Grains Report 09/12/19

DJ CBOT Delivery Intentions: Totals – Sep 12
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL September Sep. 13, 2019 54 Sep 10, 2019
SOYBEAN OIL September Sep. 13, 2019 45 Sep 04, 2019
ROUGH RICE September Sep. 13, 2019 15 Sep 10, 2019
CORN September Sep. 13, 2019 132 Sep 11, 2019
KC HRW WHEAT September Sep. 13, 2019 3 Sep 10, 2019
SOYBEAN September Sep. 13, 2019 508 Sep 11, 2019
WHEAT September Sep. 13, 2019 1 Sep 04, 2019

DJ US Export Sales: Weekly Sales Totals-Sep 12
For the week ended Sep 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 2019-20 marketing year for wheat and barley began Jun 1. The
2019-20 marketing year for rice and cotton began Aug 1. The 2018-19
marketing year for soy meal and soy oil will begin Oct 1.
For corn, soybeans and sorghum, “this year” is the 2019-2020
marketing year, which began Sep 1, while “last year” is 2018-2019.
Source: USDA
wk’s net change total
in commitments undlvd sales
this year next year this yr last yr this yr next yr
wheat 610.9 -8.2 12006.3 9738.8 5143.0 8.9
hrw 189.2 0.0 4494.6 2897.0 1425.4 0.0
srw 73.8 -8.2 1517.5 1214.2 680.9 4.2
hrs 187.0 0.0 3358.6 2933.1 1716.8 4.8
white 160.4 0.0 2147.0 2429.1 1017.6 0.0
durum 0.6 0.0 488.8 265.5 302.5 0.0
corn 1232.5-a 0.0 7190.3 15171.4 6778.1 60.0
soybeans 3106.5-b 0.0 9509.2 16944.3 9033.2 0.0
soymeal 38.0 81.1 12084.3 12534.0 1311.0 1696.1
soyoil 8.2 2.6 899.8 1062.0 130.0 37.3
upland cotton 74.6 0.5 8322.2 8835.4 7063.4 661.9
pima cotton 3.8 0.0 158.3 264.1 116.1 0.0
sorghum 57.2-c 0.0 67.5 45.6 38.7 0.0
barley 0.0 0.0 57.4 53.4 44.7 0.0
rice 46.6 0.0 1071.4 595.5 704.5 0.0
-a: Includes new sales activity for Aug 30-Sep 5 which
resulted in a net increase of 498.1 thousand metric tons. Also includes
734.4 thousand metric tons of undelivered sales carried over from
2018-2019.
-b: Includes new sales activity for Aug 30-Sep 5 which resulted in a
a net increase of 1172.2 thousand metric tons. Also includes
1934.3 thousand metric tons of undelivered sales carried over from
2018-2019.
-c: Includes new sales activity for Aug 30-Sep 5 which resulted in
a net increase of 24.3 thousand metric tons. Also includes
32.9 thousand metric tons of undelivered sales carried over from
2018-2019.

