Morning Grains Report 07/12/18
Jack Scoville of The PRICE Futures Group - InsideFutures.com - Thu Jul 12, 10:05AM CDT

DJ CBOT Delivery Intentions: Totals – Jul 12
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL July Jul. 13, 2018 782 Jul 11, 2018
ROUGH RICE July Jul. 13, 2018 75 Jun 27, 2018
CORN July Jul. 13, 2018 249 Jul 11, 2018
KC HRW WHEAT July Jul. 13, 2018 43 Jul 09, 2018
SOYBEAN July Jul. 13, 2018 313 Jul 11, 2018

DJ U.S. Export Sales: Weekly Sales Totals-Jul 12
For the week ended Jul 5, 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 soy meal and
soyoil Oct 1. Source: USDA
wk’s net chg total
in commitments undlvd sales
this yr next yr this yr last yr this yr next yr
wheat 136.4 0.0 6128.4 8750.2 4361.7 0.0
hrw 63.6 0.0 1532.3 3040.7 1121.7 0.0
srw 10.1 0.0 756.1 916.9 505.1 0.0
hrs 39.7 0.0 1970.7 2347.4 1440.1 0.0
white 3.1 0.0 1721.0 2242.1 1155.1 0.0
durum 20.0 0.0 148.4 203.1 139.8 0.0
corn 402.1 128.0 58095.3 55763.5 11532.5 4647.9
soybeans 158.6 270.8 57450.6 59954.6 7164.7 8253.0
soymeal 37.5 40.7 11545.5 10006.9 2270.7 493.1
soyoil 27.5 3.9 995.4 1005.7 204.4 23.2
upland cotto 121.6 251.4 16308.0 14572.9 2527.7 5832.8
pima cotton 1.9 1.9 639.2 630.9 68.2 169.6
sorghum -38.8 0.0 5158.6 4562.7 297.4 38.0
barley 0.0 0.0 48.9 30.2 43.3 0.0
rice 36.9 17.5 2972.2 3688.9 298.8 62.2

DJ 2018-19 U.S. Wheat Production Estimates — Survey
CHICAGO–The following are analysts’ estimates for 2018-19 U.S. wheat production, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated production forecasts at noon on Thursday.
2018-19 Wheat Production
Average Range USDA June USDA 2017-18
All Wheat 1,865 1,825-1,923 1,827 1,741
Winter Wheat 1,199 1,178-1,224 1,198 1,269
Hard Red Winter 654 634-675 650 750
Soft Red Winter 317 307-334 316 292
White Winter 229 202-234 232 227
Other Spring 600 568-646 N/A 416
Durum 74 60-83 N/A 55
All Winter Other
Wheat Hard-Red Soft-Red White Spring Durum
Advanced Market 1,867 1,210 654 326 230 576 81
Allendale 1,833 1,183 658 322 202 577 73
DC Analysis 1,859 1,182 634 316 232 599 78
Doane 1,900 1,200 655 315 230 625 75
EDF Man 1,848 1,195 655 310 230 583 70
Farm Futures 1,901 1,178 635 325 218 640 83
Futures Internatio 1,900 1,224 674 318 232 600 75
Hueber Report 1,825 1,195 650 312 232 570 60
INTL FCStone 1,890 1,203 640 334 229 609 78
MaxYield 1,840 N/A N/A N/A N/A N/A N/A
Northstar 1,923 1,217 675 310 232 646 60
Sid Love Consultin 1,861 1,218 670 316 232 568 75
Price Futures 1,865 1,210 657 320 233 580 75
Prime Ag 1,852 N/A N/A N/A N/A N/A N/A
RMC 1,825 1,196 N/A N/A N/A N/A N/A
RJ O’Brien 1,881 1,199 660 307 232 607 75
Vantage RM 1,827 1,198 650 316 232 N/A N/A
US Commodities 1,845 N/A N/A N/A N/A N/A N/A
Western Milling 1,896 1,203 651 319 234 619 74
Zaner Ag Hedge 1,852 1,180 639 311 229 600 71

