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

DJ U.S. Feb Oilseed, Meal, Oils/Fats Exports-Apr 3
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 ——-
Feb 25 Jan 25 Dec 24 Feb 24
soybeans 3,066,210,520 5,211,688,073 7,962,499,761 5,263,967,521
soyoil 136,363,479 212,825,350 126,948,012 6,496,664
crude 108,790,276 192,347,264 104,604,318 335,265
refined 82,135 3,058,134 1,092,976 67,564
other/1 27,362,246 17,290,594 21,015,823 5,905,310
hydrogenated 128,822 129,358 234,895 188,525
cottonseed oil 1,359,897 1,658,595 727,877 661,053
crude 148,800 63,231 59,647 13,305
refined 669,790 1,094,086 506,990 170,079
other/1 541,307 501,278 109,960 116,213
hydrogenated 51,280 361,456
sunseeds 31,985 517,102 382,373 157,430
sunseed oil 4,162,930 2,584,805 2,555,727 2,674,665
rapeseed 16,526,043 33,862,909 25,886,638 11,648,143
rapeseed oil 7,048,131 8,908,523 4,756,831 4,543,827
crude 3,393,668 809,233 477,477 1,158,672
refined 3,654,463 8,099,290 4,279,354 3,385,155
linseed meal 159,135 188,233 0 52,000
cottonseed meal 4,848,200 2,970,698 4,623,432 6,199,040
soymeal 927,440,420 1,132,943,926 1,293,950,229 1,039,754,662
soymeal/flour 187,144,145 275,210,747 234,367,315 301,809,370
soymeal hulls 10,217,000 17,044,000 19,761,000 23,956,000
lard 1,138,329 761,807 1,876,686 2,037,405
edible tallow 9,015,330 5,891,612 5,598,451 4,850,594
inedible tallow 7,162,589 4,253,980 9,510,062 4,922,638
ch white grease 0 14,383 21,383 0
——- In Bushels, Pounds or Short Tons ——-
Feb 25 Jan 25 Dec 24 Feb 24
soybeans 112,662,794 191,494,790 292,568,780 193,415,712
soyoil 300,630,062 469,199,662 279,872,507 14,322,695
crude 239,841,545 424,053,202 230,613,085 739,133
refined 181,077 6,742,033 2,409,600 148,953
other/1 60,323,437 38,119,241 46,331,967 13,018,982
hydrogenated 284,004 285,186 517,855 415,627
cottonseed oil 2,998,060 3,656,577 1,604,694 1,457,373
crude 328,048 139,401 131,499 29,333
refined 1,476,634 2,412,047 1,117,722 374,960
other/1 1,193,378 1,105,129 242,420 256,206
hydrogenated 0 0 113,053 796,874
sunseeds 70,515 1,140,015 842,988 347,074
sunseed oil 9,177,691 5,698,521 5,634,415 5,896,628
rapeseed 36,433,694 74,654,948 57,070,278 25,679,764
rapeseed oil 15,538,472 19,639,935 10,487,019 10,017,426
crude 7,481,759 1,784,054 1,052,657 2,554,435
refined 8,056,713 17,855,881 9,434,362 7,462,991
linseed meal 175 207 0 57
cottonseed meal 5,344 3,275 5,096 6,833
soymeal 1,022,318 1,248,844 1,426,321 1,146,122
soymeal flour/me 206,289 303,365 258,343 332,684
soymeal hulls 11,262 18,788 21,783 26,407
lard 2,509,586 1,679,497 4,137,385 4,491,710
edible tallow 19,875,404 12,988,783 12,342,474 10,693,731
inedible tallow 15,790,808 9,378,422 20,966,101 10,852,561
ch white grease 0 31,709 47,141 0

DJ U.S. Feb Grain Exports-Apr 3
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 ——-
Feb 25 Jan 25 Dec 24 Feb 24
Barley 662,000 1,111,958 1,400,000 704,000
Corn /1 6,043,178,000 6,162,009,000 5,445,049,000 5,370,769,000
Sorghum 15,862,000 86,393,000 443,401,000 890,484,000
Oats 3,129,625 6,243,375 2,311,506 3,752,299
Rye 4,563 0 19,975 27,101
Wheat /1 1,776,540,630 1,314,078,852 1,653,111,079 1,847,777,893
wheat flour /1 23,121,828 21,073,117 19,107,017 16,946,903
Malt 29,178,343 26,898,086 18,445,078 32,096,224
——- In Bushels, CWT or Pounds ——-
Feb 25 Jan 25 Dec 24 Feb 24
Barley 30,405 51,071 64,301 32,334
Corn /1 237,906,967 242,585,089 214,359,910 211,435,666
Sorghum 624,453 3,401,107 17,455,747 35,056,447
Oats 215,612 430,130 159,248 258,510
Rye 180 0 786 1,067
Wheat /1 65,276,024 48,283,637 60,740,811 67,893,518
wheat flour /1 509,749 464,583 421,238 373,615
Malt 64,327,246 53,300,139 40,664,443 70,760,074
1/Includes commercial and donated.