DJ Statistics Canada Crop Model-Based Production Report – Sep 12
WINNIPEG–Canada 2019/20 grain/oilseed September model-based
production estimates. Includes August survey-based estimates and year-ago
production for comparison. Source: Statistics Canada. Production in
thousand metric tons, yield in kg/hectare, area harvested in thousand
hectares.
Harvested indic Production
area yield 2019-20 2019-20 2018-19
SEP AUG FINAL
Model Survey
barley 2,700.7 3,698 9,987.3 9,643.7 8,379.7
edible beans 141.7 2,513 356.1 367.8 341.1
canary seed 57.9 1,389 80.4 69.9 117.8
canola 8,363.0 2,315 19,357.5 18,452.7 20,342.6
chickpeas 154.5 1,700 262.7 251.3 311.3
corn 1,463.1 9,644 14,109.7 13,606.1 13,884.8
faba beans 26.0 3,436 91.4 92.0 91.3
flaxseed 367.8 1,569 577.0 558.2 492.4
lentils 1,501.3 1,678 2,519.6 2,383.6 2,092.1
mixed grains 65.7 3,030 198.8 197.5 194.7
mustard 157.3 898 141.2 156.1 173.6
oats 1,158.0 3,467 4,015.5 3,952.6 3,436.0
dry peas 1,721.5 2,714 4,672.5 4,528.3 3,580.7
fall rye* 97.4 2,882 280.7 283.9 236.4
soybeans 2,293.8 2,827 6,485.3 6,203.5 7,266.6
sugar beets 15.9 71,757 1,140.8 1,141.2 1,376.7
sunflower seed 21.9 2,146 46.8 49.6 57.3
triticale 21.8 2,371 51.6 51.7 62.2
all wheat 9,775.6 3,324 32,491.0 31,251.2 32,201.1
durum wheat 1,928.5 2,592 4,997.8 4,419.5 5,744.8
spring wheat 7,474.8 3,445 25,752.3 25,108.0 23,942.4
winter wheat* 372.3 4,677 1,740.9 1,724.6 2,513.9
*Fall rye and winter wheat numbers represent what was remaining
after winterkill.
Source: Commodity News Service Canada (news@marketsfarm.com, or 204-414-
9084)

DJ U.S. Corn, Soybean Production Estimates — Survey
CHICAGO–The following are analysts’ estimates for 2019 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. 2019 Production, Yield (million bushels, bushels per acre)
Average Range USDA August USDA 2018
Corn Production 13,614 13,040-14,003 13,901 14,420
Soybean Production 3,596 3,499-3,745 3,680 4,544
Corn Yield 166.7 163.0-170.7 169.5 176.4
Soybean Yield 47.2 46.0-49.0 48.5 51.6
Corn Soybean
Production Yield Production Yield
Advanced Market 13,530 165.0 3,529 46.5
AgriSource 13,596 166.0 3,524 46.5
Allendale 13,755 N/A 3,499 N/A
DC Analysis 13,701 167.0 3,593 47.4
Doane 13,500 165.0 3,565 47.0
EDF Man 13,860 169.0 3,642 48.0
Farm Futures 14,003 170.7 3,720 49.0
Grain Cycles 13,530 165.0 3,522 46.4
INTL FCStone 13,640 168.4 3,647 48.3
Sid Love Consulting 13,530 165.0 3,605 47.5
Northstar 13,700 168.0 3,567 47.0
Price Futures 13,480 164.4 3,580 47.2
RJOBrien 13,782 168.0 3,650 48.1
RMC 13,653 166.5 3,680 46.0
US Commodities 13,040 163.0 3,552 46.8
Vantage RM 13,776 168.0 3,605 47.5
Western Milling 13,245 165.4 3,745 47.5
Zaner Ag Hedge 13,722 169.0 3,506 46.5

DJ U.S. September Grain, Soybean Stockpiles Estimates — Survey
CHICAGO–The following are analysts’ estimates in millions of bushels for U.S. ending stockpiles for 2018-19 and 2019-20, 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 August
Corn 2,398 2,280-2,460 2,360
Soybeans 1,043 990-1,084 1,070
2019-20
Average Range USDA August
Corn 1,965 1,570-2,269 2,181
Soybeans 661 565-797 755
Wheat 1,014 909-1,037 1,014
2018-19 2019-20
Corn Soybeans Corn Soybeans Wheat
Advanced Market 2,400 1,025 1,851 600 1,005
AgriSource 2,380 1,055 1,870 603 1,025
Allendale 2,417 1,045 2,157 649 1,017
DC Analysis 2,420 1,020 2,091 628 909
Doane 2,440 1,010 1,990 650 1030
EDF Man 2,360 1,070 2,141 717 1010
Farm Futures 2,400 1,044 2,269 797 1,013
Grain Cycles 2,405 1,065 1,835 647 1,014
INTL FCStone 2,344 993 2,004 725 1,037
Sid Love Consulting 2,360 1,070 1,810 679 1,034
Northstar 2,460 990 2,100 660 1,025
Price Futures 2,435 1,015 1,835 599 1,014
RJOBrien 2,449 1,022 2,101 721 1,027
RMC 2,420 1,070 2,090 565 1,014
US Commodities 2,435 1084 1,570 646 1,030
Vantage RM 2,385 1,070 2,056 680 1,014
Western Milling 2,380 1,038 1,600 723 1,022
Zaner Ag Hedge 2,280 1,080 1,992 616 1,009