DJ U.S. Corn, Soybean Production Estimates — Survey
CHICAGO–The following are analysts’ estimates for 2018 U.S. corn and soybean production in millions of bushels, as compiled by The Wall Street Journal. Yield estimates are in bushels per acre and harvested acres are in million acres. The U.S. Department of Agriculture is scheduled to release its monthly estimates at noon on Thursday.
U.S. 2018 Production (million bushels, bushels per acre)
Average Range USDA June USDA 2017
Corn Production 14,331 14,045-14,833 14,040 14,604
Soybean Production 4,329 4,253-4,430 4,280 4,392
Corn Yield 175.3 172.6-179.5 174.0 176.6
Soybean Yield 48.8 47.9-50.0 48.5 49.1
Corn Soybean
Production Yield Production Yield
Advanced Market 14,233 174.0 4,309 48.5
AgriSource 14,224 174.0 4,312 48.5
Allendale 14,243 174.0 4,306 48.5
DC Analysis 14,392 176.0 4,356 49.0
Doane 14,392 176.0 4,400 49.5
EDF Man 14,460 177.0 4,307 48.5
Farm Futures 14,132 172.6 4,253 47.9
Futures Internatio 14,555 178.0 4,310 48.5
Hueber Report 14,045 174.0 4,277 48.5
INTL FCStone 14,228 174.0 4,336 48.8
MaxYield 14,300 174.0 4,300 48.5
Northstar 14,833 179.5 4,380 49.5
Price Futures 14,228 174.0 4,310 48.5
Prime Ag 14,315 175.0 4,307 48.5
RMC 14,210 174.0 4,305 48.5
Sid Love Consultin 14,310 175.0 4,356 49.0
US Commodities 14,379 176.0 4,351 49.0
Vantage RM 14,344 176.0 4,356 49.1
Western Milling 14,397 176.0 4,430 50.0
Zaner 14,395 176.2 4,311 48.5

DJ U.S. July Grain, Soybean Stockpiles Estimates — Survey
CHICAGO–The following are analysts’ estimates in millions of bushels for U.S. ending stockpiles for 2017-18 and 2018-19, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated supply and demand tables on Thursday at noon ET.
U.S. Stockpiles (millions)
2017-18
Average Range USDA June
Corn 2,106 2,050-2,177 2,102
Soybeans 507 478-532 505
Wheat 1,098 1,080-1,100 1,080
2018-19
Average Range USDA June
Corn 1,733 1,500-2,022 1,577
Soybeans 491 385-702 385
Wheat 982 924-1,084 946
2017-18 2018-19
Corn Soybeans Wheat Corn Soybeans Wheat
Advanced Market 2,102 525 N/A 1,695 586 965
AgriSource 2,102 510 1,090 1,675 435 975
Allendale 2,137 528 1,100 1,760 539 961
DC Analysis 2,102 492 N/A 1,679 580 967
Doane 2,072 490 1,100 1,745 545 1,040
EDF Man 2,102 505 N/A 1,847 437 967
Farm Futures 2,166 494 1,100 1,882 437 986
Futures Internationa 2,132 495 N/A 2,022 405 1,013
Hueber Report 2,075 505 N/A 1,550 414 945
INTL FCStone 2,058 478 1,100 1,638 499 1,013
Sid Love Consulting 2,177 505 1,100 1,922 561 999
MaxYield 2,050 515 1,100 1,500 395 956
Northstar 2,150 530 1,100 1,800 510 968
Price Futures 2,102 525 1,100 1,615 465 973
Prime-Ag 2,102 505 1,100 1,877 412 990
RMC 2,102 505 1,080 1,577 385 956
RJ O’Brien 2,087 499 N/A 1,663 498 1,009
US Commodities 2097 500 N/A 1,691 450 950
Vantage RM 2,102 505 1,100 1,881 571 924
Western Milling 2,128 532 1,100 1,585 702 1,084
Zaner Ag Hedge 2,075 500 N/A 1,782 476 N/A

