Posts by: Jack Scoville

Wheat:  Winter Wheat markets were higher and Chicago Winter Wheat markets made new high closes on the weekly charts despite a dramatic selloff on Friday. […]

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Grains Report 01/20/2021

On January 20, 2021 - 10:16 AM By

WHEAT           General Comments:   Winter Wheat markets were mixed to a little higher, with Chicago SRW a little lower and the other markets mostly a […]

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Softs Report 01/20/2021

On January 20, 2021 - 9:59 AM By

COTTON        General Comments:  Futures were higher on ideas that the new Biden administration is ready to go with a new stimulus program that could aid […]

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Grains Report 01/19/2021

On January 19, 2021 - 11:14 AM By

WHEAT           General Comments:   Winter Wheat markets were higher and Chicago Winter Wheat markets made new high closes on the weekly charts despite a dramatic […]

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Softs Report 01/19/2021

On January 19, 2021 - 11:13 AM By

COTTON        General Comments:  Futures were higher in reaction to the USDA reports.  Futures made a new high close on the weekly charts.  USDA cut production […]

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Grains Report 01/15/2021

On January 15, 2021 - 10:08 AM By

WHEAT           General Comments:   Wheat markets were higher on follow through buying as trends have turned up on the daily charts.  The USDA fweekly export […]

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Softs Report 01/15/2021

On January 15, 2021 - 9:29 AM By

COTTON        General Comments:  Cotton closed higher and chart trends are now looking positive for prices.  The USDA reports on Tuesday are still controlling the price […]

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Grains Report 01/14/2021

On January 14, 2021 - 9:58 AM By

WHEAT           General Comments:   Wheat markets were mostly higher and trends turned up on the daily charts.  Only Chicago SRW was lower.  It was mostly […]

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Softs Report 01/14/2021

On January 14, 2021 - 9:57 AM By

COTTON        General Comments:  Cotton closed lower in consolidation trading.  USDA cut production by another 1.0 million bales and increased export demand.  Domestic demand was trimmed […]

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Grains Report 01/13/2021

On January 13, 2021 - 9:54 AM By

WHEAT           General Comments:   Wheat markets were higher and trends turned up on the daily charts.  The move came as USDA cut ending stocks and […]

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Softs Report 01/13/2021

On January 13, 2021 - 9:31 AM By

COTTON        General Comments:  Cotton closed higher and near the highs of the day in response to the USDA reports.  USDA cut production by another 1.0 […]

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Grains Report 01/12/2021

On January 12, 2021 - 11:13 AM By

WHEAT           General Comments:   Winter Wheat markets were lower on speculative selling before the USDA reports today.  World markets remained stable and there are more […]

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