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
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Grains Report 01/04/2022
DJ CBOT Delivery Intentions: Totals – Jan 4
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL January Jan 05, 2022 15 Dec 29, 2021
ROUGH RICE January Jan 05, 2022 100 Dec 31, 2021
SOYBEAN January Jan 05, 2022 563 Jan 03, 2022
DJ USDA Grain Inspections for Export in Metric Tons – Jan 3
WA_GR101
Washington, DC Mon Jan 03, 2021 USDA Market News
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT. NO
ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING DEC 30, 2021
— METRIC TONS —
————————————————————————
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 12/30/2021 12/23/2021 12/31/2020 TO DATE TO DATE
BARLEY 0 0 0 10,010 20,944
CORN 596,092 954,488 1,089,440 12,898,120 15,218,768
FLAXSEED 0 0 0 224 461
MIXED 0 0 0 0 0
OATS 0 0 0 300 2,593
RYE 0 0 0 0 0
SORGHUM 1,879 175,385 156,802 1,729,267 2,348,260
SOYBEANS 1,191,739 1,732,291 1,764,078 30,301,724 39,220,494
SUNFLOWER 0 0 0 432 0
WHEAT 141,816 291,207 475,901 12,086,652 15,015,437
Total 1,931,526 3,153,371 3,486,221 57,026,729 71,826,957
———————————————————————–
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
INCLUDES WATERWAY SHIPMENTS TO CANADA
WHEAT
General Comments: Wheat markets closed lower yesterday as demand remains disappointing. Ideas had been that the US will have good demand for Wheat as the rest of the northern hemisphere is short production this year but so far demand has been average or less against previous years. Offer volumes are down in Europe. Dry weather in southern Russia as well as the US Great Plains and Canadian Prairies caused a lot less production. The lack of production has reduced the offers and Russia has announced sales quotas for next year. Russia has already increased export taxes to control the flow of export Wheat out of the country and announced a few weeks ago that a quota of 8 million tons per month would be put on Wheat exports for the foreseeable future. Australia has had too much rain and the crop quality should be diminished.
Overnight News: The southern Great Plains should get mostly dry conditions or isolated showers. Temperatures should average below normal. Northern areas should see isolated showers. Temperatures will average below normal. The Canadian Prairies should see mostly dry conditions. Temperatures should average below normal.
Chart Analysis: Trends in Chicago are down with objectives of 751, 711, and 709 March. Support is at 751, 741, and 736 March, with resistance at 776, 793, and 808 March. Trends in Kansas City are down with objectives of 777, 759, and 749 March. Support is at 779, 770, and 755 March, with resistance at 811, 829, and 850 March. Trends in Minneapolis are down with objectives of 946 and 871 March. Support is at 960, 952, and 945 March, and resistance is at 1001, 1012, and 10323 March.
DJ US Winter Wheat Condition Ratings Down — Market Talk
0925 ET – A drop in crop quality of US winter wheat is being seen due to adverse weather, according to USDA data. 33% of the Kansas winter wheat crop is in good to excellent condition as of January 2, down from 62% in late November. In Oklahoma, 20% of the state’s wheat was rated good to excellent, down from 48% in late November–and ratings are down in Nebraska and Colorado as well. The slide is providing support for CBOT wheat futures, with the most-active contract up 0.9% in pre-market trading Tuesday. (kirk.maltais@wsj.com; @kirkmaltais)
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
WHEAT-SRW – CHICAGO BOARD OF TRADE
CFTC Code #001602 Open Interest is 433,728
: Positions :
: 46,271 76,769 123,398 65,889 150,112 165,201 43,787 400,759 394,066: 32,969 39,661
: :
: Changes from: December 21, 2021 (Change in open interest: -11,061) :
: -1,889 534 -11,024 -185 2,128 2,185 -2,667 -10,912 -11,028: -149 -33
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 10.7 17.7 28.5 15.2 34.6 38.1 10.1 92.4 90.9: 7.6 9.1
: :
: Total Traders: 343 Number of Traders in Each Category :
: 87 87 122 73 102 46 26 275 277:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
WHEAT-HRW – CHICAGO BOARD OF TRADE
CFTC Code #001612 Open Interest is 244,520
: Positions :