DJ July World Grain, Soybean Stockpiles Estimates — Survey
CHICAGO–The following are analysts’ estimates in millions of metric tons for world grain and soybean ending stockpiles for 2017-18 and 2018-19, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated supply and demand tables on Thursday at noon ET.
World Stockpiles (million metric tons)
2017-18
Average Range USDA June
Corn 191.3 188.0-193.0 192.7
Soybeans 92.0 89.0-94.0 92.5
Wheat 272.3 270.0-274.5 272.4
2018-19
Average Range USDA June
Corn 156.0 151.0-163.0 154.7
Soybeans 88.6 85.6-92.0 87.0
Wheat 264.1 262.0-266.0 266.2
2017-18 2018-19
Corn Soybeans Wheat Corn Soybeans Wheat
Advanced Market 190.0 94.0 270.5 154.0 92.0 263.0
Allendale 192.9 92.8 272.3 156.2 90.0 265.0
Doane 190.0 92.0 273.0 151.0 92.0 262.0
EDF Man 193.0 92.5 272.4 161.0 88.0 264.5
Farm Futures 190.0 89.0 274.5 151.0 86.0 262.0
Futures Interna 192.0 92.0 272.9 161.0 85.6 264.9
Hueber Report 192.7 92.5 272.4 154.0 87.0 264.2
INTL FCStone 190.7 89.7 274.1 153.2 91.4 266.0
MaxYield 192.5 91.8 272.0 155.0 86.5 266.0
Northstar 191.0 93.0 272.5 163.0 92.0 265.0
Prime-Ag 192.0 93.0 272.0 162.0 88.0 265.0
RMC 192.6 92.5 270.0 154.5 87.0 265.2
US Commodities 192.0 92.0 272.0 154.0 86.5 264.0
Western Milling 188.0 91.0 272.0 152.0 88.0 262.0
Zaner Ag Hedge 190.3 92.1 272.4 157.8 88.9 262.4

DJ July Brazil, Argentina Corn, Soybean Production Estimates – Survey
CHICAGO–The following are analysts’ estimates in millions of metric tons for Brazil and Argentina corn and soybean production for 2017-18, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release its monthly estimates on Thursday at noon ET.
Brazil Corn, Soybean Production (million metric tons)
Average Range USDA June
Corn 83.1 79.2-85.0 85.0
Soybeans 118.9 117.4-120.0 119.0
Corn Soybeans
Advanced Market 83.00 119.00
Allendale 83.50 119.00
DC Analysis 82.00 119.00
Doane 82.00 119.00
EDF Man 83.00 119.00
Farm Futures 85.00 118.00
Futures Internati 83.00 119.00
Hueber Report 84.00 119.00
INTL FCStone 79.15 117.36
MaxYield 84.00 120.00
Northstar 83.00 119.00
Price Futures 83.00 119.00
Prime Ag 85.00 119.00
RMC 85.00 119.00
US Commodities 84.00 119.00
Western Milling 80.00 119.00
Zaner Ag Hedge 84.00 119.00
Argentina Corn, Soybean Production (million metric tons)
Average Range USDA June
Corn 32.7 32.0-33.0 33.0
Soybeans 36.7 36.0-37.5 37.0
Corn Soybeans
Advanced Market 33.00 37.00
Allendale 33.00 37.00
DC Analysis 33.00 37.00
Doane 33.00 36.00
EDF Man 33.00 37.00
Farm Futures 32.00 36.00
Futures Internati 33.00 37.00
Hueber Report 33.00 37.00
INTL FCStone 32.50 37.00
MaxYield 33.00 36.00
Northstar 32.00 36.00
Price Futures 33.00 37.00
Prime Ag 33.00 37.00
RMC 33.00 37.00
US Commodities 32.00 37.00
Western Milling 32.00 36.00
Zaner Ag Hedge 33.00 37.50

WHEAT
General Comments Wheat markets were lower in anticipation of good harvest progress and increased production and yields in the USDA reports that will be released later today. Traders anticipate increased ending stocks estimates as the US sales pace has not been that strong so far. World data could show production declines, but this has not been the focus of the market as US export sales have not really increased. In Europe, France saw production estimates drop last week due to stressful weather, and lower production estimates are expected from Germany this week. East Europe and Russia remain mostly hot and dry. Australia is another producing country where some rains are badly needed. On the other hand, Canada and the northern Great Plains have been getting better rains, and production could be strong. The US Winter Wheat harvest is moving north in the Great Plains and Midwest. Yield reports in the Great Plains have been highly variable, but better than initial projections. Midwest yield reports have been good. Protein levels for Great Plains Wheat have been strong as is usual during warm and dry growing seasons. The domestic demand for HRW remains very strong.
Overnight News: The southern Great Plains should get a dry week and a few showers on Sunday. Temperatures should be above normal. Northern areas should see drier conditions this week, but some showers are expected this weekend. Temperatures should be above normal. The Canadian Prairies should see showers through the weekend. Temperatures should average near to above normal.
Chart Analysis: Trends in Chicago are down with objectives of 468 and 434 September. Support is at 465, 461, and 455 September, with resistance at 480, 493, and 497 September. Trends in Kansas City are mixed. Support is at 470, 467, and 464 September, with resistance at 481, 487, and 490 September. Trends in Minneapolis are mixed to down with objectives of 511 and 487 September. Support is at 522, 519, and 516 September, and resistance is at 539, 544, and 548 September.

