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

WHEAT
General Comments: Wheat markets were sharply lower on Friday and lower for the week as the Winter Wheat harvest is underway. The harvest was 10% complete in Monday USDA data and futures should forma harvest low earlier in the harvest due to the small crop size. Yield reports have been OK in Kansas as recent rains have helped kernel size and test weight. USDA noted mostly stable conditions for the Winter Wheat crops on Monday but noted Spring Wheat planting remained far behind average. The US western Great Plains got some rainfall and the rains fell in some of the areas most in need of some precipitation. Hot and dry weather could return this week. It is turning warmer and drier farther north to give hope to Spring Wheat farmers that they can plant crops. Europe is too hot and dry and India and Pakistan are both past major heat waves and dry conditions.
Overnight News: The southern Great Plains should get mostly dry conditions. Temperatures should average above normal. Northern areas should see isolated showers or dry conditions. Temperatures will average above normal. The Canadian Prairies should see isolated showers. Temperatures should average above normal.
Chart Analysis: Trends in Chicago are mixed. Support is at 1027, 1023, and 1018 July, with resistance at 1085, 1093, and 1108 July. Trends in Kansas City are mixed. Support is at 1087, 1083, and 1068 July, with resistance at 1127, 1159, and 1163 July. Trends in Minneapolis are mixed to down with objectives of 1141 and 1083 July. Support is at 1153, 1130, and 1093 July, and resistance is at 1199, 1218, and 1227 July.

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 465,751
: Positions :
: 37,411 78,654 144,135 66,533 169,123 178,318 32,598 426,397 424,510: 39,354 41,241
: Changes from: June 7, 2022 (Change in open interest: 3,288) :
: -915 -226 -6,945 9,953 8,506 -196 2,448 1,897 3,783: 1,391 -495
: Percent of Open Interest Represented by Each Category of Trader :
: 8.0 16.9 30.9 14.3 36.3 38.3 7.0 91.6 91.1: 8.4 8.9
: Total Traders: 367 Number of Traders in Each Category :
: 85 92 126 92 122 49 25 301 302:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 202,723
: Positions :
: 25,235 19,600 43,879 40,581 106,728 69,260 6,366 178,955 176,573: 23,768 26,150
: Changes from: June 7, 2022 (Change in open interest: -2,615) :
: -256 859 -5,363 3,364 429 -1,049 -172 -3,304 -4,247: 689 1,632
: Percent of Open Interest Represented by Each Category of Trader :
: 12.4 9.7 21.6 20.0 52.6 34.2 3.1 88.3 87.1: 11.7 12.9
: Total Traders: 226 Number of Traders in Each Category :
: 52 38 57 74 82 35 15 191 165:
——————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 14, 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 73,779 :
: Positions :
: 29,598 52,978 1,718 1,421 286 14,156 965 2,260 4,648 797 4,799 :
: Changes from: June 7, 2022 :
: 441 -1,417 114 -9 56 -677 54 434 -304 -87 438 :
: Percent of Open Interest Represented by Each Category of Trader :
: 40.1 71.8 2.3 1.9 0.4 19.2 1.3 3.1 6.3 1.1 6.5 :
: Number of Traders in Each Category Total Traders: 102 :
: 45 43 6 . 4 18 4 7 12 . 11 :
—————————————————————————————————————-

RICE:
General Comments: Rice was lower Friday and near unchanged for the week after failing to take out some resistance areas on the charts earlier in the week. Trends are turning down on the charts. Growing conditions are said to be deteriorating due to hot and dry weather in Texas expanding to include Arkansas. There are still ideas of less production of US Rice this year. The emergence remains behind and acreage estimates are still down for the next crop. Some traders note that it will be difficult to move Rice at current price levels and they are worried about domestic and export demand moving forward.
Overnight News: The Delta should get mostly dry conditions. Temperatures should be above normal.
Chart Analysis: Trends are mixed to down with objectives of 1582, 1580, and 1532 July. Support is at 1608, 1603, and 1594 July and resistance is at 1641, 1661, and 1672 July.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 14, 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 10,996 :
: Positions :
: 4,729 7,331 199 0 0 1,399 577 0 726 1,224 937 :
: Changes from: June 7, 2022 :
: -188 -1,110 -4 0 0 -739 -9 0 -61 50 134 :
: Percent of Open Interest Represented by Each Category of Trader :
: 43.0 66.7 1.8 0.0 0.0 12.7 5.2 0.0 6.6 11.1 8.5 :
: Number of Traders in Each Category Total Traders: 55 :
: 16 16 . 0 0 9 . 0 10 8 4 :
—————————————————————————————————————-