: 62,273 32,622 49,882 35,183 127,921 72,625 10,913 219,963 221,337: 24,556 23,182
: :
: Changes from: December 21, 2021 (Change in open interest: -3,024) :
: -34 82 -2,500 -3,220 -783 3,522 -769 -2,231 -3,969: -793 945
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 25.5 13.3 20.4 14.4 52.3 29.7 4.5 90.0 90.5: 10.0 9.5
: :
: Total Traders: 256 Number of Traders in Each Category :
: 68 42 65 65 87 37 16 201 184:
——————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
WHEAT-HRSpring – MINNEAPOLIS GRAIN EXCHANGE (CONTRACTS OF 5,000 BUSHELS) :
CFTC Code #001626 Open Interest is 77,597 :
: Positions :
: 29,440 53,612 2,035 908 756 14,463 2,433 2,719 9,743 2,703 4,018 :
: :
: Changes from: December 21, 2021 :
: 530 -2,480 -43 -11 -44 -199 949 23 -698 -132 105 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 37.9 69.1 2.6 1.2 1.0 18.6 3.1 3.5 12.6 3.5 5.2 :
: :
: Number of Traders in Each Category Total Traders: 120 :
: 47 49 5 . 4 14 6 7 17 10 15 :
—————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
BLACK SEA WHEAT FINANCIAL – CHICAGO BOARD OF TRADE 50 Metric Tons :
CFTC Code #00160F Open Interest is 17,807 :
: Positions :
: 7,480 10,757 0 2,000 0 7,500 2,446 1,054 695 575 451 :
: :
: Changes from: December 21, 2021 :
: -625 -540 -311 0 -100 440 0 -175 -206 -50 0 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 42.0 60.4 0.0 11.2 0.0 42.1 13.7 5.9 3.9 3.2 2.5 :
: :
: Number of Traders in Each Category Total Traders: 23 :
: 6 13 0 . 0 4 . . . . . :
—————————————————————————————————————-
RICE:
General Comments: Rice was lower to start the new year of trading. Futures and cash market trading have been quiet for the holidays. Many producers are done harvesting and are hunting and not interested in selling. Mills have already purchased what they need for the holidays as will not show much interest in the market until the first part or the middle of next month. The cash market is reported to be relatively strong as prices have held firm despite the quiet activity.
Overnight News: The Delta should get scattered showers. Temperatures should be near to above normal.
Chart Analysis: Trends are mixed to down with no objectives. Support is at 1450, 1435, and 1427 March and resistance is at 1479, 1488, and 1491 March.
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
ROUGH RICE – CHICAGO BOARD OF TRADE (CONTRACTS OF 200,000 POUNDS) :
CFTC Code #039601 Open Interest is 7,776 :
: Positions :
: 4,572 5,070 141 0 0 808 1,150 0 505 390 318 :
: :
: Changes from: December 21, 2021 :
: -603 140 0 -100 0 41 -204 -50 82 -33 -483 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 58.8 65.2 1.8 0.0 0.0 10.4 14.8 0.0 6.5 5.0 4.1 :
: :
: Number of Traders in Each Category Total Traders: 45 :
: 14 14 . 0 0 5 6 0 5 4 4 :
—————————————————————————————————————-
\
CORN AND OATS:
General Comments: Corn closed lower again yesterday and the short term trends are turning down. A wetter weather pattern in southern Brazil was a reason for the selling. There was not been any demand news last week but demand has been good for ethanol and for export sales. Export shipments have been running behind.. Support came from ideas that the overall fundamental picture for Corn is bullish as dry conditions continue in South America have been affecting summer Corn and Soybeans production. Some showers were reported in central Argentina but northern Argentina remains hot and dry. It is also hot and dry in Paraguay and into parts of southern Brazil. Corn has relatively tight supplies as farmers are mostly done harvesting and not selling, but ideas are that farmers are delivering enough to keep the market satisfied. Interior basis levels are reported to be strong. There are a lot of ideas that production and planted and harvested area will be significantly less next year due to the lack of fertilizers available and the cost of production but so far new crop futures have not been real strong.
Overnight News:
Chart Analysis: Trends in Corn are mixed to down with objectives of 554 and 529 March. Support is at 576, 572, and 563 March, and resistance is at 603, 607, and 618 March. Trends in Oats are mixed. Support is at 675, 650, and 646 March, and resistance is at 709, 725, and 736 March.
