Jack Scoville

About the Author

Jack Scoville

Jack Scoville is a veteran futures market analyst specializing in grains, softs, rice, oilseeds, and tropical products such as coffee and sugar. His industry contacts in South America, Europe, Asia, and North America provide him with a unique and comprehensive view of these markets. Jack began working in the futures industry over 30 years ago and spent 10 years working on the floor of the Chicago Board of Trade in various roles, starting with The PRICE Futures Group since it was established in 1988. Jack writes daily commentaries - Morning Grains and Softs, in both English and Spanish and is regularly quoted around the world by news & wire services including Dow Jones, AP, Bloomberg, and Reuters. You can contact Jack by phone at (312) 264-4322 or by email at jscoville@pricegroup.com. Learn even more on our website at www.pricegroup.com.

Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented by The PRICE Futures Group is from sources believed to be reliable and all information reported is subject to change without notice.

Coffee falls as large Brazil harvest begins

By Jack Scoville | May 22, 2013

Coffee futures were lower again on what appeared to be speculative selling tied to big production ideas from Brazil as the harvest has started.
Orange juice moves higher as greening disease losses advance

By Jack Scoville | May 21, 2013

Orange juice closed higher in recovery trading. Traders are wrestling with more reports of losses from greening disease on the one side and beneficial rains that have hit the state.
Cotton climbs on poor planting conditions

By Jack Scoville | May 20, 2013

Cotton closed last week higher in range trading. The new crop months were firmer on the informal planted area estimates and forecasts for some rain in production areas this week to keep planting slow.
Cocoa falls as concern grows over bean size and quality

By Jack Scoville | May 17, 2013

The flow of cocoa from western Africa is down for seasonal considerations, and traders wonder about the quality and size of the mid crop after some hot and dry weather during the growing season.
Sugar falls after Brazil triples sugar production

By Jack Scoville | May 16, 2013

Sugar closed lower and made new lows for the move on reports of big production in April from Brazil, which crushed 41 million tons of sugarcane and produced 1.69 million tons of Sugar. Both amounts are almost triple those of a year ago.
Coffee drops on improving Brazil weather reports

By Jack Scoville | May 15, 2013

Coffee was slightly lower in low volume trading. Brazil weather has improved, and some areas of Sao Paulo could see a shower by the end of the week, which would be beneficial.
Orange juice moves higher as USDA maintains estimates

By Jack Scoville | May 14, 2013

Orange juice closed higher in reaction to unchanged production estimates from USDA and ideas that more production cuts are coming due to the greening disease.
Cotton falls as demand estimates show ample supplies

By Jack Scoville | May 13, 2013

Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight U.S. market conditions.
Sugar pressured by large Brazil supplies

By Jack Scoville | May 9, 2013

Futures closed lower in light volume trading. Traders are still talking about big production in Brazil and around the world. Traders remain bearish on supplies, especially from Brazil, and this has hurt New York prices.
Coffee higher after Brazil increases minimum price

By Jack Scoville | May 8, 2013

Coffee was higher in all three markets, with little offer noted from producers. Brazil producers got news of the support program from the government yesterday, and the details had largely been leaked or anticipated by the trade.