DJ U.S. February Grain Imports-Apr 3
In kilograms, from the U.S. Commerce Department, converted to
pounds by Dow Jones.
—-Feb 2025—- —-Jan 2025—-
kilograms pounds kilograms pounds
durum wheat 2,001,027 4,412,265 2,035,756 4,488,842
spring wheat 1,595,986 3,519,149 2,274,562 5,015,409
winter wheat 0 0 0 0
wheat/meslin 0 0 0 0
TOTAL WHEAT 3,597,013 7,931,414 4,310,318 9,504,251
barley 9,245,821 20,387,035 8,701,802 19,187,473
oats 2,666,782 5,880,254 833,466 1,837,793
corn 29,760,027 65,620,860 50,557,972 111,480,328
other corn 1,580,293 3,484,546 1,718,507 3,789,308
TOTAL CORN 31,340,320 69,105,406 52,276,479 115,269,636

DJ U.S. Feb Soymeal, Vegetable Oils/Oilseed Imports-Apr 3
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Feb 2025—- —-Jan 2025—-
kilograms pounds kilograms pounds
coconut oil 39,543,795 87,194,068 49,216,158 108,521,628
palm kernel oil 32,149,895 70,890,518 27,142,834 59,849,949
palm oil 122,430,753 269,959,810 140,204,295 309,150,470
soybean 48,256,937 106,406,546 43,206,936 95,271,294
soymeal 0 0 0 0
soyoil 11,959,758 26,371,266 13,815,008 30,462,093
rapeseed oil
edible 142,135,567 313,408,925 201,681,833 444,708,442
rapeseed oil,
inedible 38,820 85,598 0 0

DJ U.S. Export Sales: Weekly Sales Totals-Apr 3
For the week ended Mar 27, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The marketing year for wheat and barley began Jun 1, cotton and
and rice Aug 1, corn, soybeans and sorghum Sep 1, and soymeal and
soyoil Oct 1. Source: USDA
wk’s net chg total
in commitments commitments undlvd sales
this yr next yr this yr last yr this yr next yr
wheat 340.0 95.2 21239.7 18747.7 4468.0 1067.6
hrw 181.9 10.6 5325.0 3610.6 1415.3 331.1
srw 11.2 4.1 3129.3 4361.3 565.8 195.8
hrs 58.7 61.9 6691.4 6368.4 1241.3 387.4
white 68.2 18.7 5737.8 3918.0 1161.1 129.8
durum 20.0 0.0 356.1 489.4 84.4 23.5
corn 1173.2 165.0 54233.8 43851.2 19408.5 1735.6
soybeans 410.2 3.3 46170.3 40491.6 5272.3 276.7
soymeal 93.5 0.0 11435.9 10389.1 3885.0 111.2
soyoil 13.8 9.1 925.0 83.6 264.1 9.6
upland cotton 129.1 40.0 10438.0 10889.5 4054.2 1049.2
pima cotton 8.5 0.7 382.8 271.5 106.0 1.7
sorghum 19.6 0.0 1321.6 5035.6 142.0 0.0
barley 0.1 0.0 39.9 11.8 18.7 22.8
rice 33.3 0.0 2626.3 2872.4 567.7 10.1

