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 01/18/2022
DJ CBOT Delivery Intentions: Totals – Jan 18
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL January Jan 19, 2022 15 Jan 14, 2022
ROUGH RICE January Jan 19, 2022 158 Jan 14, 2022
SOYBEAN January Jan 19, 2022 38 Jan 14, 2022
DJ USDA Grain Inspections for Export in Metric Tons – Jan 18
WA_GR101
Washington, DC Tue Jan 18, 2022 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 JAN 13, 2022
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 01/13/2022 01/06/2022 01/14/2021 TO DATE TO DATE
BARLEY 0 0 2,395 10,010 23,339
CORN 1,204,188 1,022,677 934,140 15,288,456 17,498,275
FLAXSEED 0 0 24 224 485
MIXED 0 0 0 0 0
OATS 100 0 0 400 2,593
RYE 0 0 0 0 0
SORGHUM 141,850 201,482 159,495 2,072,671 2,641,216
SOYBEANS 1,720,497 985,455 2,326,710 33,447,982 43,456,421
SUNFLOWER 0 0 0 432 0
WHEAT 369,188 234,356 283,850 12,802,036 15,580,643
Total 3,435,823 2,443,970 3,706,614 63,622,211 79,202,972
————————————————————————-
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
WHEAT
General Comments: Wheat markets closed lower again last week as the weekly export sales report once again showed poor demand. The USDA reports released Wednesday showed less domestic and export demand and higher than expected ending stocks levels. The Wheat seedings report showed more than expected planted area, especially for Soft Red Winter. It remains dry in the western Great Plains with no real relief in sight. 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. Futures have been moving lower since late November because of the poor export demand and might be finding a bottom now. 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. Australian crop quality should be diminished.
Overnight News: The southern Great Plains should get mostly dry conditions or isolated showers. Temperatures should average above normal. Northern areas should see isolated showers. Temperatures will average above normal. The Canadian Prairies should see mostly dry conditions. Temperatures should average above normal.
Chart Analysis: Trends in Chicago are mixed to down with objectives of 711 and 709 March. Support is at 736, 714, and 697 March, with resistance at 748, 758, and 771 March. Trends in Kansas City are down with objectives of 720 and 682 March. Support is at 732, 724, and 712 March, with resistance at 760, 777, and 793 March. Trends in Minneapolis are down with objectives of 871 March. Support is at 871, 851, and 845 March, and resistance is at 9895, 906, and 915 March.
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 455,595
: Positions :
: 36,380 81,557 136,671 73,550 151,942 176,664 43,376 423,265 413,546: 32,329 42,049
: Changes from: January 4, 2022 (Change in open interest: 16,109) :
: -6,983 2,125 10,309 5,382 4,662 8,272 -387 16,981 16,709: -871 -600
: Percent of Open Interest Represented by Each Category of Trader :
: 8.0 17.9 30.0 16.1 33.4 38.8 9.5 92.9 90.8: 7.1 9.2
: Total Traders: 354 Number of Traders in Each Category :
: 89 87 127 83 106 47 27 286 292:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 242,770
: Positions :
: 51,305 34,134 54,131 43,136 117,321 67,527 14,304 216,099 219,891: 26,671 22,879
: Changes from: January 4, 2022 (Change in open interest: -4,294) :
: -5,620 -1,306 -421 4,804 -5,518 -3,628 2,720 -4,865 -4,525: 571 230
: Percent of Open Interest Represented by Each Category of Trader :
: 21.1 14.1 22.3 17.8 48.3 27.8 5.9 89.0 90.6: 11.0 9.4
: Total Traders: 252 Number of Traders in Each Category :
: 69 44 68 67 83 35 17 203 186:
——————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of January 11, 2022
: 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 71,192 :
: Positions :
: 30,289 44,937 3,432 1,098 764 8,748 3,014 2,276 6,473 2,660 4,427 :
: Changes from: January 4, 2022 :
: -1,028 -7,047 881 190 -125 -3,940 -193 -170 -2,973 75 752 :
: Percent of Open Interest Represented by Each Category of Trader :
: 42.5 63.1 4.8 1.5 1.1 12.3 4.2 3.2 9.1 3.7 6.2 :
: Number of Traders in Each Category Total Traders: 110 :
: 50 45 5 . 4 13 5 . 16 6 12 :
—————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of January 11, 2022
: 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 13,427 :
: Positions :
: 4,499 7,736 245 1,600 35 6,515 2,700 300 1,260 462 286 :
: Changes from: January 4, 2022 :
: -2,331 -2,796 1 -400 -85 -1,240 154 -454 468 -100 -165 :
: Percent of Open Interest Represented by Each Category of Trader :
: 33.5 57.6 1.8 11.9 0.3 48.5 20.1 2.2 9.4 3.4 2.1 :
: Number of Traders in Each Category Total Traders: 23 :
: 4 13 . . . . . . . . . :
—————————————————————————————————————-
RICE:
General Comments: Rice was sharply higher on Friday but lower for the week. The USDA reports showed less production and imports and smaller ending stocks. Demand was trimmed as well, but the supply was cut more. Futures and cash market trading have been quiet until now and the cash market is still quiet but domestic mill business is around everywhere. Many producers are not interested in selling. Mills are showing more interest in the market as previously bought supplies start to run low. 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 up with objectives of 1483 March. Support is at 1451, 1443, and 1437 March and resistance is at 1483, 1488, and 1491 March.