RICE:
General Comments: Rice was unchanged to lower as some producers and some speculators sold before the next round of USDA supply and demand reports. Futures made the lows for the day in early trading, then recovered in light volume. The trade fears signficant revisions to the bottom line of ending stocks. Demand could be less than estimated by USDA before, and production will be higher due to increased planted area. However, yields should hold unchanged and the market might be factoring in a larger number.. The market overall shows the tight nearby supplies with farmers in the US mostly sold out. Most of the US crop appears in good shape. ““““““““““
Overnight News: The Delta should see more dry weather most of this week, but light to moderate showers by this weekend.. Temperatures should be above normal.
Chart Analysis: Trends are mixed to up with objectives of 1266 September. Support is at 1177, 1170, and 1164 September, with resistance at 1197, 1212, and 1214 September.

CORN AND OATS
General Comments: Corn closed lower on speculative selling tied to ideas that crop conditions were very good and that USDA would show a sharp increase in production and ending stocks estimates for the coming year. There is heat in the forecast for the next week, but cooler temperatures are forecast after that. The crop is pollinating, so weather is a key thing to watch these days, and for now the weather is good. Crop conditions are mostly good here, but feed grains in Europe and Russia are being stressed due to the hot and dry weather there.. There has been too much rain in some northern Midwest areas, and some southwestern Midwest areas have been too dry. Domestic and export demand could be increased in the USDA updates tomorrow. Ending stocks could be increased slightly. USDA will increase new crop production estimates based on higher than expected planted area combined with its calculated yield. However, trade ideas are that USDA will be underestimating yield and that a national yield near 180 bushels per acre is possible, implying that production estimates will be forced higher as the growing season progresses and if conditions stay good. USDA is likely to lower Corn production estimates in Brazil due to reduced Winter Corn production there, and coud trim production estimates for Feed grains in Europe and Russia.
Overnight News: Ethanol production fell to 1.033 million barrels per day in the week ending July 6, versus 1.067 million last year. Estimated corn use for the marketing year to date to make ethanol is 4.736 billion bushels, which exceeds the seasonal pace needed to hit USDA’s target by 34 million bushels, down from 38 million the previous week.
Chart Analysis: Trends in Corn are down with objectives of 327 September. Support is at 339, 336, and 333 September, and resistance is at 347, 348, and 351 September. Trends in Oats are mixed. Support is at 233, 230, and 227 September, and resistance is at 240, 244, and 245 September.

SOYBEANS AND PRODUCTS
General Comments: Soybeans and products were lower in anticipation of higher ending stocks in the USDA reports today. President Trump announced new tariffs against China covering $200 billion in goods. Ideas are that Soybeans sales to China will suffer for an extended period, but other countries might buy on ideas that the current relatively cheap prices could encourage new demand. No one thinks that China will buy here in the short-term, but they will need to buy here eventually. In the meantime, Brazil prices stay very strong with bases levels up to about 240 over futures. USDA said that it will account for the potential changes to export demand starting with the July monthly supply and demand data. Export demand will be trimmed, but this demand loss could be partially offset by increased domestic crusher demand. The market is looking at other things such as growing conditions inside the US. The Soybeans crops have been very wet in the Midwest, and Soybeans prefer drier weather. Condition ratings remain high, but have started to slip in the last two weeks. USDA will increase production in its supply and demand estimates in line with the increased planted area. It could also increase Soybeans production in Brazil to be more in line with the recent CONAB estimates.
Overnight News:
Chart Analysis: Trends in Soybeans are down with objectives of 808 and 765 August. Support is at 824, 812, and 800 August, and resistance is at 851, 865, and 871 August. Trends in Soybean Meal are mixed. Support is at 326.00, 323.00, and 320.00 August, and resistance is at 335.00, 337.00, and 340.00 August. Trends in Soybean Oil are mixed to down with objectives of 2810 August. Support is at 2840, 2810, and 2790 August, with resistance at 2910, 2930, and 2950 August.

