MORNING GRAINS COMMENTS
Jack
Scoville
Tuesday,
December 03, 2019
DJ CBOT Delivery
Intentions: Totals - Dec 3
Source: CME
Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN
MEAL
December Dec. 04, 2019 319 Nov 22, 2019
SOYBEAN
OIL
December Dec. 04, 2019 878 Dec 02, 2019
KC HRW WHEAT December Dec. 04, 2019 11 Nov 18, 2019
|
Crop Progress
|
|
|
|
|
|
Date
|
1-Dec
|
24-Nov
|
2018
|
Avg
|
|
Cotton Harvested
|
83
|
78
|
74
|
81
|
|
Corn Harvested
|
89
|
84
|
97
|
98
|
|
Soybeans Harvested
|
96
|
94
|
97
|
99
|
|
Sorghum Harvested
|
93
|
88
|
79
|
87
|
|
Sunflowers Harvested
|
65
|
56
|
81
|
94
|
WHEAT
General Comments: Wheat
markets were
lower yesterday. Minneapolis and HRW
markets were weaker on ideas of plentiful supplies of higher protein Wheat in
the world market. SRW is finding some
support on reduced production but also faces poor demand. Production increases in the northern parts of
the world are greater than production decreases in southern countries and that
has hurt the bull case for improved US Wheat demand. World prices have been weaker in the last
couple of weeks. World prices will still
be dictated by what happens in Europe and the Black Sea area and US prices will
most likely remain a follower as the US tries to compete for sales. Chart patterns on daily and weekly charts
imply more up pressure on prices this week.
Overnight News:
The southern Great Plains should get mostly dry conditions. Temperatures should be on both sides of
normal. Northern areas should see mostly
dry conditions or a little light snow.
Temperatures will moderate over he next few days. The Canadian Prairies should see mostly dry
weather. Temperatures should be mostly below
normal but near to above normal by late this week.
Chart Analysis: Trends in Chicago are up with objectives of 548
and 562 March. Support is at 533, 529,
and 522 March, with resistance at 546, 554, and 561 March. Trends in Kansas City are mixed. Support is at 436, 435, and 428 March, with
resistance at 446, 451, and 456 March.
Trends in Minneapolis are mixed.
Support is at 512, 508, and 506 March, and resistance is at 522, 531,
and 534 March.
COT -- Supplemental Report
- Option and Futures Combined Positions as of November 26, 2019
: 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 433,889
: Positions :
:
58,699 71,611 147,759
55,657 129,889 142,711
40,377 404,827 389,637:
29,062 44,252
: Changes from: November 19, 2019 (Change in open interest: -65,500) :
:
1,653 -11,365 -27,020
-26,380 -7,679 -13,006
-16,475 -64,753 -62,538:
-747 -2,962
: Percent of Open Interest Represented by
Each Category of Trader
:
:
13.5 16.5 34.1
12.8 29.9 32.9
9.3 93.3 89.8:
6.7 10.2
: Total Traders: 364
Number of Traders in Each Category :
:
75 105 127 68
106 52 27
280 296:
-------------------------------------------------------------------------------------------------------------------
COT --
Supplemental Report - Option and Futures Combined Positions as of November 26,
2019
: 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 278,314
: Positions
:
:
50,220 65,934 64,396
64,283 98,760 72,428
29,476 251,327 258,567:
26,987 19,747
: Changes from: November 19, 2019 (Change in open interest: -33,120) :
:
924 -5,975 -15,823
-11,781 -5,896 -2,460
-4,363 -29,140 -32,056:
-3,980 -1,063
: Percent of Open Interest Represented by
Each Category of Trader
:
:
18.0 23.7 23.1
23.1 35.5 26.0
10.6 90.3 92.9:
9.7 7.1
: Total Traders: 264
Number of Traders in Each
Category :
:
69 47 71 78 75 38 14
218 181:
-------------------------------------------------------------------------------------------------------------------
Disaggregated
Commitments of Traders- Options and Futures Combined Positions as of November
26, 2019
: 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 63,884 :
: Positions :
: 35,969
23,491 775 0 14
1,418 21,997 2,270
6,446 1,097 3,325 :
: Changes
from: November 19, 2019 :
: -3,907
-7,436 -48 0
-59 -52 6,539
738 159 -358
-1,713 :
: Percent of Open
Interest Represented by Each Category of Trader :
: 56.3
36.8 1.2 0.0
0.0 2.2 34.4
3.6 10.1 1.7
5.2 :
: Number of
Traders in Each Category Total
Traders: 95 :
: 48
35 . 0 . 5 18 7 12 4 12 :
----------------------------------------------------------------------------------------------------------------
Disaggregated
Commitments of Traders- Options and Futures Combined Positions as of November
26, 2019
: 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 16,342 :
: Positions
:
: 7,620
14,774 501 220
641 4,733 0
220 2,096 0 77 :
: Changes
from: November 19, 2019
:
: -318
684 -78 0
492 451 0
-80 269 -300 77 :
: Percent of Open
Interest Represented by Each Category of Trader :
: 46.6
90.4 3.1
1.3 3.9 29.0
0.0 1.3 12.8
0.0 0.5 :
: Number of
Traders in Each Category
Total Traders: 26 :
: 8
17 . . .