DJ Trump’s Tariffs Aim to Create a New World Economic Order — WSJ
By Nick Timiraos
The U.S. is moving to blow up the global trading order it built, ushering in an uncertain new era.
President Trump’s highly anticipated announcement Wednesday represents a high-stakes gamble to transform a global economic relationship that Trump for decades has said ripped off the U.S. — even as the American economy had emerged from the pandemic as the envy of its rich-world peers.
The president’s moves raise the specter of a stagflationary shock that increases prices while putting more economies, including the U.S., at risk of recession.
Trump stunned markets by announcing a suite of tariff hikes on major trading partners, including 20% for the European Union and 34% on China. The tax on imported goods, which also includes at least a 10% across-the-board increase on all countries, will raise overall weighted-average tariffs to 23% — the highest in over 100 years — from 10% before the announcement and 2.5% last year, according to JPMorgan Chase.
Economists said Trump’s policy shift, if it isn’t rolled back, could rival President Richard Nixon’s 1971 decision to overturn arrangements created by the U.S. and its wartime allies during World War II, when Washington had agreed to exchange dollars for gold at a rate of $35 an ounce.
It would mark “probably the biggest attempt to fundamentally reshape the tax-trade structure in the U.S. since Nixon took us off the gold standard in the early 1970s,” said Michael Gapen, chief U.S. economist at Morgan Stanley.
Gapen said his bank had been advising clients that markets were too complacent about the risks of bigger and broader tariffs, but Wednesday’s announcement “was more expansive than even we thought.”
The president’s mercurial and chaotic rollout of his trade plans, which already have included 20% tariffs on China, 25% tariffs on auto imports and 25% tariffs on Canadian and Mexican goods that aren’t covered by an existing trade agreement, has chilled business investment and consumer sentiment.
“They just announced a major tax hike, mostly on the corporate side, but as with most corporate taxes, they will be translated into higher prices to the consumer. And you don’t grow an economy with higher taxes,” said Steven Blitz, chief U.S. economist at GlobalData TS Lombard.
The tariff increases announced Wednesday are particularly drastic because they don’t have exemptions for the two-thirds of imports that normally come in duty-free, such as coffee, tea and bananas, which aren’t produced in significant quantities domestically, said Douglas Irwin, a trade economist and historian at Dartmouth College.
They will cover a far wider array of goods than during Trump’s 2019 trade war with China. Nike produces half of its shoes in Vietnam, which faces a 46% tariff. A web of consumer electronics makers across China, Taiwan and South Korea will face tariffs of at least 25%. The tariffs exempt oil, gas and refined products.
The tariff hikes raise the risk of a sharp hit to consumers’ inflation-adjusted incomes that could tip the U.S. economy into recession this year, said Diane Swonk, chief economist at KPMG. The suite of tariffs announced amounted to a “worst-case scenario” relative to expectations in the run-up to the announcement, she said.
Moreover, it isn’t clear how trading partners will respond, meaning uncertainty could remain elevated for some time to come. “If the goal is to get firms to relocate here, this doesn’t accomplish that, because you don’t know for sure in three to five years, by the time you build a plant, will the tariffs still be intact,” said Swonk.
The U.S. current-account deficit, a broad measure of trade and income from overseas, in 2024 reached $1.1 trillion, underscoring to Trump and his allies the need to revamp global trade.
Tariffs could bring in new revenue but at a potentially steep cost to financial markets. Lofty asset prices over the past two years have reflected investors’ bets that the U.S. economy was well positioned relative to its peers, given advances in technology and the prospect for an elusive “soft landing,” where inflation declines without a sharp increase in unemployment.
Trump inherited an economy with steady growth and a declining rate of inflation but vulnerabilities from a frozen housing sector, cooling labor market and richly valued stock market.
Trump has long regarded trade deficits as a sign of economic weakness. But in the Trump administration’s attempts to narrow those deficits, foreign countries could reduce their purchases of U.S. Treasury securities or have less surplus capital to park in American stock, real-estate and private-debt markets.
“The real pain from this event will be the breaking down of the capital flow agreement that we had with the rest of the world,” said Blitz. “This idea that you can break trade, and not break the capital flow side, is a fantasy.”
Economists at Piper Sandler estimate the tariffs announced Wednesday could raise prices and lower inflation-adjusted gross domestic product growth by 2.6 percentage points. If countries retaliate by raising tariffs on U.S. exports by 10%, that would shave an additional 0.7% from growth.
That combination of weaker or stagnant growth and higher prices puts the Federal Reserve in a very tricky spot, especially since the U.S. economy has come off of a period of elevated inflation.
At issue is how central banks should navigate a negative supply shock — for example, a surge in oil prices. Negative supply shocks limit the ability of the economy to produce goods or services. Prices suddenly rise for some producers but are offset by lower inflation-adjusted incomes that weigh on overall economic growth.
Standard monetary policy theory says if these shocks are expected to raise prices on affected goods as a one-time hit, policymakers should “look through” the shock — in other words, don’t do anything different from what you were planning to do with interest rates before the shock hit.
But that is easier in theory than in practice. Officials could be hard-pressed to declare price increases from tariffs as temporary if they set in motion a reordering of global production processes that takes years to play out.
The upshot is that Fed officials could wait to see economic activity slowing and unemployment rising before they attempt to cushion the hit to demand with lower interest rates.