DJ September 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 2018-19 and 2019-20, 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)
2018-19
Average Range USDA August
Corn 329.6 327.0-332.3 328.6
Soybeans 114.1 113.0-115.9 114.5
Wheat 275.3 272.0-276.9 275.5
2019-20
Average Range USDA August
Corn 301.8 292.7-307.0 307.7
Soybeans 101.6 97.0-119.0 101.7
Wheat 285.5 283.0-288.1 285.4
2018-19 2019-20
Corn Soybeans Wheat Corn Soybeans Wheat
Advanced Market 327.0 113.0 274.5 298.0 98.0 283.5
Allendale 329.4 114.2 275.5 307.0 99.8 283.6
Doane 330.5 113.0 275.0 305.0 100.0 283.5
EDF Man 328.6 114.5 275.5 307.0 101.0 286.0
Farm Futures 332.3 113.0 272.0 302.0 101.7 284.7
Grain Cycles 329.0 115.0 275.5 297.5 102.5 286.0
INTL FCStone 330.1 115.9 276.9 302.8 119.0 288.1
Northstar 330.0 113.0 276.0 306.0 100.0 288.0
RMC N/A N/A N/A 300.7 97.0 285.4
US Commodities 329.2 115.0 276.0 292.7 98.2 287.0
Western Milling 329.5 114.0 276.0 298.0 102.0 283.0
Zaner Ag Hedge N/A N/A N/A 304.5 99.6 287.2

BRIEF-Brazil’s Conab raises 2018/19 corn export forecast to 35 mln T – Reuters
10-Sep-2019 07:04:44 AM
Sept 10 (Reuters) –
BRAZIL 2018/19 SOYBEAN EXPORTS SEEN AT 70 MILLION TNS VERSUS 70 MILLION TNS IN AUGUST FORECAST AND 83.257 MILLION TNS IN 2017/18 – CONAB
BRAZIL 2018/19 SOYBEAN CROP SEEN AT 115.030 MILLION TNS VERSUS 115.072 MILLION TNS IN AUGUST FORECAST AND 119.282 MILLION TNS IN 2017/18 – CONAB
BRAZIL 2018/19 TOTAL GRAIN CROP SEEN AT 242.138 MILLION TNS VERSUS 241.335 MILLION TNS IN AUGUST FORECAST AND 227.679 MILLION TNS IN 2017/18 – CONAB
BRAZIL 2018/19 TOTAL CORN CROP SEEN AT 99.984 MILLION TNS VERSUS 99.312 MILLION TNS IN AUGUST FORECAST AND 80.709 MILLION TNS IN 2017/18 – CONAB
BRAZIL 2018/19 CORN EXPORTS SEEN AT 35.000 MILLION TNS VERSUS 34.500 MILLION TNS IN AUGUST FORECAST
AND 23.820 MILLION TNS IN 2017/18 – CONAB
BRAZIL 2018/19 SOYBEAN YIELDS SEEN AT 3,206 KG/HA VERSUS 3,208 KG/HA IN AUGUST FORECAST AND 3,394 KG/HA IN 2017/18 – CONAB
BRAZIL 2018/19 TOTAL CORN YIELDS SEEN AT 5,715 KG/HA VERSUS 5,730 KG/HA IN AUGUST FORECAST AND 4,857 KG/HA IN 2017/18- CONAB

