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MORNING GRAINS COMMENTS
Jack Scoville



12/10/2018

The PRICE Futures Group JSL, SA de CV JSL, SA
Chicago, IL San Salvador, El Salvador San José, Costa Rica
(312) 264-4322 (503) 2260-7806 (506) 2282-7024
jscoville@pricegroup.com jslsadecv@comcast.net jslsa@comcast.net

DJ CBOT Delivery Intentions: Totals - Oct 10

Source: CME Group 

               Contract                         Quantity   Next Trade

Commodity      Month      Delivery Day    Assigned Today   Date Available

SOYBEAN MEAL   October    Oct. 11, 2018               42   Oct 05, 2018

SOYBEAN OIL    October    Oct. 11, 2018              153   Oct 08, 2018

 

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 Sept.  USDA 2017

Corn Production      14,851  14,700-14,969           14,827     14,604

Corn Yield            181.8   180.6-183.0             181.3      176.6

Harvested Acres        81.7    81.4-81.9               81.8       82.7 

Soybean Production    4,733   4,623-4,890             4,693      4,392

Soybean Yield          53.4    52.0-55.0               52.8       49.1

Harvested Acres        88.7    88.2-88.9              88.9        89.5 

                                Corn                           Soybean

                                       Harvested                      Harvested

                   Production   Yield     Acres      Production  Yield   Acres

Advanced Market      14,908     182.3     81.8          4,756    53.5    88.9

AgriSource           14,842     181.7     81.7          4,746    53.5    88.7

Agrivisor            14,800     181.0     81.8          4,714    53.2    88.6

Allendale            14,850     181.6     81.8          4,692    53.1    88.4

DC Analysis          14,845     181.5     81.8          4,711    53.3    88.4

Doane                14,927     182.5     81.8          4,718    53.5    88.2

EDF Man              14,969     183.0     81.8          4,800    54.0    88.9

Farm Futures         14,905     182.0     81.9          4,702    53.0    88.7

Hueber Report        14,700     180.6     81.4          4,623    52.0    88.9

INTL FCStone         14,939     182.7     81.8          4,779    54.0    88.5

Sid Love Consulting  14,833     182.0     81.5          4,729    53.5    88.4

North Star Commodity 14,802     181.0     81.8          4,747    53.4    88.9

Price Group          14,745     180.9     81.5          4,688    53.0    88.5

Prime Ag             14,888     182.0     81.8          4,756    53.5    88.9

RJO Brien            14,822     182.0     N/A           4,727    53.2    N/A

RMC                  14,847     181.5     81.8          4,890    55.0    88.9

US Commodities       14,854     181.6     81.8          4,721    53.1    88.9

Vantage RM           14,928     182.5     81.8          4,747    53.4    88.9

Western Milling      14,806     181.0     81.8          4,712    53.0    88.9

Zaner                14,817     181.8     81.5          4,710    53.1    88.7

 

DJ U.S. October Grain, Soybean Stockpiles Estimates -- Survey

  CHICAGO--The following are analysts' estimates in millions of bushels for U.S. ending stockpiles for 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)

2018-19

                    Average    Range     USDA Sept.

Corn                 1,932  1,774-2,352       1,774

Soybeans              860     442-975           845

Wheat                1,027   895-2,379          935 

                              2018-19

                     Corn    Soybeans      Wheat

Advanced Market      1,825      885         945

AgriSource           1,927      942         945

Agrivisor            1,935      492         942

Allendale            1,908      934         952

DC Analysis          1,900      901         915

Doane                2,000      870        1000

EDF Man              1,820      910         960

Farm Futures         1,960      823         997

Hueber Report        1,774      778         935

INTL FCStone         2,352      935         990

Sid Love Consulting  1,918      892         943

North Star Commodity 1,835      950         950

Price Group          1,855      883         922

Prime-Ag             1,923      941         962

RJO Brien            2,047      975         987

RMC                  2,150      442        2,379

US Commodities       1,914      896         895

Vantage RM           1,920      960         950

Western Milling      1,804      890        1,020

Zaner Ag Hedge       1,872      895         958

 

DJ October 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 Sept.

