGO 150.1 0.0 19.4 3677.0

ALL RICE : 07/22 91.8 0.0 0.0 117.1
: 07/29 101.0 0.0 * 218.1
:YR AGO 5.2 0.0 0.0 86.5
: ——————– 1000 PIECES ———————
CATTLE HIDES – : 07/22 0.0 0.0 0.0 0.0
WHOLE : 07/29 0.0 0.0 0.0 0.0
:YR AGO 0.0 0.0 0.0 0.0
: —————— 1000 METRIC TONS ——————
BEEF : 07/22 * 0.0 0.0 1.4
: 07/29 0.1 0.0 * 1.4
:YR AGO 1.7 0.0 0.0 3.1
PORK : 07/22 0.4 0.0 0.0 0.4
: 07/29 0.0 0.0 * 0.4
:YR AGO 0.0 0.0 0.0 1.0
——————————————————————————–

DJ U.S. June Grain Imports-August 5
In kilograms, from the U.S. Commerce Department, converted to
pounds by Dow Jones.
—-Jun 2021—- —-May 2021—-
kilograms pounds kilograms pounds
durum wheat 0 0 12,291 27,102
spring wheat 4,735,348 10,441,442 3,994,184 8,807,176
winter wheat 16,030,660 35,347,605 11,208,110 24,713,883
wheat/meslin 21,449,050 47,295,155 30,223,889 66,643,675
TOTAL WHEAT 42,215,058 93,084,203 45,438,474 100,191,835
barley 382,151 842,643 2,552,182 5,627,561
oats 390,913 861,963 688,107 1,517,276
corn 34,233,485 75,484,834 41,335,809 91,145,459
other corn 3,851,995 8,493,649 4,031,652 8,889,793
TOTAL CORN 38,085,480 83,978,483 45,367,461 100,035,252

DJ U.S. Jun Soymeal, Vegetable Oils/Oilseed Imports-August 5
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Jun 2021—- —-May 2021—-
kilograms pounds kilograms pounds
coconut oil 42,071,416 92,767,472 34,103,539 75,198,303
palm kernel oil 26,827,662 59,154,995 26,178,552 57,723,707
palm oil 117,328,313 258,708,930 98,125,494 216,366,714
soybean 194,217,477 428,249,537 43,869,524 96,732,300
soymeal 0 0 0 0
soyoil 11,859,074 26,149,258 7,517,274 16,575,589
rapeseed oil
edible 163,551,340 360,630,705 168,443,214 371,417,287
rapeseed oil,
inedible 38,125 84,066 50,482 111,313

DJ U.S. June Grain Exports-Aug 5
In kilograms (top) and in bushels (bottom), except flour in cwt and malt
in pounds. /1 denotes includes commercial and donated. Source: U.S. Department
of Commerce.
(*)NOTE: Year ago figures reflect data reported at that time.
Data includes Exports and Re-Exports.
——- In Kilograms ——-
Jun 21 May 21 Apr 21 Jun 20
Barley 2,089,640 810,416 1,102,550 2,047,000
Corn /1 6,338,104,000 8,478,561,000 8,499,404,000 5,035,249,000
Sorghum 195,742,000 630,646,000 1,024,366,000 576,822,000
Oats 5,152,551 4,271,300 6,264,150 1,926,717
Rye 989,341 619,747 102,005 885,579
Wheat /1 2,001,326,320 2,391,488,942 2,615,264,074 2,283,170,928
wheat flour /1 19,659,704 21,565,238 23,421,703 23,776,786
Malt 31,048,358 41,178,703 35,895,849 18,055,175
——- In Bushels, CWT or Pounds ——-
Jun 21 May 21 Apr 21 Jun 20
Barley 95,975 37,222 50,639 94,017
Corn /1 249,517,572 333,782,777 334,603,321 198,226,963
Sorghum 7,705,943 24,827,182 40,327,094 22,708,246
Oats 354,979 294,266 431,561 132,739
Rye 38,948 24,398 4,016 34,863
Wheat /1 73,535,399 87,871,275 96,093,519 83,891,310
wheat flour /1 433,422 475,432 516,360 524,188
Malt 68,449,924 90,783,516 79,136,814 39,804,854
1/Includes commercial and donated.