CORN AND OATS:
General Comments: Corn closed higher in July on reports of a stronger US cash market and higher in new crop months on outlooks for hot and dry weather for the next month and three months. Corn has emerged under what is considered good conditions but it has turned hot in the Midwest. This will be good for a while but continued hot and dry weather could hurt yields down the road. Stress coluld start to de4velop next week if the hpt and dry weather returns as forecast. The areas left to be planted are primarily in the Dakotas and will not get planted as the insurance planting dates have passed. The risk to plant now would be much high er without the insurance and the high costs of inputs. There are also pockets of area left to be planted in the big production states. The weather was variable last week with periods of rain and very cool temperatures and then warm and dry conditions and hot and dry weather is expected this week after some rains in central areas on Monday. Many think the top end of the yield has been taken off the Corn crop due to the delayed planting but others look at the crop condition rating and expect improved yields. It already thinks there is reduced planted area because of the March planning intentions reports from USDA and the bad planting weather.
Overnight News:
Chart Analysis: Trends in Corn are mixed to up with objectives of 802, 867, and 868 July. Support is at 780, 7371, and 756 July, and resistance is at 800, 810, and 814 July. Trends in Oats are mixed Support is at 645, 632, and 625 July, and resistance is at 677, 695, and 708 July.

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 2,214,773
: Positions :
: 273,689 81,566 620,543 527,515 1,127,432 587,976 134,348 2,009,723 1,963,890: 205,049 250,883
: Changes from: June 7, 2022 (Change in open interest: -2,902) :
: 3,647 -4,030 -29,987 3,243 5,981 17,866 22,004 -5,231 -6,033: 2,329 3,131
: Percent of Open Interest Represented by Each Category of Trader :
: 12.4 3.7 28.0 23.8 50.9 26.5 6.1 90.7 88.7: 9.3 11.3
: Total Traders: 858 Number of Traders in Each Category :
: 208 94 213 396 445 54 29 738 715:
——————————————————————————————————————-

SOYBEANS
General Comments: Soybeans were lower and Soybean Meal was higher last week as hot and dry weather invades the US but Soybean Oil was lower on weakness in petroleum markets and other vegetable oils markets. US cash market is still running low on Soybeans and there are still renewed Chinese lockdowns. There is less Chinese demand for Soy products due to the lockdowns there and China is starting to renew the lockdowns now as Covid cases have risen in number. China has been a major buyer of US Soybeans this year after a very slow start due to the problems in South America. They are buying for this year and already have booked a large amount of new crop Soybeans to cover future needs. Most of the current buying is for next year.
Overnight News:
Chart Analysis: Trends in Soybeans are mixed. Support is at 1690, 1682, and 1674 July, and resistance is at 1729, 1743, and 1749 July. Trends in Soybean Meal are mixed to up with objectives of 442.00 July. Support is at 431.00, 425.00, and 419.00 July, and resistance is at 441.00 450.00, and 461.00 July. Trends in Soybean Oil are mixed to down with objectives of 7380, 7130, and 6910 July. Support is at 7280, 7000, and 6810 July, with resistance at 7660, 7860, and 7910 July.

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 971,426
: Positions :
: 121,487 43,857 238,126 289,729 537,441 262,050 63,426 911,392 882,850: 60,034 88,576
: Changes from: June 7, 2022 (Change in open interest: -7,677) :
: -11,148 -5,193 -13,485 8,615 12,123 8,308 -413 -7,709 -6,968: 32 -709
: Percent of Open Interest Represented by Each Category of Trader :
: 12.5 4.5 24.5 29.8 55.3 27.0 6.5 93.8 90.9: 6.2 9.1
: Total Traders: 619 Number of Traders in Each Category :
: 175 90 169 198 265 58 28 499 496:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 453,471
: Positions :
: 71,290 27,466 88,134 135,500 294,462 121,116 20,045 416,039 430,106: 37,431 23,364
: Changes from: June 7, 2022 (Change in open interest: -17,582) :
: -4,057 -623 -12,452 3,716 -5,287 -3,108 -209 -15,901 -18,571: -1,681 990
: Percent of Open Interest Represented by Each Category of Trader :
: 15.7 6.1 19.4 29.9 64.9 26.7 4.4 91.7 94.8: 8.3 5.2
: Total Traders: 283 Number of Traders in Each Category :
: 82 38 76 80 98 43 23 237 211:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 14, 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 435,560
: Positions :
: 55,043 17,682 91,579 109,317 287,565 124,708 12,944 380,647 409,770: 54,913 25,789
: Changes from: June 7, 2022 (Change in open interest: 5,718) :
: -2,443 1,540 2,906 3,710 1,872 -608 -2,357 3,565 3,961: 2,153 1,757
: Percent of Open Interest Represented by Each Category of Trader :
: 12.6 4.1 21.0 25.1 66.0 28.6 3.0 87.4 94.1: 12.6 5.9
: Total Traders: 272 Number of Traders in Each Category :
: 67 28 76 91 102 41 15 238 201:
——————————————————————————————————————-