Corn                 195.0  192.0-197.5        194.2

Soybeans              95.4   94.7-97.3          94.7

Wheat                274.5  273.0-276.0        274.4 

2018-19

                   Average     Range      USDA Sept.

Corn                 159.2  156.0-165.9        157.0

Soybeans             109.4  105.5-113.0        108.3

Wheat                261.1  259.0-263.7        261.3 

                            2017-18                          2018-19

                  Corn     Soybeans      Wheat        Corn  Soybeans    Wheat

Advanced Market   196.2      95.5         N/A      158.9      109.8     260.4

Agrivisor          N/A        N/A         N/A      156.0      108.5     260.0

Allendale         197.1      95.0        274.4     159.2      110.1     261.9

Doane             197.5      96.0        275.0     164.0      111.0     262.0

EDF Man           195.0      96.0        276.0     160.0      110.0     263.0

Farm Futures      192.0      95.0        273.0     158.0      113.0     260.0

Hueber Report     194.2      94.7        274.4     156.0      108.0     259.0

INTL FCStone      193.4      95.2        275.0     165.9      105.5     263.7

North Star Comm   195.0      95.2        275.0     158.5      109.5     261.0

Prime-Ag           N/A        N/A         N/A      160.0      110.0     260.0

RMC               194.3      94.8        274.3     157.1      108.4     261.3

US Commodities    195.0      95.3        274.1     158.1      108.8     260.3

Western Milling   195.0      95.0        274.0     158.0      109.0     260.0

Zaner Ag  Hedge   195.9      97.3        274.4     159.8      110.1     263.4

 

DJ USDA Grain Inspections for Export in Metric Tons - Oct 9

COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.

INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND

WEIGHED THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.

NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE. 

               GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT

                  REPORTED IN WEEK ENDING OCT 04, 2018

                            -- METRIC TONS --

-------------------------------------------------------------------------

                                                   CURRENT     PREVIOUS

             ----------- WEEK ENDING ----------  MARKET YEAR  MARKET YEAR

  GRAIN      10/04/2018  09/27/2018  10/05/2017    TO DATE     TO DATE 

BARLEY            196           0         392        3,743       14,514

CORN        1,351,177   1,377,263     582,248    5,806,250    3,581,854

FLAXSEED            0           0          24          170        3,671

MIXED               0           0          24            0           24

OATS                0          96           0        1,294        3,094

RYE                 0           0           0            0            0

SORGHUM        61,103       2,372     117,945       69,807      368,779

SOYBEANS      569,776     630,249   1,490,783    3,540,940    5,464,549

SUNFLOWER           0           0           0            0            0

WHEAT         423,270     371,991     355,257    7,340,908   10,324,837

Total       2,405,522   2,381,971   2,546,673   16,763,112   19,761,322

-------------------------------------------------------------------------

CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND

FLAXSEED;  SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.

INCLUDES WATERWAY SHIPMENTS TO CANADA.

 

Crop Progress

Date

7-Oct

30-Sep

2017

Avg

Cotton Bolls Opening

78

67

71

74

Cotton Harvested

25

19

24

18

Corn Mature

93

86

80

83

Corn Harvested

34

26

21

26

Soybeans Dropping Leaves

91

83

88

85

Soybeans Harvested

32

23

34

36

Sugarbeets Harvested

40

22

39

41

Sunflowers Harvested

6

5

6

Sorghum Mature

73

62

68

72

Sorghum Harvested

39

34

35

42

Peanuts Harvested

33

21

37

31

Rice Harvested

79

70

84

79

Winter Wheat Planted

57

43

46

54

Winter Wheat Emerged

30

14

23

28

Crop Condition

Very Poor

Poor

Fair

Good

Very Good

Cotton This Week

6

19

33

32

10

Cotton Last Week

6

19

33

32

10

Cotton Last Year

8

7

25

42

18

Corn This Week

4

8

20

47

21

Corn Last Week

4

8

19

47

22

Corn Last Year

3

8

25

49

15

Soybeans This Week

3

7

22

49

19

Soybeans Last Week

3

7

22

49

19

Soybeans Last Year

3

9

27

49

12

Sorghum This Week

5

11

29

44

11

Sorghum Last Week

5

11

29

44

10

Sorghum Last Year

2

6

28

52

12

Peanuts This Week

1

5

24

56

14

Peanuts Last Week

1

5

23

57

14

Peanuts Last Year

2

6

20

53

19

Pastures and Ranges This Week

8

14

30

40

8

Pastures and Ranges Last Week

8

15

30

40

7

Pastures and Ranges Last Year

9

16

34

37

4

 