4 0 . . 0 . :
----------------------------------------------------------------------------------------------------------------
RICE
General
Comments: Rice was higher again yesterday but seems to be running into upside
targets for the move. The weekly charts
are also bullish but also show the chance for some selling to develop in the
short term. Demand for US Rice remains
generally positive and the weekly export sales report was very strong. The export sales pace in general has been
very good and USDA could be forced to increase export demand and cut ending
stocks estimate in future reports. The
US domestic market is now quiet with the harvest mostly done and no one real
interested in selling. Mills and exporters
are thought to be covered but anyone who needs to buy paddy Rice from farmers
will be forced to pay higher prices after not finding much selling interest at
all.
Overnight News: The Delta should get dry
weather. Temperatures should be below
normal but near to above normal this weekend.
Chart
Analysis: Trends are up with objectives of 1252 and 1299
January. Support is at 1236, 1224, and 1214
January, with resistance at 1256, 1264, and 1276 January.
Disaggregated Commitments
of Traders- Options and Futures Combined Positions as of November 26, 2019
:
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 10,136 :
: Positions
:
: 6,038
5,964 119 110 0
755 1,038 23
489 900 992 :
: Changes
from: November 19, 2019
:
: -156
250 -1 0 0
166 -459 15
-148 203 41 :
: Percent of Open
Interest Represented by Each Category of Trader :
: 59.6
58.8 1.2
1.1 0.0 7.4
10.2 0.2 4.8
8.9 9.8 :
: Number of
Traders in Each Category Total
Traders: 54 :
: 18
15 . .
0 4 4 . 9 7 12 :
----------------------------------------------------------------------------------------------------------------
CORN AND OATS
General Comments: Corn closed slightly
higher after trading both sides of unchanged yesterday. The moves helped support ideas that the
market action of late last week was a sign of an exhausted down move. The market has been short Corn as farmers
have been holding. That means that there
I very little Corn available to the domestic and international cash
market. Ukraine has been selling and
offers from Argentina have been less, but almost nothing is available here in
the US and the US is still the king when it comes to Corn. The charts show a new leg down getting
started on Wednesday and then rejected on Friday.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 377, 373, and 370 March, and
resistance is at 385, 387, and 392 March.
Trends in Oats are down with objectives of 295 March. Support is at 305, 301, and 198 March, and
resistance is at 310, 312, and 318 March.
COT -- Supplemental Report
- Option and Futures Combined Positions as of November 26, 2019
: 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 1,748,799
:
Positions :
:
123,051 260,966 390,488
534,908 751,747 400,914
146,450 1,449,361 1,549,652:
299,438 199,148
: Changes from: November 19, 2019 (Change in open interest: -324,697) :
: 6,921
-15,005 -172,467 -105,022
-70,629 -31,732 -39,252
-302,301 -297,354: -22,396
-27,343
: Percent of Open Interest Represented by
Each Category of Trader
:
:
7.0 14.9 22.3
30.6 43.0 22.9
8.4 82.9 88.6:
17.1 11.4
: Total Traders: 782
Number of Traders in Each Category :
:
137 131 168
379 357 54 31
658 609:
-------------------------------------------------------------------------------------------------------------------
Disaggregated
Commitments of Traders- Options and Futures Combined Positions as of November
26, 2019
: 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 7,448 :
: Positions
:
: 1,990
5,573 127 0
0 1,993 0 0
1,434 164 136 :
: Changes
from: November 19, 2019
:
: -57
151 -1 0 0
465 0 0
21 -6 -160 :
: Percent of Open
Interest Represented by Each Category of Trader :
: 26.7
74.8 1.7 0.0
0.0 26.8 0.0
0.0 19.3 2.2
1.8 :
: Number of
Traders in Each Category Total
Traders: 30 :
: 9
10 . 0 0 9 0 0 5 . . :
----------------------------------------------------------------------------------------------------------------
SOYBEANS AND PRODUCTS
General Comments: Soybeans and the products were lower again yesterday. Soybeans have been working sharply lower for
the past month as the market is tired of hearing about the potential US-China
trade deal and wants to see the real thing.