WHEAT
General Comments: All three markets closed lower yesterday in response to the tariffs that President Trump was set to impose yesterday afternoon. Dry outlooks for the Great Plains and Black Sea regions are still the main feature but rains in the forecast for the Great Plains from Nebraska to the north this weekend according to one model. The other model has more general rains for all parts of the Great Plains. The coverage of the new system does not look very impressive. It is very dry in both areas although Kansas got a minimal amount of rain last week. Growing conditions are dry around the world and in the US Great Plains and Winter Wheat crops are emerging from dormancy. Overall demand has been weak so the lack of rain hurting production potential is about to be important. The trade is also worried about the potential for tariffs to be imposed in early April and the counter tariffs that would come back to US agriculture.
Overnight News:
Chart Analysis: Trends in Chicago are mixed. Support is at 524, 518, and 512 May, with resistance at 553, 563, and 575 May. Trends in Kansas City are mixed to down. Support is at 546, 542, and 536 May, with resistance at 583, 598, and 604 May. Trends in Minneapolis are down. Support is at 576, 570, and 564 May, and resistance is at 600, 610, and 626 May.

RICE:
General Comments: Rice closed lower again yesterday. There was more concern about the tariffs imposed after the close. Prices remain cheap, but could develop into a trading range, and could threaten the planted area as it will cost more to produce Rice than it is getting in the market right now. Export sales have not been strong, and domestic demand is there but is not strong enough right now to bid prices any higher. Milling quality of the Rice remains below industry standards and it takes more Rough Rice to create the grain for sale to stores and exporters.
Overnight News:
Chart Analysis: Trends are mixed. Support is at 1306, 1294, and 1282 May and resistance is at 1365, 1393, and 1416 May.

CORN AND OATS
General Comments: Corn closed a little lower yesterday in cautious trading axs the market prepared for the announcement of the new Trump tariffs. There was renewed talk that tariffs could damage agricultural exports starting now. President Trump has announced that new tariffs are being imposed for all countries on a reciprocal basis starting in April. The tariffs have become an off again on again feature of the government and no one knows what to do at this time. It is dry in growing areas in western US, but most of the Midwest has had precipitation lately.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 442, 434, and 433 May, and resistance is at 470, 477, and 484 May. Trends in Oats are mixed to up. Support is at 346, 342, and 333 May, and resistance is at 371, 377, and 385 May.

SOYBEANS
General Comments: Soybeans closed a little lower yesterday as the market got ready for the new tariffs imposed by President Trump. There was increasing talk of new tariffs and the damage they could do to US agriculture. South American production looks strong although slightly less than previous estimates, with Brazil expected to produce 170 million tons and Argentina producing 49 million tons or a little less. Consumer confidence is down and there are increasing worries that the US could be headed into a recession that could hurt domestic demand. The Brazil Soybeans harvest is now estimated to be more than 85% complete.
Overnight News
Analysis: Trends in Soybeans are mixed Support is at 1022, 1008 and 998 May, and resistance is at 1036, 1041, and 1051 May. Trends in Soybean Meal are down. Support is at 285.00, 280.00, and 277.00 May, and resistance is at 292.00, 297.00, and 301.00 May. Trends in Soybean Oil are up. Support is at 4620, 4520, and 4390 May, with resistance at 4850, 4920, and 4980 May.

PALM OIL AND CANOLA
General Comments: Palm Oil futures were lower today on reports of better than expected production potential down the road and in reaction to the Trump tariffs announcement that proved bigger than expected. There is talk of reduced supplies in the market due to extreme weather that caused fields to flood among other things. Demand has not been good so far this month and was weaker than expected for February. Chart trends are up. Canola was a little lower yesterday as traders prepared for the announcement of the new Trump tariffs on Canadian goods and others in the world
Overnight News:
Chart Analysis: Trends in Canola are mixed. Support is at 600.00, 590.00, and 587.00 May, with resistance at 631.00, 640.00, and 652.00 May. Trends in Palm Oil are up. Support is at 4430, 4340, and 4290 June, with resistance at 4550, 4600, and 4660 June.

Midwest Weather Forecast Light rain or mostly dry conditions. Temperatures should average near to above normal.

DJ Malaysian PM Cash Market Prices for Palm Oil – April 3
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
Apr 1145.00 00.00 Unquoted – –
May 1095.00 -10.00 Unquoted – –
Jun 1065.50 -17.50 Unquoted – –
Jul/Aug/Sep 1020.00 -05.00 Unquoted – –
Oct/Nov/Dec 1010.00 -05.00 Unquoted – –
Jan/Feb/Mar 1015.00 -07.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Apr 1150.00 00.00 Unquoted – –
May 1100.00 -10.00 Unquoted – –
Jun 1070.00 -17.50 Unquoted – –
Jul/Aug/Sep 1025.00 -05.00 Unquoted – –
Oct/Nov/Dec 1015.00 -05.00 Unquoted – –
Jan/Feb/Mar 1020.00 -07.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Apr 1120.00 -10.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Apr 1070.00 -10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Apr 4,850.00 -50.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Apr 499.00 00.00 Unquoted – –
($1=MYR4.441)