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of January 11, 2022
: 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 7,798 :
: Positions :
: 3,822 5,993 282 0 0 1,154 467 7 601 371 173 :
: Changes from: January 4, 2022 :
: 7 68 85 0 0 -139 0 7 17 2 28 :
: Percent of Open Interest Represented by Each Category of Trader :
: 49.0 76.9 3.6 0.0 0.0 14.8 6.0 0.1 7.7 4.8 2.2 :
: Number of Traders in Each Category Total Traders: 43 :
: 12 17 . 0 0 8 . . 6 . . :
—————————————————————————————————————-
CORN AND OATS:
General Comments: Corn closed lower last week and the short term trends remain sideways. USDA showed disappointing export sales in the weekly report on Thursday and rains are on the way to help dry soils in South America. USDA on Wednesday increased US Corn production by a little bit and did not cut Argentine and Brazilian Corn production estimates as much as it could have. Demand was also trimmed on the domestic and export side, with domestic food, seed, and industrial demand cut. Ending stocks were about 1.500 billion bushels. The markets heard about potential improvement in growing conditions in South America. Support came from dry conditions continue in South America have been affecting summer Corn and Soybeans production. However, showers are now predicted for southern Brazil and the situation there should become more stable. Northern Brazil is expected to be drier to help with conditions there. Most of Argentina will stay hot and dry while Brazil gets its showers. It is also hot and dry in Paraguay and into parts of southern Brazil.
Overnight News: Unknown destinations bought 126,000 tons of US Sorghum.
Chart Analysis: Trends in Corn are mixed. Support is at 576, 572, and 567 March, and resistance is at 592, 601, and 608 March. Trends in Oats are down with objectives of 580 and 505 March. Support is at 601, 595, and 581 March, and resistance is at 622, 644, and 650 March.
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 1,861,529
: Positions :
: 319,391 79,184 375,681 464,758 1,121,874 510,870 65,297 1,670,699 1,642,036: 190,830 219,494
: Changes from: January 4, 2022 (Change in open interest: -4,162) :
: -24,252 4,532 3,578 3,948 2,828 11,236 4,490 -5,490 15,429: 1,328 -19,590
: Percent of Open Interest Represented by Each Category of Trader :
: 17.2 4.3 20.2 25.0 60.3 27.4 3.5 89.7 88.2: 10.3 11.8
: Total Traders: 830 Number of Traders in Each Category :
: 179 107 173 356 429 51 26 669 662:
——————————————————————————————————————-
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of January 11, 2022
: 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 4,122 :
: Positions :
: 1,096 1,231 150 60 0 427 0 0 306 172 37 :
: Changes from: January 4, 2022 :
: . . . . . . . . . . . :
: Percent of Open Interest Represented by Each Category of Trader :
: 26.6 29.9 3.6 1.5 0.0 10.4 0.0 0.0 7.4 4.2 0.9 :
: Number of Traders in Each Category Total Traders: 21 :
: 8 5 . . 0 4 0 0 . . . :
—————————————————————————————————————-
SOYBEANS
General Comments: Soybeans and Soybean Oil closed lower on the disappointing weekly export sales report and as rains are forecast to return to dry soils in South America starting this weekend. Soybean Meal was higher on a significant rally seen Friday that was apparently triggered by a Spanish purchase of 100,000 tons. USDA on Wednesday showed less production of Soybeans for both Brazil and Argentina than the trade had expected. USDA showed a slight increase in production in the US and also an increase in ending stocks levels, but it was the South American estimates that caught the eyes of the market. The rains so far this week mostly fell in northern Brazil with southern Brazil, much of Argentina, and Paraguay still mostly dry. Showers are now in the forecast for southern Brazil this week and in parts of Argentina. 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 and the forecasts took prices lower. Rains are expected in southern Brazil growing areas and Argentina this week.