 

WHEAT                                    

General Comments   Wheat was higher on news that Saudi Arabia and Bangladesh had both bought US Wheat.  The news showed that the US is very competitive in the world market.  The upside was limited as the market started to look ahead to the next round of USDA reports on Thursday.  The reports last month were bearish for prices, and traders are worried about bearish data again this week.  Firm prices extend from Russia to Australia on reduced world production.   It remains very dry in Australia, and yield and production estimates continue to drop well below those estimated by USDA.  It is reported to be wet and cold in Siberia, but planting conditions are reported to be improved near the Black Sea.  Harvest has been difficult in parts of the Canadian Prairies due to snow and cold weather.  Bullish traders think it is just a matter of time before world buyers turn to the US as the other major exporters would be out of Wheat for export, but for now the buyers are looking everywhere they can for other origins and are trying to avoid US Wheat.  The weather in the US is improved for planting the next Winter Wheat crop as much of the Great Plains has seen rains in the last couple of weeks.  More rain is possible later this week.  

Overnight News:  The southern Great Plains should get showers this week and drier weather this weekend.  Temperatures should be near to below normal.  Northern areas should see showers most of the week, then drier weather.  Temperatures should be neear to below normal.  The Canadian Prairies should see mostly dry weather.  Temperatures should average below normal.  Bangladesh bought 120,000 tons of US HRS Wheat.  

Chart Analysis: Trends in Chicago are mixed.  Support is at 510, 505, and 500 December, with resistance at 525, 527, and 531 December.  Trends in Kansas City are mixed.  Support is at 516, 507, and 499 December, with resistance at 529, 531, and 534 December.  Trends in Minneapolis are mixed to up with objectives of 605, 629, and 654 December.  Support is at 586, 584, and 582 December, and resistance is at 597, 599, and  600 December.

 

RICE: 

General Comments:   Rice was higher again yesterday on what appeared to be follow through fund short covering.  That buying faded late, and so did the prices.  The buying is appearing despite ideas that USDA will increase US production estimates on Thursday.  Futures rallied more than $1.00 per cwt. last week.  Farmers think prices are too cheap and are still concentrating on harvesting in most areas.  The second crop harvest in Texas and Louisiana will be underway soon.  Good to excellent yields have been reported in Texas and Louisiana so far, and good to very good yield reports are being heard in Mississippi and Arkansas.  Cash prices are somewhat weaker as mills and elevators fill up.  Milling yields have been acceptable to very good.  Export demand has been good, and was especially strong last week as futures moved lower.  Good export demand is expected to continue.  USDA showed slower harvest progress yesterday as bad weather has hindered efforts in much of the South.  Hrvest progress overall isa head of averages.  California has also had a slow harvest, but it is usually the last state to finish and will be again this year.

Overnight News:  The Delta should see showers and storms today and Sunday, otherwise dry weather.  Temperatures should be near normal.  . 

Chart Analysis:  Trends are mixed to up with objectives of 1200 November.  Support is at 1075, 1065, and 1050 November, with resistance at 1104, 1119, and 1140 November.

 

DJ USDA World Market Rice Prices - Oct 10

  USDA today announced the prevailing world market prices

of milled and rough rice, adjusted for U.S. milling yields

and location, and the resulting marketing loan gain (MLG)

and loan deficiency payment LDP) rates. Source: USDA 

                    -----World Price-----      MLG/LDP Rate

                     Milled Value  Rough      Rough

                     ($/cwt)     ($/cwt)     ($/cwt)

Long Grain            14.27         9.19       0.00

Medium/Short Grain    13.95         9.36       0.00

Brokens                8.61         ----       ----

 

CORN AND OATS                  

General Comments:  Corn was a little lower on ideas that USDA will show bigger yields and bigger production in its new estimates tomorrow.  Rains now in the Miwest are keeping the harvest slow and are causig some traders to talk of potential yield loss and damage to crops.  Chart patterns remain bullish and point to moves to about 378 December and then just under 400 December over time.  The harvest is now delayed due to a lot of rain seen recently in the Midwest.  More rain is likely over the first half of the week, then drier weather could return.  Harvest data as reported by producers still suggest that the crop can be another very big one, but that USDA might be a little high in its yield estimates.  Harvest yield reports appear stronger in the eastern belt than to the west.  It has been a warm Summer as average temperatures have generally been a few degrees above long term averages.  The warm temperatures have pushed maturity forward by up to two weeks or so.  Rain patterns have been very tropical, with some áreas getting way too much rain and others staying relatively dry. 