DJ U.S. June Oilseed, Meal, Oils/Fats Exports-Aug 5
In kilograms (top). Oils in pounds, soybeans in bushels, meal and hulls in
short tons (bottom). Source: U.S. Department of Commerce.
(*)NOTE: Year ago figures reflect data reported at that time.
Data includes Exports and Re-Exports.
——- In Kilograms ——-
Jun 21 May 21 Apr 21 Jun 20
soybeans 927,191,592 1,268,410,123 1,386,274,262 1,799,783,106
soyoil 41,730,624 32,661,807 59,774,837 76,056,294
crude 33,810,628 24,502,313 50,336,093 64,082,208
refined 132,145 143,090 125,898 46,033
other/1 7,440,314 7,693,591 8,840,033 11,542,108
hydrogenated 347,537 322,813 472,813 385,945
cottonseed oil 2,807,040 3,184,454 3,085,608 2,460,270
crude 23,149 541,815 833,763 5,059
refined 1,642,074 1,267,077 1,041,699 1,078,630
other/1 739,114 1,272,053 1,210,146 1,376,581
hydrogenated 402,703 103,509 0 0
sunseeds 67,180 343,541 67,020 102,264
sunseed oil 5,315,890 5,347,669 4,584,933 3,197,273
rapeseed 11,456,279 3,958,278 10,372,703 7,979,912
rapeseed oil 10,664,463 11,623,684 12,340,223 14,442,004
crude 3,988,643 5,485,495 5,213,297 8,717,839
refined 6,675,820 6,138,189 7,126,926 5,724,165
linseed meal 126,738 259,840 166,858 69,199
cottonseed meal 5,848,275 4,239,266 3,829,086 8,604,008
soymeal 652,458,184 722,667,723 754,644,230 823,935,074
soymeal/flour 170,526,807 209,194,319 179,797,768 237,186,756
soymeal hulls 9,601,000 21,423,000 25,606,000 10,583,000
lard 1,944,580 11,328,991 2,216,412 1,088,778
edible tallow 8,726,631 11,635,071 13,488,847 9,107,179
inedible tallow 11,785,695 12,605,472 14,642,525 17,423,721
ch white grease 0 0 0 77,792
——- In Bushels, Pounds or Short Tons ——-
Jun 21 May 21 Apr 21 Jun 20
soybeans 34,068,109 46,605,616 50,936,337 66,130,030
soyoil 92,000,293 72,006,971 131,780,980 167,675,455
crude 74,539,688 54,018,363 110,972,108 141,277,110
refined 291,330 315,460 277,558 101,485
other/1 16,403,087 16,961,468 19,488,940 25,445,997
hydrogenated 766,188 711,681 1,042,374 850,863
cottonseed oil 6,188,465 7,020,521 6,802,602 5,423,968
crude 51,035 1,194,498 1,838,133 11,153
refined 3,620,154 2,793,427 2,296,554 2,377,973
other/1 1,629,468 2,804,397 2,667,916 3,034,842
hydrogenated 887,808 228,198 0 0
sunseeds 148,107 757,378 147,754 225,454
sunseed oil 11,719,533 11,789,594 10,108,049 7,048,782
rapeseed 25,256,776 8,726,511 22,867,900 17,592,698
rapeseed oil 23,511,120 25,625,841 27,205,539 31,839,174
crude 8,793,454 12,093,448 11,493,354 19,219,548
refined 14,717,666 13,532,393 15,712,185 12,619,626
linseed meal 140 286 184 76
cottonseed meal 6,447 4,673 4,221 9,484
soymeal 719,205 796,597 831,844 908,224
soymeal flour/me 187,972 230,595 198,191 261,451
soymeal hulls 10,583 23,615 28,225 11,666
lard 4,287,066 24,976,154 4,886,353 2,400,345
edible tallow 19,238,931 25,650,945 29,737,822 20,077,896
inedible tallow 25,983,014 27,790,313 32,281,247 38,412,736
ch white grease 0 0 0 171,502