Overnight News: Mexico bought 239,486 tons of US Soybeans.
Chart Analysis: Trends in Soybeans are mixed. Support is at 1364, 1355, and 1340 March, and resistance is at 1401, 1416, and 1420 March. Trends in Soybean Meal are mixed. Support is at 404.00, 402.00, and 398.00 March, and resistance is at 420.00 426.00, and 432.00 March. Trends in Soybean Oil are mixed. Support is at 5750, 5690, and 5630 March, with resistance at 5980, 6000, and 6040 March.
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 833,968
: Positions :
: 122,425 37,138 180,537 238,624 482,498 232,945 39,332 774,531 739,505: 59,437 94,463
: Changes from: January 4, 2022 (Change in open interest: 44,628) :
: 693 1,255 22,353 1,823 18,031 18,350 5,646 43,219 47,285: 1,409 -2,657
: Percent of Open Interest Represented by Each Category of Trader :
: 14.7 4.5 21.6 28.6 57.9 27.9 4.7 92.9 88.7: 7.1 11.3
: Total Traders: 605 Number of Traders in Each Category :
: 163 98 172 182 255 50 21 478 481:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 430,663
: Positions :
: 54,516 44,074 86,418 122,403 262,074 132,610 13,364 395,947 405,931: 34,716 24,732
: Changes from: January 4, 2022 (Change in open interest: 7,966) :
: 1,948 523 10,585 -4,420 -1,827 -2,156 -432 5,959 8,849: 2,008 -883
: Percent of Open Interest Represented by Each Category of Trader :
: 12.7 10.2 20.1 28.4 60.9 30.8 3.1 91.9 94.3: 8.1 5.7
: Total Traders: 295 Number of Traders in Each Category :
: 74 54 84 85 94 40 20 249 215:
——————————————————————————————————————-
COT — Supplemental Report – Option and Futures Combined Positions as of January 11, 2022
: 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 454,258
: Positions :
: 74,666 19,890 83,798 110,242 316,945 131,736 8,472 400,442 429,105: 53,816 25,153
: Changes from: January 4, 2022 (Change in open interest: 17,979) :
: -1,721 471 11,735 -663 5,362 6,691 -125 16,042 17,443: 1,937 537
: Percent of Open Interest Represented by Each Category of Trader :
: 16.4 4.4 18.4 24.3 69.8 29.0 1.9 88.2 94.5: 11.8 5.5
: Total Traders: 283 Number of Traders in Each Category :
: 81 40 65 94 103 37 15 240 199:
——————————————————————————————————————-
CANOLA AND PALM OIL
General Comments: Palm Oil was lower last week on what appeared to be speculative long liquidation. It was higher yesterday and moved to new contract highs. Futures were closed today. There are still poor production conditions in Malaysia and Indonesia. 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. Production conditions have been very poor and workers are not often in the fields. Canola was lower again and price trends are starting to turn down. The forecasts for rain are hurting Canola as well as Soybeans prices. 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. Chart trends are down for the daily charts and futures are at the low end of the trading range on the weekly charts after a failed move higher.
Overnight News:
Chart Analysis: Trends in Canola are down with objectives of 967.00 March. Support is at 970.00, 945.00, and 938.00 March, with resistance at 991.00, 996.00, and 1011.00 March. Trends in Palm Oil are mixed to up with objectives of 5090 and 5260 April. Support is at 4840, 4760, and 4700 April, with resistance at 4990, 5060, and 5120 April.