DJ China Downgrades Soybean Import Forecast In 2018-19 — Market Talk
0950 GMT – China’s Ministry of Agriculture has downgraded its forecast soybean imports by 1.9% in 2018-19 to 94.54 million metric tons following the introduction of the 25% tariff on U.S. beans, which is further bad news for the world market. Commerzbank says that this is well below the 103 million tons forecast by the US Department of Agriculture and given “the latest developments this figure looks impossible to achieve.”(lucy.craymer@wsj.com)

CANOLA AND PALM OIL
General Comments: Canola was lower and made new lows for the move on speculative selling tied to ideas that Canola is overvalued when compared to Soybeans. Soybeans were also sharply lower. Reports of improved conditions in the Prairies help keep selling interest alive on rallies, but some western areas remain too dry. Palm Oil was lower in response to the MPOB data that showed weaker demand and higher than expected ending stocks. The export data so far this month from the private sources was also considered negative. The exports reported so far by the private surveyors are well below the pace of last month. The market thinks it has plenty of Palm Oil for any demand, but participants want to see the demand. Production is trending higher than trade expectations.
Overnight News:
Chart Analysis: Trends in Canola are down with objectives of 490.00 November. Support is at 491.00, 486.00, and 484.00 November, with resistance at 500.00, 503.00, and 505.00 November. Trends in Palm Oil are down with objectives of 2170 and 2070 September. Support is at 2210, 2180, and 2150 September, with resistance at 2250, 2310, and 2320 September.

Monthly MPOB Supply and Demand Reports:
Observation period : Jun
Frequency : Monthly
Release date : Tuesday, 10 Jul
Forecast as follows:
Production – 1.36 mil tonnes, Down 11.1%
Exports – 1.19 mil tonnes, Down 7.8%
Ending Stocks – 2.15 mil tonnes, Down 1.2%
Actual as follows:
Production – 1.33 mil tonnes, Down 12.6%
Exports – 1.13 mil tonnes, Down 12.6%
Ending Stocks – 2.19 mil tonnes, Up 0.8%
Prior reading as follows:
Production – 1.53 mil tonnes, Down 2.1%
Exports – 1.29 mil tonnes, Down 15.7%
Ending Stocks – 2.17 mil tonnes, Down 0.5%

Midwest Weather Forecast: Hot and dry again through Saturday, some chances for showers later in the weekend..

US Gulf Cash Basis
Corn HRW SRW Soybeans Soybean Meal Soybean Oil
July 46 September 150 September 52 September 55 August 28-Aug
August 51 September 56 September 54 August
September 56 September 65 September 34 September
All basis levels are positive unless noted as negative

Brazil Premiums Soybeans Soybean Meal Soybean Oil Corn
Paraguay Paraguay Paraguay Paraguay
July
August 234 August 14-Aug 95 September
September 244 September 18-Sep 95 September

DJ ICE Canada Cash Grain Close – Jul 11
Winnipeg–The following are the
closing cash grain prices from ICE Futures Canada.
Values are based on the commodity being delivered at
Thunder Bay, Ontario, unless otherwise noted. Source: ICE
Futures Canada
Price Change
CANOLA
*Par Region 497.50 dn 3.80
Basis: Thunder Bay
1 Can 506.00 dn 8.50
2 Can 493.00 dn 8.50
Basis: Vancouver
1 Can 529.00 dn 8.50
2 Can 516.00 dn 8.50
All prices in Canadian dollars per metric ton.
*Quote for previous day
Source: Commodity News Service Canada (cnscanada@shaw.ca, or 204-414-
9084)

DJ Malaysian PM Cash Market Prices for Palm Oil – July 12
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
Jul 570.00 -05.00 Unquoted – –
Aug 572.50 -05.00 Unquoted – –
Sep 575.00 -05.00 Unquoted – –
Oct/Nov/Dec 580.00 -05.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Jul 572.50 -05.00 Unquoted – –
Aug 575.00 -05.00 Unquoted – –
Sep 577.50 -05.00 Unquoted – –
Oct/Nov/Dec 582.50 -05.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jul 580.00 -07.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jul 485.00 -05.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 2,220 -10.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 208 -02.00 Unquoted – –
($1=MYR 4.0400)