CANOLA AND PALM OIL
General Comments: Palm Oil closed lower last week despite ideas of less Malaysian production due to worker shortages from Covid and on the potential for strong exports for the month from Malaysia. The market was lower again yesterday but rebounded on some speculative short covering today. The Indonesian government is now imposing a revised tax scheme on exporters to increase export sales and is allowing more export permits to be issued. Some analysts think Palm Oil is topping out anyway due to reduced demand ideas. Hopes for better demand from India keep the market supported, but Chinese demand could be less. A new Covid outbreak is reported in China and cities and infrastructure has been shut down, including some airports and water ports. The economy could slow down and affect demand. Production from Malaysia is expected to increase as well as the Covid lockdowns finally go away and as the weather is good for production. Canola was lower along with other vegetable oilseed markets. The crops are going in the ground and the growing conditions are much improved. It is reported to be very dry and has been cold for planting but better planting weather is coming now as it is now much warmer. There are ideas of reduced Sunflower export potential from Russia and Ukraine. The market is worried about South American production as well. Canada produced a very short crop of Canola last year so supplies are tight.
Overnight News:
Chart Analysis: Trends in Canola are down with objectives of 980.00 July. Support is at 1034.00, 1043.00, and 1021.00 July, with resistance at 1080.00, 1090.00, and 1102.00 July. Trends in Palm Oil are down with no objectives. Support is at 5360, 5190, and 5100 September, with resistance at 5600, 5630, and 5760 September.

DJ Malaysia June 1-20 Palm Oil Exports Fell 12.5% on Month, SGS Says
Malaysia’s palm oil exports for June 1-20 are estimated to have fallen 12.5% from the previous month to 734,231 metric tons, cargo surveyor SGS (Malaysia) said Tuesday.
The following are the major items in the SGS estimate:
(All figures in metric tons)
June 1-20 May 1-20
RBD Palm Olein 235,516 285,722
RBD Palm Oil 112,800 84,322
RBD Palm Stearin 73,735 60,992
Crude Palm Oil 58,196 168,568
Total* 734,231 838,692
*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 June 14, 2022
: 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 C – CHICAGO MERCANTILE EXCHANGE (CONTRACTS OF 25 METRIC TONS) :
CFTC Code #037021 Open Interest is 43,778 :
: Positions :
: 35,092 32,426 1,968 2,636 920 160 0 0 3,310 4,940 2,120 :
: Changes from: June 7, 2022 :
: 1,540 258 0 322 -82 0 0 0 120 760 1,200 :
: Percent of Open Interest Represented by Each Category of Trader :
: 80.2 74.1 4.5 6.0 2.1 0.4 0.0 0.0 7.6 11.3 4.8 :
: Number of Traders in Each Category Total Traders: 22 :
: 6 7 . . . . 0 0 . 4 . :
—————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 14, 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 168,235 :
: Positions :
: 101,998 127,788 1,360 3,272 631 38,504 5,565 8,892 2,629 8,015 11,860 :
: Changes from: June 7, 2022 :
: 7,501 3,452 -130 19 -6 -3,195 -650 -459 52 1,260 935 :
: Percent of Open Interest Represented by Each Category of Trader :
: 60.6 76.0 0.8 1.9 0.4 22.9 3.3 5.3 1.6 4.8 7.0 :
: Number of Traders in Each Category Total Traders: 317 :
: 46 76 . 6 . 44 17 14 50 106 47 :
—————————————————————————————————————-

Midwest Weather Forecast:: Mostly dry today. Temperatures should average above normal.

US Gulf Cash Basis

Corn HRW SRW Soybeans Soybean Meal Soybean Oil
June
105 July
175 July
58 July
140 July

July
105 July
175 July
58 July
140 July

August
107 July
170 July
60 July
130 July

DJ ICE Canada Cash Grain Close – Jan 20
Compiled by Glen Hallick, MarketsFarm
WINNIPEG — The following are the closing cash
canola prices from ICE Futures.
Source: ICE Futures
Price Basis Contract Change
CANOLA
*Par Region 1,075.30 27.50 Jul 2022 dn 22.80
Track Thunder Bay 1,057.80 37.50 Nov 2022 dn 37.50
Track Vancouver 1,077.80 115.00 Nov 2022 dn 37.50
All prices in Canadian dollars per metric tonne.
*Quote for previous day