Disaggregated Commitments of Traders- Options and Futures Combined Positions as of January 11, 2022
: 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 186,844 :
: Positions :
: 83,563 152,930 653 5,618 474 71,937 1,936 9,953 6,836 4,482 9,892 :
: Changes from: January 4, 2022 :
: -5,027 -20 138 -528 4 2,810 -916 -1,218 -317 -1,224 635 :
: Percent of Open Interest Represented by Each Category of Trader :
: 44.7 81.8 0.3 3.0 0.3 38.5 1.0 5.3 3.7 2.4 5.3 :
: Number of Traders in Each Category Total Traders: 260 :
: 49 36 4 6 5 61 6 12 84 29 46 :
—————————————————————————————————————-
Midwest Weather Forecast: Chance of snow today and tomorrow. Temperatures should average near to nelow 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
[JS1]
DJ ICE Canada Cash Grain Close – Jan 17
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 987.90 5.00 Mar. 2022 dn 1.90
Basis: Thunder Bay 1020.20 45.00 Mar. 2022 dn 7.70
Basis: Vancouver 1050.20 75.00 Mar. 2022 up 7.70
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 China Dalian Grain Futures Closing Prices, Volume – Jan 18
Soybean No. 1
Turnover: 127,843 lots, or .75 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Mar-22 5,816 5,859 5,805 5,841 5,796 5,835 39 100,439 155,746
May-22 5,857 5,896 5,841 5,875 5,837 5,877 40 17,347 38,617
Jul-22 5,838 5,880 5,834 5,880 5,823 5,864 41 8,577 31,866
Sep-22 5,820 5,869 5,808 5,852 5,810 5,847 37 1,108 4,380
Nov-22 5,800 5,847 5,800 5,832 5,799 5,835 36 321 5,265
Jan-23 5,805 5,811 5,779 5,795 5,799 5,796 -3 51 26
Corn
Turnover: 430,313 lots, or 11.69 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Mar-22 2,684 2,694 2,679 2,685 2,686 2,686 0 54,768 207,911
May-22 2,721 2,730 2,714 2,719 2,723 2,721 -2 324,407 1,098,812
Jul-22 2,718 2,728 2,718 2,722 2,724 2,722 -2 30,368 113,574
Sep-22 2,719 2,728 2,718 2,722 2,724 2,722 -2 13,687 59,729
Nov-22 2,711 2,711 2,703 2,704 2,707 2,705 -2 6,290 21,068
Jan-23 2,670 2,700 2,670 2,685 2,707 2,682 -25 793 504
Soymeal
Turnover: 851,975 lots, or 27.07 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Mar-22 3,330 3,337 3,300 3,326 3,330 3,321 -9 52,264 248,073
May-22 3,174 3,176 3,144 3,156 3,173 3,161 -12 639,618 1,403,804
Jul-22 3,168 3,171 3,140 3,153 3,171 3,158 -13 35,077 199,738
Aug-22 3,231 3,233 3,200 3,219 3,235 3,221 -14 7,869 113,311
Sep-22 3,226 3,231 3,195 3,211 3,226 3,213 -13 86,131 259,988
Nov-22 3,193 3,199 3,171 3,185 3,192 3,186 -6 17,314 45,177
Dec-22 3,189 3,199 3,168 3,180 3,185 3,185 0 11,049 6,980
Jan-23 3,227 3,227 3,151 3,162 3,185 3,172 -13 2,653 1,593
Palm Oil
Turnover: 711,122 lots, or 65.06 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Feb-22 10,134 10,298 10,134 10,280 10,042 10,232 190 1,326 9,057
Mar-22 9,832 10,000 9,832 9,994 9,736 9,920 184 30,598 77,299
Apr-22 9,486 9,630 9,464 9,630 9,394 9,566 172 15,665 53,257
May-22 9,060 9,188 9,042 9,166 8,976 9,126 150 625,279 537,296
Jun-22 8,740 8,892 8,726 8,888 8,716 8,826 110 22,696 47,759
Jul-22 8,592 8,738 8,566 8,696 8,524 8,646 122 6,983 17,160
Aug-22 8,478 8,502 8,478 8,502 8,372 8,492 120 5 3,863
Sep-22 8,320 8,418 8,302 8,402 8,260 8,368 108 8,409 20,304
Oct-22 8,212 8,310 8,212 8,310 8,188 8,282 94 7 199
Nov-22 8,138 8,198 8,122 8,198 8,094 8,172 78 50 1,724
Dec-22 8,116 8,140 8,116 8,140 8,046 8,124 78 4 39
Jan-23 8,050 8,058 7,880 8,044 8,046 8,008 -38 100 63
Soybean Oil
Turnover: 655,992 lots, or 6.01 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Mar-22 9,412 9,512 9,412 9,502 9,400 9,470 70 37,169 92,304
May-22 9,160 9,218 9,116 9,196 9,100 9,172 72 558,625 567,132
Jul-22 8,934 9,052 8,934 9,020 8,934 8,998 64 21,315 98,631
Aug-22 8,912 8,994 8,894 8,964 8,884 8,950 66 9,121 37,050
Sep-22 8,822 8,924 8,822 8,888 8,820 8,884 64 13,614 39,235
Nov-22 8,734 8,812 8,718 8,782 8,704 8,772 68 9,438 6,509
Dec-22 8,652 8,740 8,634 8,708 8,630 8,692 62 6,593 666
Jan-23 8,716 8,716 8,620 8,692 8,630 8,644 14 117 72
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