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
CORN – CHICAGO BOARD OF TRADE
CFTC Code #002602 Open Interest is 1,843,102
: Positions :
: 354,406 71,617 358,953 459,393 1,142,707 492,178 57,944 1,664,930 1,631,220: 178,172 211,882
: :
: Changes from: December 21, 2021 (Change in open interest: 41,913) :
: 14,751 6,976 15,090 5,451 18,945 6,664 120 41,956 41,131: -43 782
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 19.2 3.9 19.5 24.9 62.0 26.7 3.1 90.3 88.5: 9.7 11.5
: :
: Total Traders: 837 Number of Traders in Each Category :
: 181 102 155 338 438 51 24 646 654:
——————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
OATS – CHICAGO BOARD OF TRADE (CONTRACTS OF 5,000 BUSHELS) :
CFTC Code #004603 Open Interest is 4,486 :
: Positions :
: 1,223 1,317 72 60 0 568 0 0 305 160 38 :
: :
: Changes from: December 21, 2021 :
: -309 -113 0 -16 0 13 0 0 8 -7 0 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 27.3 29.4 1.6 1.3 0.0 12.7 0.0 0.0 6.8 3.6 0.8 :
: :
: Number of Traders in Each Category Total Traders: 20 :
: 8 4 . . 0 5 0 0 . . . :
—————————————————————————————————————-
SOYBEANS
General Comments: Soybeans and the products traded higher The rains mostly fell in central Argentina and then in Parana with RGDS farther south and also Paraguay and northern Argentina still mostly dry. The rains are timely and will help crops in these areas. The dry weather in southern Brazil and in Paraguay and Argentina had been helping to feed the rally.. Planting and initial crop development is going very well in central and northern Brazil but it might be too wet for Soybeans in at least some of these areas as Soybeans do not like very wet soils. Reports indicate that some Corn has been lost and ideas are that Soybeans could become stressed if the dry weather continues in southern Brazil and northern Argentina. Brazil could have soybeans ready for export by the end of February and the crop potential is up to 150 million tons although many are now starting to drop production outlooks due to the hot and dry weather. Ideas are now that Brazil can produce between 135 and 145 million tons of Soybeans this year due to the losses in the south.
Overnight News:
Chart Analysis: Trends in Soybeans are mixed. Support is at 1348, 1336, and 1320 March, and resistance is at 1368, 1384, and 1396 March. Trends in Soybean Meal are mixed. Support is at 402.00, 398.00, and 396.00 March, and resistance is at 415.00 418.00, and 421.00 March. Trends in Soybean Oil are mixed. Support is at 5560, 5510, and 5430 March, with resistance at 5630, 5780, and 5860 March;
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEANS – CHICAGO BOARD OF TRADE
CFTC Code #005602 Open Interest is 767,439
: Positions :
: 116,705 35,995 154,632 231,192 456,046 206,988 29,877 709,517 676,550: 57,921 90,889
: :
: Changes from: December 21, 2021 (Change in open interest: -21,966) :
: 16,834 -6,630 -23,691 -12,308 11,396 -1,104 -2,692 -20,268 -21,617: -1,698 -349
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 15.2 4.7 20.1 30.1 59.4 27.0 3.9 92.5 88.2: 7.5 11.8
: :
: Total Traders: 557 Number of Traders in Each Category :
: 146 88 160 184 235 49 25 455 446:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEAN OIL – CHICAGO BOARD OF TRADE
CFTC Code #007601 Open Interest is 419,844
: Positions :
: 48,239 46,650 72,600 134,658 259,387 132,864 14,593 388,361 393,230: 31,483 26,614
: :
: Changes from: December 21, 2021 (Change in open interest: -36,371) :
: -167 -6,884 -20,415 -15,868 -4,259 -930 -1,355 -37,379 -32,912: 1,009 -3,459
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 11.5 11.1 17.3 32.1 61.8 31.6 3.5 92.5 93.7: 7.5 6.3
: :
: Total Traders: 302 Number of Traders in Each Category :
: 68 59 85 90 101 42 22 253 226:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of December 28, 2021
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEAN MEAL – CHICAGO BOARD OF TRADE
CFTC Code #026603 Open Interest is 430,303
: Positions :
: 68,958 17,160 69,921 113,575 306,175 124,218 9,204 376,672 402,460: 53,631 27,843
: :
: Changes from: December 21, 2021 (Change in open interest: -22,160) :
: 9,257 -1,118 -25,856 -4,508 7,358 -837 -1,698 -21,945 -21,314: -216 -846
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 16.0 4.0 16.2 26.4 71.2 28.9 2.1 87.5 93.5: 12.5 6.5
: :
: Total Traders: 285 Number of Traders in Each Category :
: 83 43 68 90 100 39 16 244 201:
——————————————————————————————————————-
CANOLA AND PALM OIL
General Comments: Palm Oil was higher yesterday and today as rains hit Malaysia over the weekend and caused floods and renewed production concerns. Traders are mostly worried about demand from India who has been buying Soybean Oil in the US instead of Palm Oil from Malaysia and Indonesia and is also worried about China and its demand for Palm Oil for bio fuels. Canola was closed for a holiday. Farmers are bullish and reluctant to sell because of the sharp reduction in Canola production in Canada this year. The buy side thinks that Canola is fully priced but the farmers are still holding out for more.