There does not seem to be any other news of interest to traders in the
entire complex. The US harvest is
entering its final stages now and many producers are putting their Soybeans
into storage and not selling. This has
caused basis levels to firm in the country and at the Gulf of Mexico. Domestic demand was strong in the NOPA data. The market was also affected by news
headlines about the trade talks with China.
Word most of the week that a Phase One deal was progressing well and
that tariffs on both sides would be cut back as a part of any deal helped
support futures for much of the week.
USDA showed that China continued to be a strong buyer in the US market
in its weekly reports on Friday. The
market has not been that strong given the great export sales reports and news
of more sales on the daily system.
Overnight
News:
Chart Analysis: Trends
in Soybeans are down with no objectives.
Support is at 868, 865, and 856 January, and resistance is at 883, 887,
and 894 January. Trends in Soybean Meal
are down with objectives of 292.00 January.
Support is at 292.00, 289.00, and 286.00 January, and resistance is at 297.00,
301.00, and 303.00 January. Trends in
Soybean Oil are down with objectives of 2990, 2930, and 2890 January. Support is at 3010, 2980, and 2950 January,
with resistance at 3050, 3080, and 3130 January.
COT -- Supplemental Report
- Option and Futures Combined Positions as of November 26, 2019
: 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 930,712
: Positions
:
:
70,224 127,869 253,987
330,317 416,159 205,980
61,662 860,508 859,676:
70,204 71,036
: Changes from: November 19, 2019 (Change in open interest: 47,372) :
:
-16,286 35,054 25,421
39,680 -20,789 -4,900
6,037 43,915 45,724:
3,456 1,648
: Percent of Open Interest Represented by
Each Category of Trader :
:
7.5 13.7 27.3
35.5 44.7 22.1
6.6 92.5 92.4:
7.5 7.6
: Total Traders: 610
Number of Traders in Each Category :
:
144 122
189 208 219 53 30
505 483:
-------------------------------------------------------------------------------------------------------------------
COT --
Supplemental Report - Option and Futures Combined Positions as of November 26,
2019
: 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 552,038
: Positions
:
:
89,003 42,813 128,824
122,775 313,484 173,744
40,740 514,345 525,861:
37,693 26,178
: Changes from: November 19, 2019 (Change in open interest: -2,251) :
:
-4,382 5,618 -12,518
6,013 -4,335 10,823
10,116 -65 -1,118:
-2,187 -1,133
: Percent of Open Interest Represented by
Each Category of Trader
:
:
16.1 7.8 23.3
22.2 56.8 31.5
7.4 93.2 95.3:
6.8 4.7
: Total Traders: 332
Number of Traders in Each Category :
:
88 62 123 78 74
43 22 285
244:
-------------------------------------------------------------------------------------------------------------------
COT --
Supplemental Report - Option and Futures Combined Positions as of November 26,
2019
: 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 446,390
: Positions
:
:
39,753 71,182 86,590
154,277 217,764 118,469
40,616 399,089 416,152:
47,301 30,238
: Changes from: November 19, 2019 (Change in open interest: -8,235) :
:
2,590 12,526 -10,096
-1,059 -16,801 4,802
5,923 -3,763 -8,448:
-4,471 213
: Percent of Open Interest Represented by
Each Category of Trader :
:
8.9 15.9 19.4
34.6 48.8 26.5
9.1 89.4 93.2:
10.6 6.8
: Total Traders: 311
Number of Traders in Each Category
:
:
63 76 92
101 87 37 14
254 231:
-------------------------------------------------------------------------------------------------------------------
CANOLA AND PALM OIL
General Comments: Canola was lower on price
action in Chicago Soybean Oil and as the weather is allowing Canadian farmers
to finish with the Canola harvest.
Prices are still in a range that has held for the week. Demand from crushers is reported to be good
but there is a lot of Canola in the pipeline right now. Palm Oil was higher. Price action is very strong. USDA projected world vegetable oils ending
stocks at the lowest level in 40 years in its recent reports.