WHEAT
General Comments: Wheat closed lower in reversal type trading as the weather market continued and this time featured dry weather in southern Russia. Trends in Winter Wheat markets are still up. Only HRW had any higher closes yesterday as SRW and Minneapolis closed lower. Crop size estimates in Russia have been reduced and are now well below the latest USDA estimates. It is still forecast to be hot and dry in the Great Plains and Canadian Prairies for the next couple of weeks and Minneapolis remains in a trading range. The market is hearing about too wet weather in China and Europe and dry conditions in southern Russia and Kazakhstan. Europe is expecting top yields as are parts of eastern Europe and northern Russia. It has been very cold in South America and the winter crops are in trouble in Brazil and Paraguay. US White Winter Wheat production is also being hurt by hot and dry weather but a few showers are possible in the region this week. World prices might have bottomed and should start to move higher, supporting Wheat futures markets in the US.
Overnight News: The southern Great Plains should get scattered showers. Temperatures should be near to below
normal. Northern areas should see mostly isolated showers. Temperatures will be above normal. The Canadian Prairies should see isolated showers. Temperatures should average above normal.
Chart Analysis: Trends in Chicago are mixed. Support is at 711, 695, and 690 September, with resistance at 739, 749, and 767 September. Trends in Kansas City are mixed. Support is at 678, 658, and 649 September, with resistance at 719, 724, and 745 September. Trends in Minneapolis are mixed. Support is at 899, 888, and 879 September, and resistance is at 928, 945, and 954 September.

RICE:
General Comments: Rice closed lower for one more day as the harvest is underway. Traders anticipate weaker production. The harvest gets started in Texas and southern Louisiana but the harvest is coming now. Both areas have been wet and cloudy and average at best yields are expected. Initial reports from Texas suggest that average yields are very optimistic. There have also been some quality problems reported in Texas with smut the major problem. The harvest pace is expected to be slow due to ongoing showers in both regions. Ideas of average yields at best are also heard in Arkansas and Mississippi. The market expects smaller production this year due to reduced planted area and some weather extremes seen through the growing season to date. Growing conditions have been mixed at best with many areas getting too much rain. Rice areas have generally been wet. Export demand has been disappointing and Asian prices are trending sideways to lower.
Overnight News: The Delta should get isolated showers. Temperatures should be near to below normal.
Chart Analysis: Trends are down with objectives of 1308, 1304, and 1269 September. Support is at 1310, 1298, and 1293 September, with resistance at 1340, 1348, and 1360 September.

CORN AND OATS:
General Comments: Corn was lower yesterday on some forecasts for improved weather, especially in the eastern belt, and continuing concerns about demand The shipments seen this week were strong, but the weekly export sales reports have not been strong. Some think that export demand should return to the market soon.. The growing conditions in the US are highly variable and not likely to produce trend line or record yields. It is still too dry in many areas of the west and drier weather is expected in the east. It should stay hot in the west and cool in the east. Ideas are that Brazil Corn production will be less than 90 million tons so reduced production estimates are expected in coming reports. Oats were a little lower with the other ag markets and despite the uncertain weather in the northern Great Plains and Canadian Prairies. Canadian Oats areas and those in the northern Great Plains remain too hot and dry. Longer range forecasts released by NWS call for warmer and drier weather for many important US growing areas this Summer.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 540, 537, and 535 September, and resistance is at 564, 568, and 572 September. Trends in Oats are down with objectives of 424 September. Support is at 440, 436, and 424 September, and resistance is at 450, 464, and 470 September.