Overnight News:
Chart Analysis: Trends in Canola are mixed to up with objectives of 1040.00 and 1077.00 March. Support is at 1011.00, 996.00, and 979.00 March, with resistance at 1033.00, 1040.00, and 1046.00 March. Trends in Palm Oil are mixed to up with no objectives. Support is at 4700, 4650, and 4600 March, with resistance at 4900, 4990, and 5000 March.
DJ Malaysia Dec. 1-31 Palm Oil Exports Fall 6.9%, SGS Says
By Jacques van Wersch
Malaysia’s palm oil exports during the Dec. 1-31 period are estimated down 6.9% on month at 1.6 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said Tuesday.
The following are the major items in the SGS estimate:
(All figures in metric tons)
Dec. 1-31 Nov. 1-30
RBD Palm Olein 442,474 317,108
RBD Palm Oil 99,263 113,868
RBD Palm Stearin 115,455 145,595
Crude Palm Oil 438,713 569,651
Total* 1,564,445 1,681,059
*Palm oil product volumes don’t add up to total as some products aren’t included.
SGS Malaysia is a division of the Switzerland-based Societe Generale de Surveillance Group.
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
USD MALAYSIAN CRUDE PALM OIL – CHICAGO MERCANTILE EXCHANGE (CONTRACTS OF 25 METRIC TONS) :
CFTC Code #037021 Open Interest is 44,841 :
: Positions :
: 34,547 32,259 2,996 2,036 2,106 80 0 0 3,872 7,200 1,240 :
: :
: Changes from: December 21, 2021 :
: -200 0 160 -200 140 0 0 0 -40 120 -100 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 77.0 71.9 6.7 4.5 4.7 0.2 0.0 0.0 8.6 16.1 2.8 :
: :
: Number of Traders in Each Category Total Traders: 21 :
: 6 6 . . . . 0 0 . 6 . :
—————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 28, 2021
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
CANOLA – ICE FUTURES U.S. (20 Metric Tonnes) :
CFTC Code #135731 Open Interest is 188,974 :
: Positions :
: 92,990 152,281 178 7,153 431 67,132 3,401 10,147 6,711 6,369 7,956 :
: :
: Changes from: December 21, 2021 :
: -3,327 -4,020 -78 -202 -146 487 876 394 -207 283 1,114 :
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 49.2 80.6 0.1 3.8 0.2 35.5 1.8 5.4 3.6 3.4 4.2 :
: :
: Number of Traders in Each Category Total Traders: 269 :
: 57 39 . 7 . 60 10 13 81 31 44 :
—————————————————————————————————————-
Midwest Weather Forecast: Mostly dry today, a little snow tomorrow. 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 – Dec 31
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 1026.90 -41.90 Jan. 2022 up 13.20
Basis: Thunder Bay 1062.30 50.00 Mar. 2022 dn 6.30
Basis: Vancouver 1091.30 79.00 Mar. 2022 dn 6.30
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 – January 4
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, 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
Jan 1317.50 +07.50 Unquoted – –
Feb 1287.50 +10.00 Unquoted – –
Mar 1227.50 +10.00 Unquoted – –
Apr/May/Jun 1150.00 +10.00 Unquoted – –
Jul/Aug/Sep 1077.50 +07.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jan 1320.00 +07.50 Unquoted – –
Feb 1290.00 +10.00 Unquoted – –
Mar 1230.00 +10.00 Unquoted – –
Apr/May/Jun 1152.50 +10.00 Unquoted – –