WHEAT
General Comments: Wheat markets were a little lower yesterday as traders got ready for new supply and demand updates from USDA. USDA will not issue new production estimates this month, just the monthly supply and demand updates. Trends are up in SRW but are still mixed in the other markets. Demand has shown up at current levels and there is now talk that Wheat prices are finally cheap enough. There has not been any demand news for Wheat so far this week and USDA will only issue the monthly supply and demand updates for this market. The US Dollar remains very strong and that is hurting the ability of US exporters to sell Wheat. Saudi Arabia tendered for Wheat last week and released the results yesterday but did not show origins. Ideas are that the Wheat will be sourced from Russia and Europe. The US Winter Wheat harvest is over and the Spring Wheat harvests in the US and Canada are moving along. September can often be a month when Wheat futures bottom out but it is hard to make a case for a big rally as the US must try to compete with other world sellers for business and against Corn and other feed grains for business inside the US.
Overnight News: The southern Great Plains should get mostly dry conditions. Temperatures should be near to above normal. Northern areas should see scattered showers this week. Temperatures should be near normal. The Canadian Prairies should see mostly dry weather. Temperatures should be variable.
Chart Analysis: Trends in Chicago are up with objectives of 485 and 487 December. Support is at 469, 467, and 460 December, with resistance at 483, 486, and 496 December. Trends in Kansas City are mixed. Support is at 395, 389, and 381 December, with resistance at 404, 406, and 408 December. Trends in Minneapolis are mixed. Support is at 499, 492, and 487 December, and resistance is at 506, 511, and 514 December.

RICE
General Comments: Rice closed a little higher again yesterday and chart trends are turning up again on the daily charts. The market is waiting for the USDA reports later today and the reports are expected to be bullish. Traders anticipate that USDA will be able to lower yields and lower harvested area in the reports on Thursday. Field yield reports from Texas and Louisiana are less than last year in all cases and average to below average. Initial harvesting is now taking place in Mississippi, Missouri, and Arkansas. Ideas are that field yields will be less in these states as well. Milling quality is said to be good to very good at this point in the harvest. Smut has been reported in Texas away from Houston, but the smut has not affected the milling quality so far.
Overnight News: The Delta should get mostly dry conditions. Temperatures should be above normal.
Chart Analysis: Trends are mixed to up with objectives of 1211, 1213, and 1231 November. Support is at 1195, 1184, and 1174 November, with resistance at 1210, 1224, and 1233 November.

CORN AND OATS
General Comments: Corn closed a little lower as trade attention turned to positioning in from of the USDA reports that will be released later today. Current weather forecasts are now calling for moderate to above normal temperatures for the next couple of weeks and this weather would be beneficial to crop development. Traders are said to think that there will be more than enough Corn for any demand. Demand ideas remain bad with no one looking for much improvement in the short-term. The weekly export sales reports have been weaker and show that there is strong competition for sales. Domestic demand ideas remain bad after the president gave smaller oil refineries waivers from using bio fuels including ethanol. The move got the agricultural community very upset and the president is now being forced to find alternative demand for the products. The administration is trying to pressure bio fuels companies into taking an increased mandate that would replace some of the lost demand. That has proven difficult so far. Feed demand has been week for the last year as feeders look for other grains such as Wheat. USDA is expected to lower overall demand in its reports this week that could more than offset and reduced production estimates. USDA should cut yield estimates tomorrow but will probably not change harvested area much if at all.
Overnight News: Mexico bought 113,036 tons of US Corn.
Chart Analysis: Trends in Corn are mixed. Support is at 357, 352, and 349 December, and resistance is at 363, 365, and 368 December. Trends in Oats are up with objectives of 288 December. Support is at 277, 275, and 274 December, and resistance is at 282, 285, and 289 December.

SOYBEANS AND PRODUCTS
General Comments: Soybeans and products were lower yesterday as traders got ready for the USDA reports that will be released later today. Current weather outlooks call for moderate to above normal temperatures for the next two weeks, and this is great for Soybeans as the crop needs all the time it can get to finish developing after the very late start to the planting season this year. USDA production and supply and demand reports will be issued later today. Analysts look for a slight reduction in yield estimates and slightly lower production when compared to June. Bearish traders and analysts look for virtually no change in the USDA estimates. The weather has been cool and is not pushing Soybeans or Corn to maturity, but this could change if the extended forecasts come to fruition. Analysts will concentrate on the USDA pod counts in this report. Producers and the Pro Farmer Crop Tour participants noted that pod counts were down sharply this year, so the traders will look to USDA to confirmed the reduced counts
Overnight News:
Chart Analysis: Trends in Soybeans are mixed. Support is at 861, 855, and 853 November, and resistance is at 875, 879, and 882 November. Trends in Soybean Meal are mixed. Support is at 289.00, 286.00, and 283.00 October, and resistance is at 256.00, 296.00, and 298.00 October. Trends in Soybean Oil are mixed. Support is at 2800, 2770, and 2740 October, with resistance at 2900, 2930, and 2960 October.