SOYBEANS
General Comments: Soybeans and the products were higher in recovery trading and despite more forecasts for good production and improved weather along with worries about weaker than expected demand. Chart trends remain down. US weather is still a feature in the market as it remains hot in the west and is dry in just about all areas now. Eastern Midwest areas should be cooler. Soybeans conditions in central production area started the year too wet and have suffered. Minnesota and northern Iowa and the Dakotas have been very hot and dry but western Iowa got very beneficial rain over the weekend. Forecasts call for warmer weather this week in the western Midwest and northern Great Plains but cooler than normal in the eastern Midwest, and it should generally be dry. The longer range forecasts from NWS call for warmer and drier than normal conditions for most Soybeans areas of the US.
Overnight News: Unknown destinations bought 300,000 tons of US Soybeans yesterday.
Chart Analysis: Trends in Soybeans are down with objectives of 1287 and 1232 September. Support is at 1313, 1308, and 1296 September, and resistance is at 1337, 1351, and 1358 September. Trends in Soybean Meal are mixed. Support is at 347.00, 342.00, and 339.00 September, and resistance is at 360.00, 365.00, and 371.00 September. Trends in Soybean Oil mixed. Support is at 6160, 6090, and 5940 September, with resistance at 6310, 6390, and 6520 September.

CANOLA AND PALM OIL
General Comments: Palm Oil closed a little lower today on ideas of weakening Indian demand. Production has also been down to more than offset the export losses so prices have trended higher. Canola closed higher again yesterday in correction trading. Production ideas are down due to the extreme weather seen in the Canadian Prairies and northern US Great Plains. It remains generally dry and warm in the Prairies. Some showers in the last week have a chance to be very beneficial as the Prairies crops are in big trouble now due to previous hot and dry weather.
Overnight News:
Chart Analysis: Trends in Canola are mixed. Support is at 859.00, 823.00, and 807.00 November, with resistance at 906.00, 932.00, and 949.00 November. Trends in Palm Oil are down with objectives of 3965 October. Support is at 4190, 4090, and 4000 October, with resistance at 4370, 4480, and 4500 October.

Midwest Weather Forecast: Isolated showers north and west, showers and storms south and east. Temperatures should average near normal.

US Gulf Cash Basis
Corn HRW SRW Soybeans Soybean Meal Soybean Oil
June July May May May
July July July July
Augustg July July July

DJ ICE Canada Cash Grain Close – Aug 4
WINNIPEG — The following are the closing cash canola prices
from ICE Futures.
Source: ICE Futures
1 Canada NCC Best Bid
Price Basis Contract Change
CANOLA
*Par Region 880.10 25.00 Nov. 2021 dn 36.90
Basis: Thunder Bay 922.80 50.00 Nov. 2021 up 17.70
Basis: Vancouver 952.80 80.00 Nov. 2021 up 17.70
All prices in Canadian dollars per metric tonne.
*Quote for previous day
Source: Commodity News Service Canada (news@marketsfarm.com,
or 204-414-9084

DJ Malaysian PM Cash Market Prices for Palm Oil – Aug 5
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Thursday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1140.00 -17.50 Unquoted – –
Sept 1127.50 -10.00 Unquoted – –
Oct/Nov/Dec 1025.00 -10.00 Unquoted – –
Jan/Feb/Mar 965.00 -12.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1142.50 -17.50 Unquoted – –
Sept 1130.00 -10.00 Unquoted – –
Oct/Nov/Dec 1027.50 -10.00 Unquoted – –
Jan/Feb/Mar 967.50 -12.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1100.00 00.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Aug 1035.00 -05.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 4,570.00 -60.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 313.00 -01.00 Unquoted – –
($1=MYR4.215)

