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 07/24/2026
DJ Canadian Grain Handling Summary – Jul 24
Winnipeg — The following are Canadian grain handling summary statistics
for the period that ended July 19, 2026. Figures in thousands of metric
tons. Source: Canadian Grain Commission.
Wheat Durum Oats Barley Flax Canola Peas Corn Total
COMMERCIAL STOCKS
This Week 2532.8 692.4 346.4 359.6 44.4 1260.1 330.2 177.6 6259.8
Week Ago 2242.5 661.1 296.9 358.6 37.0 1153.1 308.2 175.7 5758.2
Year Ago 2722.8 511.2 251.3 336.3 37.7 1632.2 498.5 75.2 7092.2
PRODUCER DELIVERIES
This Week 658.8 132.5 68.9 65.9 3.4 431.1 26.1 14.8 1432.6
Week Ago 703.5 158.8 60.6 61.9 3.3 550.4 31.5 9.1 1613.6
To Date 25551.5 6249.7 2369.3 4854.7 224.7 20614.4 2911.1 804.4 68042.6
Year Ago 24350.0 5706.7 2419.7 3500.1 156.6 19265.1 2293.9 770.8 61875.7
TERMINAL RECEIPTS
This Week 532.4 100.2 19.3 60.3 5.2 160.2 15.0 20.0 918.3
Week Ago 493.9 163.8 1.4 15.7 0.2 263.5 24.7 44.1 1055.7
To Date 25281.3 6910.3 421.5 3309.5 103.4 9403.5 2334.4 1127.4 55369.9
Year Ago 24700.2 6420.7 553.0 1913.9 40.9 10323.2 1771.8 2705.1 54556.6
EXPORTS
This Week 388.3 117.0 13.1 5.7 0.4 168.1 1.3 0.0 699.0
Week Ago 446.5 60.0 6.8 0.7 10.4 305.1 1.0 31.8 882.0
To Date 22217.6 5560.0 956.5 3262.7 100.7 8730.3 2309.7 762.0 49194.5
Year Ago 21620.1 5592.6 1377.2 1863.0 74.5 9437.0 1776.3 2943.7 49700.7
DOMESTIC DISAPPEARANCE
This Week 109.3 23.4 13.6 26.7 0.9 210.3 2.7 42.0 450.9
Week Ago 105.6 16.8 31.0 14.2 1.0 292.3 4.1 47.4 527.8
To Date 4432.0 1140.3 830.2 1229.5 65.1 12077.7 228.5 1128.6 22766.3
Year Ago 4747.0 718.9 912.8 1493.9 50.0 11172.7 195.6 1150.3 22185.5
Source: Glacier FarmMedia (news@marketsfarm.com)
WHEAT:
General Comments: Wheat closed lower in both markets yesterday on speculative long liquidation. The recent rally was tied to increased tensions in the Black Sea with Russia unable to ship anything through th4 Azov Sea and to the USDA reports and world weather. The export sales report showed demand was at the lower end of expectations. The harvest has been interrupted by too much rain in Texas and harvest yield reports remain low The crop harvest us now about three quarters complete. Spring Wheat has been heading and is rated 53% good to excellent. Conditions are good in the US Midwest, but Europe has been too hot. The weather is now featuring scattered showers for parts of the Midwest along with moderate temperatures after a got week last week. The Great Plains should stay hot and dry except for Texas.
Overnight News:
Chart Analysis: Trends in Chicago are up. Support is at 660, 647, and 629 September, with resistance at 712, 724, and 736 September. Trends in Kansas City are up. Support is at 691, 679, and 659 September, with resistance at 770, 782, and 794 September. Trends in Minneapolis are not available
RICE:
General Comments Rice closed lower yesterday on what appeared to be speculative selling and weaker export sales. USDA said that Rice planted and harvested area is estimated to be sharply lower this year, leading to much lower production and tighter ending stocks estimates. Emergence is about average, and condition has deteriorated from last week. Demand remains moderate to poor for US Rice and was moderate to poor last week.
Overnight News:
Chart Analysis: Trends are mixed. Support is at 1381, 1340, and 1292 September and resistance is at 1449, 1452, and 1464 September.
CORN AND OATS
General Comments: Corn was higher yesterday on follow through buying as the rally tied to too much rain in many Midwest growing areas and hot and dry weather in the western Midwest and in Europe remained The export sales report showed that demand was at the lower end of expectations. It should be warm with showers in the northern Midwest this week but other areas should stay mostly dry. The crop conditions are strong but unchanged from last week and below aa year ago. Dough is starting and progress is ahead of normal. Temperatures in the Midwest should be cooler this week. Oats were higher yesterday and trends are up on the weekly charts and are up on the daily charts.
Overnight News: again
Chart Analysis: Trends in Corn are up. Support is at 436, 427, and 421 September, and resistance is at 472, 478, and 484 September. Trends in Oats are up. Support is at 328, 318, and 307 September, and resistance is at 364, 370, and 376 September.
SOYBEANS
General Comments: Soybeans and the products were higher again yesterday on reports of improved conditions in the Northern Midwest but hot and dry weather in other areas and on no new China demand news. The weekly export sales report showed that demand was at the lower end of expectations Rapid blooming and setting pods progress was shown by USDA this week and reports of good conditions continue. Condition is rated high by USDA in the latest reports but unchanged from last week and below a year ago. Warmer temperatures and wet weather in northern areas are expected for the next week in the Midwest. The big South American harvests are also weighing on prices.
Overnight News:
Analysis: Trends in Soybeans are mixed to up. Support is at 1208, 1185, and 1170 August, and resistance is at 1244, 1256, and 1268 August. Trends in Soybean Meal are up. Support is at 315.00, 309.00, and 305.00 August, and resistance is at 346.00, 344.00,and 356.00 August. Trends in Soybean Oil are mixed. Support is at 7310, 7170, and 6940 August, with resistance at 7680, 7810, and 7940 August.
PALM OIL AND CANOLA
General Comments: Palm Oil closed higher today on demand from India and tight supplies. Canola was higher yesterday.
Overnight News
Chart Analysis: Trends in Canola are mixed to up. Support is at 813.00, 797.00, and 780.00 November, with resistance at 848.00, 860.00, and 872.00 November. Trends in Palm Oil are mixed. Support is at 4530, 4490, and 4430 October, with resistance at 4560, 4740, and 4780 October.
DJ Malaysian PM Cash Market Prices for Palm Oil – July 24
Questions? Ask Jack Scoville today at 312-264-4322The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1160.00 +02.50 Unquoted – –
Sep 1170.00 -02.50 Unquoted – –
Oct/Nov/Dec 1197.50 +05.00 Unquoted – –
Jan/Feb/Mar 1210.00 00.00 Unquoted – –
Apr/May/June 1210.00 00.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1165.00 +02.50 Unquoted – –
Sep 1175.00 -02.50 Unquoted – –
Oct/Nov/Dec 1202.50 +05.00 Unquoted – –
Jan/Feb/Mar 1215.00 00.00 Unquoted – –
Apr/May/Jun 1215.00 00.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1127.50 +02.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Aug 1075.00 00.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 4,610.00 +10.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 491.00 -01.00 Unquoted – –
($1=MYR4.089)