DJ Malaysian PM Cash Market Prices for Palm Oil – June 21
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
Jul 1362.50 -25.00 Unquoted – –
Aug/Sep 1267.50 -05.00 Unquoted – –
Oct/Nov/Dec 1212.50 -20.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jul 1365.00 -25.00 Unquoted – –
Aug/Sep 1270.00 -05.00 Unquoted – –
Oct/Nov/Dec 1215.00 -20.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jul 1290.00 -10.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jul 1090.00 -10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 5300.00 -150.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 305.00 -10.00 Unquoted – –
($1=MYR4.3963)

DJ China Dalian Grain Futures Closing Prices, Volume – Jun 21
Soybean No. 1
Turnover: 152,465 lots, or 9.29 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-22 6,205 6,223 6,121 6,144 6,189 6,150 -39 15,332 15,613
Sep-22 6,177 6,178 6,069 6,079 6,156 6,104 -52 120,903 117,540
Nov-22 6,010 6,010 5,946 5,976 5,994 5,975 -19 14,784 35,130
Jan-23 5,962 5,974 5,920 5,941 5,950 5,941 -9 1,405 4,448
Mar-23 5,907 5,925 5,880 5,925 5,913 5,893 -20 16 102
May-23 5,900 5,910 5,899 5,907 5,913 5,903 -10 25 123
Corn
Turnover: 448,107 lots, or 12.98 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-22 2,853 2,859 2,830 2,846 2,853 2,844 -9 16,497 90,245
Sep-22 2,902 2,912 2,882 2,900 2,906 2,895 -11 347,350 1,272,830
Nov-22 2,916 2,917 2,891 2,910 2,917 2,903 -14 25,025 123,702
Jan-23 2,922 2,926 2,896 2,917 2,924 2,910 -14 45,818 170,980
Mar-23 2,927 2,927 2,899 2,919 2,924 2,912 -12 12,335 86,618
May-23 2,955 2,958 2,935 2,951 2,957 2,946 -11 1,082 9,312
Soymeal
Turnover: 1,202,425 lots, or 48.81 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-22 4,254 4,255 4,210 4,221 4,266 4,232 -34 8,874 18,882
Aug-22 4,238 4,238 4,171 4,193 4,253 4,201 -52 50,932 171,801
Sep-22 4,127 4,141 4,080 4,094 4,157 4,105 -52 896,923 1,244,702
Nov-22 4,052 4,062 3,998 4,003 4,081 4,022 -59 39,544 147,493
Dec-22 3,964 3,971 3,911 3,912 3,993 3,935 -58 4,689 57,278
Jan-23 3,889 3,889 3,822 3,826 3,902 3,844 -58 174,028 422,675
Mar-23 3,746 3,751 3,690 3,691 3,775 3,715 -60 14,112 31,707
May-23 3,609 3,613 3,570 3,571 3,624 3,586 -38 13,323 53,807
Palm Oil
Turnover: 1,132,155 lots, or 11.39 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-22 10,960 10,992 10,336 10,694 11,390 10,652 -738 6,394 6,529
Aug-22 10,396 10,506 9,978 10,112 10,734 10,220 -514 35,533 52,017
Sep-22 10,150 10,274 9,882 9,972 10,436 10,060 -376 980,604 348,477
Oct-22 10,096 10,210 9,834 9,908 10,368 10,018 -350 16,074 41,599
Nov-22 10,068 10,202 9,840 9,888 10,314 10,022 -292 14,252 31,549
Dec-22 10,004 10,156 9,824 9,846 10,248 9,972 -276 6,926 10,877
Jan-23 10,000 10,138 9,780 9,782 10,196 9,944 -252 70,118 77,472
Feb-23 9,900 10,062 9,796 9,870 10,114 9,954 -160 22 110
Mar-23 10,000 10,056 9,786 9,798 10,120 9,914 -206 29 145
Apr-23 9,982 10,068 9,790 9,790 10,108 9,982 -126 26 119
May-23 10,000 10,066 9,774 9,774 10,106 9,916 -190 2,168 6,975
Jun-23 9,642 10,004 9,642 9,822 10,056 9,834 -222 9 6
Soybean Oil
Turnover: 820,812 lots, or 8.95 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-22 11,432 11,432 11,084 11,088 11,508 11,196 -312 727 3,653
Aug-22 11,098 11,170 10,904 10,918 11,298 11,022 -276 12,606 70,191
Sep-22 11,002 11,074 10,800 10,806 11,218 10,924 -294 691,543 338,916
Nov-22 11,008 11,020 10,732 10,734 11,144 10,880 -264 18,287 60,789
Dec-22 10,930 10,962 10,670 10,670 11,064 10,836 -228 14,361 22,429
Jan-23 10,800 10,906 10,610 10,612 10,994 10,770 -224 67,221 94,991
Mar-23 10,650 10,702 10,432 10,442 10,768 10,576 -192 14,473 16,730
May-23 10,372 10,414 10,144 10,156 10,498 10,286 -212 1,594 10,757
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