Overnight News: 

Chart Analysis:  Trends in Corn are mixed to up with objectives of 373 December.  Support is at 363, 360, and 355 December, and resistance is at 370, 372, and 376 December.  Trends in Oats are mixed to up with no objectives.  Support is at 279, 270, and 265 December, and resistance is at 290, 294, and 297 December.

 

SOYBEANS AND PRODUCTS                                      

General Comments:  Soybeans and product were lower as the trade looks ahead to the USDA reports on Thursday and anticipates a very big production estimate  Some buying was seen yesterday as big rains in the Midwest have interrupted the harvest and created quality concerns.  Some damaga from shattered beans or sprouting beans is posible, and other problems could come soon.  Futures are also stronger as export demand has been much stronger than anticipated despite the trade war with China.  The USDA export sales reports continue to show very good demand for US Soybeans.  The trade war with th4e Chinese continues, but other importers have been buying in the US in a big way as US prices are very cheap.  They are cheaper than South American prices even with the 25% tariffs.  Traders hope this trend continues, and traders also think that China will eventually need to find a way to buy US Soybeans at a reduced rate as they can’t buy enough in South America and other areas to cover their needs.  Farmers are actively planting in Brazil and overall planting progress is much ahead of normal.  Rains are reported to be just good enough in the Mato Grosso and more than enough in Parana, where some problems might emerge if the rains do not become less.

Overnight News:  

Chart Analysis:  Trends in Soybeans are mixed to up with objectives of 872 and 879 November.  Support is at 852, 843, and 837 November, and resistance is at 875, 881, and 884 November.  Trends in Soybean Meal are mixed.  Support is at 315.00, 310.00, and 308.00 December, and resistance is at 322.00, 324.00, and 327.00 December.  Trends in Soybean Oil are mixed to up with objectives of 3010 December.  Support is at 2910, 2900, and 2880 December, with resistance at 2960, 3000, and 3040 December.

 

CANOLA AND PALM OIL       

General Comments:  Canola was lowr after a rally attempt failed to hold.  It is posible that the market hit a short term peak yesterday as the weather is now turning drier nd harvest progress can increase  Harvest progress has remained slow due to uneven weather and harvest conditions.  Stgronger Soybean Oil prices supported Canola prices, but Soybean Oil was also lowr yesterday.  The weaker Canadian Dollar supported prices.  The Canola harvest is active, but producers are not selling as overall progress is at least a week behind.  Reports indicate slow progress in the western growing áreas due to cold and wet weather.  Snow is falling in some áreas, and the harvest in these áreas is stopped.  Quaslity and yield losses are expected in these areas   Palm Oil was lower on disappointing data on exports from the private sources and weaker than expected MPOB data.  Ideas continue that production was starting to increase again.  Export demand is much improved last month, and there is now talk that ending stocks will not increase despite increased production.  Demand ideas are strong for this month as well.  The charts show that December filled a small gap on the daily charts.  Ideas are thatt here ill be plenty of production for any demand.  Chart trends remain down. 

Overnight News:  SGS said that Malaysian Palm Oil exports are 351,699 tons so far this month, from 415,275 tons last month.  AmSpec said that exports are now 308,380 tons, from 506,212 tons last month.

Chart Analysis:  Trends in Canola are mixed to up with objectives of 506.00 November.  Support is at 497.00, 494.00, and 490.00 November, with resistance at 502.00, 503.00, and 505.00 November.  Trends in Palm Oil are mixed to up with objectives of 2230 and 2290 December.  Support is at 2190, 2150, and 2140 December, with resistance at 2210, 2230, and 2250 December.