Overnight News:
Chart Analysis:
Trends in Canola are mixed. Support
is at 460.00, 458.00, and 455.00 January, with resistance at 466.00, 468.00,
and 471.00 January. Trends in Palm Oil
are mixed to up with objectives of 2690 and 2770 February. Support is at 2580, 2520, and 2470 February,
with resistance at 2630, 2680, and 2710 February.
Disaggregated Commitments
of Traders- Options and Futures Combined Positions as of November 26, 2019
:
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 185,442 :
: Positions :
: 149,555
83,013 7,841 1,963
369 582 51,427
7,386 3,357 23,884
15,444 :
: Changes
from: November 19, 2019 :
: -1,082
-255 43 -21 16
-276 -565 -406
-283 -1,000 3,474 :
: Percent of Open
Interest Represented by Each Category of Trader :
: 80.6
44.8 4.2 1.1
0.2 0.3 27.7
4.0 1.8 12.9
8.3 :
: Number of
Traders in Each Category Total Traders: 246 :
: 44
66 5 . . . 56 9 33 62 32 :
----------------------------------------------------------------------------------------------------------------
Midwest Weather Forecast: Some light
rain or snow over the weekend but dry this week. Temperatures should average below normal but
will moderate into the weekend.
|
US Gulf Cash Basis
|
|
|
|
|
|
|
|
Corn
|
HRW
|
SRW
|
Soybeans
|
Soybean
Meal
|
Soybean
Oil
|
|
November
|
+54
Dec
|
+180
Dec
|
+95
Dec
|
+62
Jan
|
+12
Dec
|
N/A
|
|
December
|
+55
Dec
|
|
+95
Dec
|
+60
Jan
|
|
|
|
January
|
+55
Mar
|
|
+90
Mar
|
+57
Jan
|
|
|
|
All basis levels are positive unless noted as
negative
|
|
|
|
|
|
|
|
|
|
|
|
DJ ICE Canada
Cash Grain Close - Dec 2
WINNIPEG --
The following are the closing cash
canola prices
from ICE Futures.
Source: ICE
Futures
Price Basis
Contract Change
CANOLA
*Par
Region 426.60 -30.00
Jan 2020 dn 1.30
Basis:
Thunder Bay 462.10 10.00
Jan 2020 dn 4.50
Basis:
Vancouver 470.10 18.00
Jan 2020 dn 4.50
All prices in
Canadian dollars per metric tonne.
*Quote for
previous day
Source:
Commodity News Service Canada
(news@marketsfarm.comm,
or 204-414-9084)
DJ Malaysian
PM Cash Market Prices for Palm Oil - December 3
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
Dec 660.00
+07.50 Unquoted -
-
Jan 670.00 +07.50
Unquoted - -
Feb/Mar 675.00 00.00
Unquoted - -
Apr/May/Jun 667.50
+02.50 Unquoted -
-
RBD palm
olein, FOB, Malaysian ports
Offer Change Bid
Change Traded
Dec 662.50 +07.50
Unquoted - -
Jan 672.50 +07.50
Unquoted - -
Feb/Mar 677.50 00.00
Unquoted - -
Apr/May/Jun 670.00
+02.50 Unquoted -
-
RBD palm
stearin, FOB, Malaysian ports
Offer Change Bid
Change Traded
Dec 665.00 +10.00
Unquoted - -
Palm Fatty
Acid Distillate, FOB Malaysian ports
Offer Change Bid
Change Traded
Dec 542.50 +02.50
Unquoted - -
Crude palm
oil, Delivered Basis, South Malaysia
Offer Change Bid
Change Traded
Dec 2,720.00 +20.00
Unquoted - -
Palm kernel
oil, Delivered Basis, South Malaysia
Offer Change Bid
Change Traded
Dec 206.00 +02.00
Unquoted - -
($1=MYR4.1730)
DJ China
Dalian Grain Futures Closing Prices, Volume - Dec 03
Soybean No. 1
Turnover:
374,478 lots, or 13.31 billion yuan
Open
High Low Close
Prev. Settle Ch.
Vol Open
Settle Interest
Jan-20 3,389
3,460 3,380 3,457
3,376 3,407 31
219,960 118,802
Mar-20 3,462
3,517 3,446 3,505
3,444 3,481 37 62
128
May-20 3,693
3,810 3,689 3,804
3,684 3,758 74
147,890 127,520
Jul-20 3,812
3,812 3,808 3,810
3,735 3,810 75
14 52
Sep-20 3,779
3,873 3,766 3,872
3,761 3,822 61
6,546 15,650
Nov-20 3,850
3,850 3,850 3,850
3,782 3,850 68
6 6
Corn
Turnover:
1,012,096 lots, or 18.88 billion yuan
Open
High Low Close
Prev. Settle Ch.