Jul/Aug/Sep 1080.00 +07.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jan 1330.00 +05.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jan 1235.00 +05.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jan 5,330.00 +50.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jan 520.00 +11.00 Unquoted – –
($1=MYR4.185)
DJ China Dalian Grain Futures Closing Prices, Volume – Jan 04
Soybean No. 1
Turnover: 251,040 lots, or 14.58 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jan-22 5,950 6,000 5,851 5,930 5,969 5,929 -40 896 2,241
Mar-22 5,865 5,868 5,652 5,847 5,870 5,798 -72 187,623 172,689
May-22 5,900 5,900 5,760 5,877 5,912 5,837 -75 42,488 38,725
Jul-22 5,850 5,871 5,463 5,853 5,895 5,813 -82 19,385 26,588
Sep-22 5,788 5,793 5,683 5,777 5,838 5,747 -91 368 826
Nov-22 5,620 5,620 5,515 5,613 5,715 5,589 -126 280 1,071
Corn
Turnover: 519,949 lots, or 13.99 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jan-22 2,650 2,650 2,595 2,618 2,605 2,618 13 3,428 9,445
Mar-22 2,646 2,668 2,635 2,662 2,637 2,659 22 53,004 253,466
May-22 2,675 2,703 2,675 2,702 2,673 2,695 22 423,438 983,130
Jul-22 2,693 2,713 2,688 2,709 2,686 2,706 20 23,326 111,134
Sep-22 2,672 2,696 2,672 2,694 2,670 2,688 18 8,646 33,638
Nov-22 2,667 2,684 2,659 2,678 2,655 2,677 22 8,107 19,542
Soymeal
Turnover: 794,634 lots, or 25.94 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jan-22 3,251 3,635 3,250 3,434 3,422 3,403 -19 133 3,101
Mar-22 3,353 3,407 3,353 3,389 3,335 3,390 55 72,213 335,541
May-22 3,220 3,263 3,218 3,250 3,192 3,247 55 625,772 1,424,194
Jul-22 3,212 3,260 3,212 3,249 3,190 3,243 53 25,519 192,339
Aug-22 3,269 3,309 3,265 3,298 3,242 3,292 50 19,213 104,906
Sep-22 3,262 3,306 3,262 3,296 3,241 3,291 50 39,192 122,592
Nov-22 3,262 3,304 3,262 3,292 3,240 3,288 48 11,356 42,430
Dec-22 3,247 3,262 3,236 3,247 3,191 3,245 54 1,236 978
Palm Oil
Turnover: 657,082 lots, or 57.11 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jan-22 9,512 9,820 9,512 9,702 9,512 9,630 118 242 3,899
Feb-22 9,470 9,614 9,462 9,552 9,372 9,526 154 19,524 55,113
Mar-22 9,306 9,384 9,224 9,324 9,120 9,302 182 18,434 53,290
Apr-22 8,902 9,072 8,900 9,008 8,794 8,986 192 7,674 36,804
May-22 8,610 8,750 8,552 8,682 8,470 8,660 190 586,409 443,279
Jun-22 8,394 8,508 8,328 8,460 8,258 8,438 180 10,670 16,769
Jul-22 8,324 8,380 8,192 8,298 8,200 8,286 86 2,502 2,787
Aug-22 8,200 8,200 7,978 8,162 7,966 8,126 160 633 4,363
Sep-22 7,896 8,066 7,862 8,026 7,830 8,002 172 10,291 15,520
Oct-22 7,904 7,966 7,848 7,962 7,764 7,930 166 29 359
Nov-22 7,750 7,908 7,750 7,908 7,750 7,852 102 674 2,093
Dec-22 – – – 7,800 7,606 7,800 194 0 465
Soybean Oil
Turnover: 681,867 lots, or 60.93 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jan-22 9,138 9,342 9,030 9,030 9,138 9,132 -6 328 1,172
Mar-22 9,158 9,266 9,122 9,166 9,094 9,190 96 31,336 124,212
May-22 8,906 8,998 8,852 8,914 8,840 8,934 94 620,773 533,897
Jul-22 8,726 8,818 8,680 8,750 8,666 8,746 80 14,041 84,073
Aug-22 8,678 8,742 8,604 8,682 8,600 8,672 72 3,317 34,313
Sep-22 8,584 8,630 8,496 8,598 8,508 8,576 68 9,678 18,061
Nov-22 8,450 8,538 8,406 8,482 8,418 8,482 64 2,013 13,140
Dec-22 8,460 8,484 8,348 8,418 8,362 8,430 68 381 384
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