 

September Monthly MPOB Supply and Demand Report:

Observation period   : Sep

Frequency            : Monthly

Release date         : Wednesday, 10 Oct

Forecast as follows:

Production            - 1.86 mil tonnes, Up  14.7%

Exports               - 1.65 mil tonnes, Up  50.0%

Ending Stocks         - 2.47 mil tonnes, Down 0.7%

Actual as follows:

Production            - 1.85 mil tonnes, Up 14.4%

Exports               - 1.62 mil tonnes, Up 47.2%

Ending Stocks         - 2.54 mil tonnes, Up  1.5%

Prior reading as follows:

Production            - 1.62 mil tonnes, Up   7.9%

Exports               - 1.10 mil tonnes, Down 8.1%

Ending Stocks         - 2.49 mil tonnes, Up  12.4%

 

 

Midwest Weather Forecast:   Showers and storms today and aain this weekend.  Temperatures should be mostly below normal.

 

US Gulf Cash Basis

Corn

HRW

SRW

Soybeans

Soybean Meal

Soybean Oil

October

48 December

120 December

50 December

17 November

14 December

November

50 December

60 December

22 November

December

53 December

70 December

17 January

All basis levels are positive unless noted as negative

Brazil Premiums

Soybeans

Soybean Meal

Soybean Oil

Corn

Paranagua

Paranagua

Paranagua

Santos

October

68 December

November

280 November

6 December

68 December

December

8 December

82 December

 

DJ ICE Canada Cash Grain Close - Oct 9

    WINNIPEG--The following are the closing cash canola prices

from ICE Futures. 

     Source:  ICE Futures 

                      Price        Change

CANOLA

*Par Region          478.30    up  2.30

Basis: Thunder Bay

1 Can                509.60    dn  1.70

2 Can                496.60    dn  1.70 

Basis: Vancouver

1 Can                524.60    dn  1.70

2 Can                511.60    dn  1.70 

All prices in Canadian dollars per metric ton.

*Quote for previous day 

Source: Commodity News Service Canada (cnscanada@shaw.ca,

204-414-9084)

 

DJ Malaysian PM Cash Market Prices for Palm Oil - Oct 10

   The following are prices for Malaysian palm oil in the cash market at 1000 GMT Wednesday applied 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

Oct           547.50     -02.50      Unquoted   -        -

Nov           547.50     -02.50      Unquoted   -        -

Dec           557.50     -02.50      Unquoted   -        -

Jan/Feb/Mar   585.00      00.00      Unquoted   -        -

RBD palm olein, FOB,   Malaysian ports

Oct           550.00     -02.50      Unquoted   -        -

Nov           550.00     -02.50      Unquoted   -        -

Dec           560.00     -02.50      Unquoted   -        -

Jan/Feb/Mar   587.50      00.00      Unquoted   -        -

RBD palm stearin, FOB, Malaysian ports

              Offer      Change      Bid        Change   Traded

Oct           522.50      00.00      Unquoted   -        -

Palm Fatty Acid Distillate, FOB Malaysian ports

              Offer      Change      Bid        Change   Traded

Oct           455.00      00.00      Unquoted   -        -

Crude palm oil, Delivered Basis, South Malaysia

              Offer      Change      Bid        Change   Traded

Oct           2,120      -10.00      Unquoted   -        -

Palm kernel oil, Delivered Basis, South Malaysia

               Offer     Change     Bid        Change   Traded

Oct             196      -04.00      Unquoted   -        - 

($1=MYR 4.1515)

 