DJ China Dalian Grain Futures Closing Prices, Volume – Apr 03
Soybean No. 1
Turnover: 262,165 lots, or 10.41 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
May-25 3,956 3,982 3,944 3,979 3,939 3,961 22 171,119 157,781
Jul-25 3,974 3,996 3,961 3,992 3,958 3,977 19 46,625 92,375
Sep-25 3,988 4,012 3,975 4,008 3,978 3,992 14 38,912 77,249
Nov-25 3,960 4,000 3,953 3,980 3,954 3,967 13 3,799 35,258
Jan-26 3,965 3,992 3,961 3,989 3,960 3,975 15 1,147 5,612
Mar-26 3,978 3,998 3,969 3,996 3,969 3,983 14 563 1,742
Corn
Turnover: 855,999 lots, or 19.62 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
May-25 2,270 2,285 2,268 2,284 2,263 2,276 13 514,358 946,992
Jul-25 2,312 2,325 2,310 2,325 2,304 2,317 13 237,270 859,455
Sep-25 2,332 2,346 2,330 2,345 2,325 2,337 12 66,287 233,272
Nov-25 2,273 2,282 2,269 2,282 2,266 2,275 9 27,147 155,541
Jan-26 2,253 2,260 2,251 2,260 2,248 2,255 7 8,208 21,124
Mar-26 2,253 2,264 2,253 2,264 2,249 2,259 10 2,729 10,824
Soymeal
Turnover: 3,125,307 lots, or 9.16 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
May-25 2,830 2,868 2,819 2,865 2,820 2,843 23 1,248,774 1,108,276
Jul-25 2,831 2,879 2,822 2,876 2,826 2,850 24 135,941 415,412
Aug-25 2,972 3,027 2,950 3,027 2,960 2,983 23 48,066 172,029
Sep-25 2,983 3,041 2,965 3,039 2,969 3,005 36 1,442,436 1,960,957
Nov-25 3,011 3,065 2,991 3,064 2,996 3,034 38 58,725 237,753
Dec-25 3,000 3,038 2,980 3,037 2,989 3,015 26 8,306 83,577
Jan-26 2,976 3,010 2,963 3,010 2,966 2,987 21 163,099 288,201
Mar-26 2,860 2,892 2,852 2,890 2,848 2,877 29 19,960 46,707
Palm Oil
Turnover: 1,073,612 lots, or 97.78 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Apr-25 – – – 9,366 9,366 9,366 0 0 12
May-25 9,300 9,326 9,152 9,198 9,264 9,238 -26 854,192 380,279
Jun-25 8,992 9,014 8,866 8,920 8,972 8,922 -50 5,270 8,194
Jul-25 8,820 8,860 8,708 8,754 8,820 8,762 -58 3,169 3,983
Aug-25 8,742 8,742 8,598 8,654 8,706 8,660 -46 177 696
Sep-25 8,664 8,668 8,514 8,580 8,624 8,596 -28 199,171 237,030
Oct-25 8,592 8,592 8,476 8,480 8,540 8,516 -24 19 970
Nov-25 8,562 8,564 8,486 8,492 8,526 8,526 0 12 605
Dec-25 8,512 8,540 8,464 8,470 8,512 8,510 -2 33 160
Jan-26 8,526 8,548 8,406 8,472 8,508 8,474 -34 11,521 26,075
Feb-26 8,520 8,524 8,416 8,448 8,476 8,468 -8 22 825
Mar-26 8,516 8,520 8,352 8,430 8,462 8,442 -20 26 48
Soybean Oil
Turnover: 811,931 lots, or 64.53 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
May-25 7,982 8,032 7,872 7,902 7,996 7,954 -42 437,165 274,281
Jul-25 7,922 7,966 7,810 7,846 7,940 7,888 -52 5,941 14,513
Aug-25 7,980 8,016 7,858 7,898 7,970 7,950 -20 2,933 5,938
Sep-25 7,968 8,010 7,852 7,894 7,978 7,942 -36 352,120 480,790
Nov-25 7,996 8,030 7,886 7,924 7,984 7,968 -16 142 1,826
Dec-25 7,966 7,966 7,856 7,886 7,944 7,908 -36 15 112
Jan-26 7,900 7,930 7,784 7,826 7,882 7,868 -14 13,498 32,443
Mar-26 7,840 7,884 7,768 7,796 7,826 7,832 6 117 247
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