CANOLA AND PALM OIL
General Comments: Canola was higher yesterday as traders got ready for the USDA reports today. Reports indicate that the harvest is making good progress now. There has not been a frost or freeze yet to hurt the seed. Reports from the field indicate good yields. Palm Oil was lower again on weaker demand and higher production. The market appears to be in a short-term and shallow correction now. Export data from the private sources has been lower so far this month. The market still expects limited upside potential, but the charts show that the market still has potential to move higher over time. There are ideas that there is plenty of production and supply to meet any expected demand. Stocks in Indonesia have increased for four straight months.
Overnight News: AmSpec said that Malaysian Palm Oil exports so far this month are 393,129 tons, down 23.2% from last month. SGS said that exports are now 337,570 tons so far this month, down 29% from last month.
Chart Analysis: Trends in Canola are down with objectives of 436.00 November. Support is at 437.00, 434.00, and 431.00 November, with resistance at 445.00, 447.00, and 448.00 November. Trends in Palm Oil are mixed to down with objectives of 2140 and 2090 November. Support is at 2200, 2160, and 2150 November, with resistance at 2240, 2260, and 2270 November.

DJ Malaysia’s August Palm Oil Exports 1.73M Tons; Up 16% -MPOB
Malaysia’s palm oil exports were up 16% on month at 1.73 million metric tons in August, the Malaysian Palm Oil Board said.
The following are details of the August crop data and revised numbers for July, issued by MPOB:
August July Change
On Month
Crude Palm Oil Output 1,821,548 1,740,759 Up 4.64%
Palm Oil Exports 1,732,888 1,489,171 Up 16.37%
Palm Kernel Oil Exports 86,696 86,865 Dn 0.19%
Closing Stocks 2,251,831 2,378,099 Dn 5.31%
Crude Palm Oil 1,290,565 1,338,126 Dn 3.55%
Processed Palm Oil 961,266 1,039,973 Dn 7.57%

Midwest Weather Forecast: Mostly dry this week in the south but showers and storms in the north. Dry all areas this weekend Temperatures should be near to above normal.

US Gulf Cash Basis
Corn HRW SRW Soybeans Soybean Meal Soybean Oil
September +33 Dec +155 Dec +70 Sep +11 Nov +12 Oct N/A
October +37 Dec +80 Dec +12 Nov
November +42 Dec +80 Dec +23 Nov
All basis levels are positive unless noted as negative

DJ ICE Canada Cash Grain Close – Sep 10
WINNIPEG — The following are the closing cash
canola prices from ICE Futures.
Source: ICE Futures
Price Basis Change
CANOLA
*Par Region 419.80 -20.00 dn 3.00
Basis: Thunder Bay 449.40 10.00 dn 0.40
Basis: Vancouver 456.40 17.00 dn 0.40
All prices in Canadian dollars per metric tonne.
*Quote for previous day
Source: Commodity News Service Canada
(news@marketsfarm.com, or 204-414-9084)

DJ Malaysian PM Cash Market Prices for Palm Oil – September 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
Sep 537.50 +02.50 Unquoted – –
Oct 537.50 +02.50 Unquoted – –
Nov 542.50 +05.00 Unquoted – –
Dec 545.00 +02.50 Unquoted – –
Jan/Feb/Mar 562.50 0.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 540.00 0.00 Unquoted – –
Oct 540.00 0.00 Unquoted – –
Nov 545.00 +02.50 Unquoted – –
Dec 547.50 0.00 Unquoted – –
Jan/Feb/Mar 565.00 -02.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 550.00 0.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Sep 450.00 0.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 2,140 0.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 142.00 -02.00 Unquoted – –
($1=MYR4.1640)