DJ China Dalian Grain Futures Closing Prices, Volume - Oct 10

Soybean No. 1 

Turnover: 179,284 lots, or 6.85 billion yuan 

        Open    High    Low  Close   Prev.  Settle  Ch.      Vol      Open

                                    Settle                        Interest

Nov-18  3,764  3,765  3,711  3,740   3,762   3,745  -17       40       294

Jan-19  3,824  3,832  3,791  3,822   3,844   3,813  -31  165,262   270,640

Mar-19  3,833  3,834  3,818  3,826   3,842   3,831  -11       30        76

May-19  3,884  3,908  3,866  3,892   3,917   3,886  -31   13,482    31,954

Jul-19  -          -      -  3,901   3,901   3,901    0        0         6

Sep-19  3,908  3,915  3,885  3,901   3,929   3,900  -29      428     2,286

Nov-19  -          -      -  3,923   3,952   3,923  -29        0        12

Jan-20  3,918  3,918  3,918  3,918   3,970   3,918  -52       42       118 

Corn 

Turnover: 777,600 lots, or 14.60 billion yuan 

        Open    High    Low  Close   Prev.  Settle  Ch.      Vol      Open

                                    Settle                        Interest

Nov-18  1,831  1,831  1,806  1,811   1,831   1,810  -21   12,000    36,152

Jan-19  1,864  1,866  1,840  1,846   1,863   1,849  -14  553,168   843,688

Mar-19  1,899  1,900  1,874  1,881   1,897   1,878  -19   13,878     8,430

May-19  1,967  1,968  1,942  1,952   1,970   1,953  -17  177,082   453,260

Jul-19  2,000  2,002  1,980  1,990   2,006   1,990  -16    1,396    16,788

Sep-19  2,040  2,042  2,018  2,029   2,045   2,029  -16   20,076    88,000 

Soymeal 

Turnover: 2,315,670 lots, or 78.54 billion yuan 

        Open    High    Low  Close   Prev.  Settle  Ch.        Vol       Open

                                    Settle                           Interest

Nov-18  3,646  3,667  3,619  3,665   3,646   3,635  -11     88,604     60,878

Dec-18  3,573  3,591  3,547  3,589   3,516   3,566   50         60      1,358

Jan-19  3,481  3,515  3,463  3,513   3,481   3,485    4  1,718,506  2,667,158

Mar-19  3,360  3,375  3,336  3,352   3,340   3,354   14     99,142     57,486

May-19  2,970  2,974  2,946  2,970   2,977   2,960  -17    360,926  1,189,384

Jul-19  2,881  2,894  2,868  2,894   2,891   2,881  -10      2,746      8,346

Aug-19  2,882  2,898  2,882  2,887   2,913   2,893  -20         76        192

Sep-19  2,900  2,906  2,881  2,899   2,906   2,892  -14     45,610    162,254 

Palm Oil 

Turnover: 360,150 lots, or 17.37 billion yuan

        Open    High    Low  Close   Prev.  Settle  Ch.      Vol      Open

                                    Settle                        Interest

Oct-18  -          -      -  4,906   4,906   4,906    0        0         0

Nov-18  -          -      -  4,666   4,666   4,666    0        0         2

Dec-18  -          -      -  4,870   4,870   4,870    0        0        34

Jan-19  4,808  4,818  4,778  4,806   4,784   4,800   16  319,952   554,824

Feb-19  -          -      -  4,836   4,820   4,836   16        0        12

Mar-19  -          -      -  4,848   4,832   4,848   16        0         4

Apr-19  -          -      -  4,960   4,944   4,960   16        0        18

May-19  5,008  5,020  4,982  5,008   4,976   5,000   24   39,494   105,446

Jun-19  5,104  5,104  5,100  5,100   5,102   5,102    0        8        54

Jul-19  5,098  5,098  5,096  5,096   5,092   5,096    4        4        28

Aug-19  -          -      -  5,080   5,078   5,080    2        0        12

Sep-19  5,042  5,066  5,030  5,056   5,024   5,040   16      692     6,908 

Soybean Oil 

Turnover: 653,526 lots, or 38.96 billion yuan 

        Open    High    Low  Close   Prev.  Settle  Ch.      Vol      Open

                                    Settle                        Interest

Nov-18  5,840  5,840  5,840  5,840   5,836   5,840    4        4        22

Dec-18  -          -      -  5,754   5,752   5,754    2        0        16

Jan-19  5,966  6,010  5,942  5,980   5,932   5,974   42  536,972   865,400

Mar-19  -          -      -  6,024   5,982   6,024   42        0       112

May-19  5,890  5,918  5,868  5,916   5,860   5,892   32  111,734   352,858

Jul-19  -          -      -  5,898   5,866   5,898   32        0        18

Aug-19  -          -      -  5,930   5,930   5,930    0        0         2

Sep-19  5,868  5,910  5,860  5,910   5,850   5,888   38    4,816    16,882 

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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