Vol Open
Settle Interest
Jan-20 1,823
1,833 1,822 1,831
1,824 1,827 3
355,920 652,362
Mar-20 1,848
1,850 1,839 1,849
1,846 1,844 -2
130,888 610,798
May-20 1,890
1,898 1,887 1,898
1,893 1,892 -1
492,774 1,118,494
Jul-20 1,923
1,927 1,917 1,927
1,921 1,923 2
642 9,432
Sep-20 1,947
1,957 1,945 1,955
1,951 1,949 -2
29,740 136,432
Nov-20 1,965
1,971 1,959 1,968
1,968 1,964 -4
2,132 1,830
Soymeal
Turnover:
2,566,984 lots, or 71.07 billion yuan
Open
High Low Close
Prev. Settle Ch.
Vol Open
Settle Interest
Dec-19 2,780
2,780 2,780 2,780
2,753 2,780 27
4 3,000
Jan-20 2,833
2,843 2,819 2,836
2,826 2,830 4
433,892 719,182
Mar-20 2,774
2,785 2,759 2,775
2,774 2,770 -4
128,266 471,004
May-20 2,743
2,761 2,735 2,753
2,750 2,747 -3
1,720,320 2,766,230
Jul-20 2,764
2,780 2,759 2,774
2,766 2,769 3
126 2,036
Aug-20 -
- - 2,796
2,790 2,796 6
0 166
Sep-20 2,801
2,815 2,790 2,805
2,805 2,801 -4
284,320 1,278,952
Nov-20 2,806
2,824 2,805 2,824
2,814 2,814 0
56 64
Palm Oil
Turnover:
3,373,948 lots, or 18.94 billion yuan
Open
High Low Close
Prev. Settle Ch.
Vol Open
Settle Interest
Dec-19 -
- - 5,500
5,500 5,500 0
0 0
Jan-20 5,580
5,612 5,502 5,594
5,556 5,548 -8
1,456,858 470,490
Feb-20 5,620
5,620 5,574 5,594
5,606 5,586 -20
22 712
Mar-20 5,562
5,724 5,562 5,724
5,648 5,642 -6
10 18
Apr-20 -
- - 5,652
5,652 5,652 0
0 8
May-20 5,718
5,724 5,616 5,718
5,702 5,666 -36
1,885,876 832,926
Jun-20 -
- - 5,680
5,680 5,680 0
0 10
Jul-20 -
- - 5,700
5,700 5,700 0
0 604
Aug-20 -
- - 5,682
5,682 5,682 0
0 2
Sep-20 5,534
5,550 5,446 5,532
5,524 5,484 -40
31,132 71,244
Oct-20 -
- - 5,620
5,670 5,620 -50
0 6
Nov-20 5,508
5,520 5,430 5,520
5,616 5,504 -112
50 22
Soybean Oil
Turnover:
1,033,110 lots, or 64.07 billion yuan
Open
High Low Close
Prev. Settle Ch.
Vol Open
Settle Interest
Dec-19 -
- - 6,122
6,122 6,122 0
0 4
Jan-20 6,234
6,252 6,170 6,244
6,236 6,206 -30
197,902 280,024
Mar-20 -
- -
6,368 6,368 6,368
0 0 724
May-20 6,224
6,248 6,156 6,236
6,232 6,202 -30
802,138 875,386
Jul-20 -
- - 6,236
6,236 6,236 0
0 530
Aug-20 -
- - 6,198
6,198 6,198 0
0 0
Sep-20 6,186
6,194 6,102 6,180
6,192 6,142 -50
33,068 209,048
Nov-20 6,176
6,176 6,176 6,176
6,280 6,176 -104
2 2
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.
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| (800) 769-7021 | (312) 264-4364 (Direct)
| www.pricegroup.com
Past
performance is not indicative of future results. Investing in futures can
involve substantial risk & is not for everyone. The information and data in
this report were obtained from sources considered reliable. Their accuracy or
completeness is not guaranteed and the giving of the same is not to be deemed
as an offer or solicitation on our part with respect to the sale or purchase of
any securities or futures.
The Price
Futures Group, its officers, directors, employees, and brokers may in the
normal course of business have positions, which may or may not agree with the
opinions expressed in this report. Any decision to purchase or sell as a result
of the opinions expressed in this report will be the full responsibility of the
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portion of this report are strictly prohibited without the written permission
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