DJ China Dalian Grain Futures Closing Prices, Volume – Aug 05
Soybean No. 1
Turnover: 189,288 lots, or 11.07 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-21 5,837 5,866 5,795 5,821 5,794 5,828 34 99,779 38,875
Nov-21 5,898 5,898 5,824 5,851 5,830 5,862 32 49,532 103,078
Jan-22 5,884 5,900 5,833 5,855 5,840 5,868 28 20,401 30,580
Mar-22 5,884 5,899 5,831 5,870 5,843 5,867 24 13,957 14,236
May-22 5,910 5,925 5,865 5,885 5,880 5,896 16 424 1,417
Jul-22 5,906 5,922 5,859 5,890 5,871 5,890 19 5,195 3,283
Corn
Turnover: 665,168 lots, or 17.32 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-21 2,617 2,627 2,606 2,616 2,598 2,617 19 412,409 424,234
Nov-21 2,583 2,590 2,568 2,574 2,579 2,578 -1 58,405 253,567
Jan-22 2,587 2,595 2,568 2,576 2,583 2,578 -5 139,651 323,499
Mar-22 2,594 2,601 2,576 2,586 2,591 2,587 -4 44,790 60,585
May-22 2,624 2,629 2,610 2,613 2,622 2,618 -4 3,071 18,294
Jul-22 2,636 2,638 2,622 2,626 2,634 2,630 -4 6,842 4,260
Soymeal
Turnover: 1,321,847 lots, or 4.68 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Aug-21 – – – 3,625 3,625 3,625 0 0 597
Sep-21 3,581 3,596 3,556 3,558 3,587 3,577 -10 644,865 703,427
Nov-21 3,591 3,603 3,563 3,567 3,602 3,586 -16 47,181 77,754
Dec-21 3,564 3,584 3,529 3,575 3,566 3,556 -10 30,670 66,981
Jan-22 3,523 3,540 3,513 3,516 3,539 3,525 -14 480,381 792,108
Mar-22 3,382 3,389 3,365 3,366 3,392 3,376 -16 54,803 297,479
May-22 3,318 3,321 3,298 3,301 3,319 3,309 -10 46,477 156,698
Jul-22 3,314 3,324 3,296 3,301 3,321 3,308 -13 17,470 44,347
Palm Oil
Turnover: 996,483 lots, or 82.34 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Aug-21 – – – 9,612 9,612 9,612 0 0 0
Sep-21 8,400 8,522 8,352 8,426 8,264 8,430 166 740,129 317,024
Oct-21 8,128 8,254 8,104 8,202 7,986 8,174 188 20,825 62,675
Nov-21 7,910 8,056 7,910 7,994 7,818 7,976 158 12,566 62,149
Dec-21 7,790 7,910 7,780 7,848 7,674 7,838 164 34,072 65,743
Jan-22 7,700 7,784 7,668 7,726 7,584 7,726 142 162,140 157,292
Feb-22 7,606 7,700 7,586 7,652 7,480 7,642 162 12,846 10,520
Mar-22 7,556 7,628 7,512 7,570 7,434 7,570 136 6,642 7,479
Apr-22 7,474 7,540 7,434 7,492 7,356 7,486 130 6,501 6,113
May-22 7,412 7,448 7,356 7,404 7,298 7,402 104 754 6,003
Jun-22 7,308 7,308 7,270 7,272 7,240 7,276 36 6 29
Jul-22 7,250 7,250 7,250 7,250 7,220 7,250 30 2 54
Soybean Oil
Turnover: 942,042 lots, or 82.47 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Aug-21 – – – 8,998 8,998 8,998 0 0 26
Sep-21 8,810 8,886 8,788 8,868 8,670 8,840 170 660,970 269,785
Nov-21 8,702 8,790 8,690 8,772 8,564 8,736 172 29,447 83,439
Dec-21 8,618 8,710 8,618 8,692 8,502 8,670 168 16,114 82,296
Jan-22 8,516 8,590 8,504 8,558 8,414 8,550 136 200,826 224,383
Mar-22 8,370 8,442 8,356 8,400 8,260 8,398 138 23,954 43,036
May-22 8,182 8,252 8,170 8,220 8,090 8,214 124 2,481 8,502
Jul-22 8,144 8,192 8,118 8,168 8,034 8,150 116 8,250 6,921
Notes:
1) Unit is Chinese yuan a metric ton;
2) Ch. is day’s settlement minus previous settlement;
3) Volume and open interest are in lots;
4) One lot is equivalent to 10 metric tons.

Questions? Ask Jack Scoville today at 312-264-4322