DJ China Dalian Grain Futures Closing Prices, Volume – Jul 12
Soybean No. 1
Turnover: 159,054 lots, or 5.69 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-18 – – – 3,565 3,565 3,565 0 0 98
Sep-18 3,568 3,569 3,537 3,543 3,576 3,553 -23 121,684 186,814
Nov-18 – – – 3,650 3,650 3,650 0 0 6
Jan-19 3,672 3,673 3,639 3,642 3,679 3,656 -23 36,358 108,254
Mar-19 – – – 3,732 3,755 3,732 -23 0 4
May-19 3,709 3,716 3,690 3,690 3,720 3,703 -17 994 6,964
Jul-19 3,707 3,707 3,707 3,707 3,745 3,707 -38 2 8
Sep-19 3,782 3,790 3,773 3,778 3,797 3,779 -18 16 216
Nov-19 – – – 3,776 3,793 3,776 -17 0 14
Corn
Turnover: 334,192 lots, or 6.08 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-18 1,770 1,770 1,770 1,770 1,780 1,770 -10 204 9,604
Sep-18 1,773 1,775 1,766 1,768 1,776 1,769 -7 145,444 431,676
Nov-18 1,806 1,811 1,803 1,808 1,812 1,806 -6 7,696 36,702
Jan-19 1,844 1,847 1,840 1,844 1,846 1,843 -3 138,236 640,778
Mar-19 1,879 1,882 1,875 1,880 1,880 1,878 -2 684 3,504
May-19 1,917 1,927 1,910 1,918 1,918 1,917 -1 41,928 121,870
Soymeal
Turnover: 2,006,978 lots, or 62.34 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-18 – – – 2,980 2,980 2,980 0 0 54
Aug-18 3,019 3,100 3,019 3,085 3,068 3,068 0 8 230
Sep-18 3,117 3,124 3,085 3,092 3,117 3,106 -11 1,040,982 1,581,528
Nov-18 3,146 3,166 3,127 3,135 3,153 3,151 -2 115,862 162,642
Dec-18 3,147 3,151 3,111 3,111 3,127 3,140 13 20 362
Jan-19 3,141 3,155 3,111 3,118 3,145 3,134 -11 747,818 1,863,530
Mar-19 3,003 3,016 2,989 2,997 3,003 3,001 -2 1,754 6,232
May-19 2,843 2,855 2,831 2,835 2,849 2,844 -5 100,534 483,292
Palm Oil
Turnover: 386,890 lots, or 18.08 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-18 – – – 5,106 5,106 5,106 0 0 0
Aug-18 – – – 4,978 4,978 4,978 0 0 20
Sep-18 4,640 4,666 4,606 4,646 4,680 4,634 -46 257,368 359,968
Oct-18 – – – 4,720 4,720 4,720 0 0 8
Nov-18 4,774 4,774 4,754 4,760 4,760 4,762 2 6 14
Dec-18 – – – 4,850 4,848 4,850 2 0 6
Jan-19 4,740 4,768 4,718 4,752 4,782 4,742 -40 125,016 288,446
Feb-19 – – – 4,798 4,838 4,798 -40 0 2
Mar-19 – – – 4,790 4,820 4,790 -30 0 0
Apr-19 – – – 4,964 4,964 4,964 0 0 18
May-19 4,888 4,896 4,860 4,878 4,918 4,874 -44 4,500 28,586
Jun-19 – – – 5,010 5,054 5,010 -44 0 16
Soybean Oil
Turnover: 323,860 lots, or 18.02 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-18 – – – 5,412 5,412 5,412 0 0 0
Aug-18 – – – 5,504 5,504 5,504 0 0 10
Sep-18 5,488 5,524 5,474 5,512 5,520 5,500 -20 200,138 611,922
Nov-18 – – – 5,666 5,666 5,666 0 0 38
Dec-18 – – – 5,730 5,730 5,730 0 0 16
Jan-19 5,662 5,692 5,646 5,680 5,692 5,670 -22 115,744 500,938
Mar-19 5,728 5,758 5,706 5,736 5,826 5,736 -90 26 112
May-19 5,652 5,668 5,616 5,658 5,674 5,648 -26 7,952 75,772
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.