DJ China Dalian Grain Futures Closing Prices, Volume – Sep 12
Soybean No. 1
Turnover: 117,744 lots, or 4.06 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-19 3,410 3,410 3,410 3,410 3,410 3,410 0 14 2
Nov-19 3,406 3,446 3,406 3,412 3,429 3,421 -8 6 308
Jan-20 3,425 3,433 3,412 3,420 3,432 3,423 -9 104,700 197,440
Mar-20 – – – 3,473 3,473 3,473 0 0 32
May-20 3,646 3,670 3,646 3,660 3,659 3,655 -4 13,024 60,008
Jul-20 – – – 3,671 3,671 3,671 0 0 16
Corn
Turnover: 810,468 lots, or 15.18 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-19 – – – 1,813 1,813 1,813 0 0 0
Nov-19 1,848 1,851 1,836 1,849 1,851 1,843 -8 48,180 327,452
Jan-20 1,874 1,876 1,860 1,872 1,877 1,868 -9 679,238 1,130,138
Mar-20 1,896 1,896 1,881 1,892 1,898 1,885 -13 62 4,762
May-20 1,937 1,937 1,921 1,932 1,937 1,928 -9 81,484 280,558
Jul-20 1,951 1,951 1,933 1,948 1,951 1,941 -10 1,504 1,784
Soymeal
Turnover: 1,833,120 lots, or 51.90 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-19 – – – 2,862 2,862 2,862 0 0 2,038
Nov-19 2,896 2,911 2,865 2,904 2,906 2,891 -15 71,398 272,070
Dec-19 2,863 2,899 2,860 2,896 2,893 2,876 -17 944 2,502
Jan-20 2,840 2,865 2,812 2,858 2,859 2,841 -18 1,537,774 1,927,166
Mar-20 2,788 2,830 2,788 2,826 2,814 2,822 8 82 758
May-20 2,740 2,753 2,720 2,748 2,753 2,739 -14 222,756 770,668
Jul-20 2,744 2,755 2,730 2,755 2,762 2,743 -19 150 1,956
Aug-20 2,755 2,778 2,755 2,770 2,765 2,766 1 16 142
Palm Oil
Turnover: 787,092 lots, or 37.98 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-19 4,608 4,652 4,602 4,646 4,720 4,634 -86 166 8,992
Oct-19 4,668 4,668 4,668 4,668 4,814 4,668 -146 2 6
Nov-19 – – – 4,810 4,810 4,810 0 0 8
Dec-19 – – – 4,634 4,778 4,634 -144 0 6
Jan-20 4,826 4,844 4,766 4,784 4,842 4,806 -36 716,704 527,398
Feb-20 – – – 4,904 4,940 4,904 -36 0 716
Mar-20 – – – 4,978 4,978 4,978 0 0 2
Apr-20 – – – 5,080 5,118 5,080 -38 0 2
May-20 5,040 5,044 4,978 4,990 5,032 5,012 -20 70,220 120,018
Jun-20 – – – 5,040 5,060 5,040 -20 0 6
Jul-20 – – – 5,076 5,076 5,076 0 0 604
Aug-20 – – – 5,088 5,108 5,088 -20 0 2
Soybean Oil
Turnover: 668,558 lots, or 40.49 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-19 – – – 6,044 6,044 6,044 0 0 1,942
Nov-19 – – – 6,078 6,078 6,078 0 0 4
Dec-19 – – – 6,070 6,070 6,070 0 0 20
Jan-20 6,062 6,102 6,034 6,054 6,092 6,062 -30 597,822 887,378
Mar-20 – – – 6,110 6,110 6,110 0 0 520
May-20 6,020 6,040 5,986 5,998 6,028 6,008 -20 70,736 242,818
Jul-20 – – – 6,022 6,022 6,022 0 0 526
Aug-20 – – – 6,164 6,184 6,164 -20 0 0
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.