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.
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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.
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By Jack Scoville |
May 7, 2013
Orange juice closed lower in consolidation trading. Many are now looking ahead to Friday and the next USDA Oranges production estimates.
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By Jack Scoville |
May 6, 2013
Cotton was higher in consolidation trading and ideas of good demand left from the weekly export sales report from USDA. The sales were big and China was the major buyer.
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By Jack Scoville |
May 3, 2013
Cocoa chart patterns suggest further rallies could be coming down the road and demand has been better than trade expectations. The flow of Cocoa from western Africa is down for seasonal considerations.
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By Jack Scoville |
May 2, 2013
Sugar closed lower in response to news of big production potential in Brazil and disappointing economic data from China. Traders remain bearish on supplies, especially from Brazil.
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By Jack Scoville |
May 1, 2013
News of fewer world coffee exports in March from the ICO and the potential for less production in the coming year from Vietnam supported the market.
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By Jack Scoville |
April 30, 2013
Orange juice closed higher on stronger demand reports and despite forecasts for beneficial rains in Florida this week. The monthly Neilsen report released yesterday morning showed better demand for FCOJ.
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By Jack Scoville |
April 29, 2013
Cotton was slightly higher to finish the week. Rains are moving through the Delta and Southeast this week to slow planting progress, and farmers were reported to be actively planting in the north Texas region.
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By Jack Scoville |
April 25, 2013
Cotton could be planted instead of corn due to sinking grains prices.
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By Jack Scoville |
April 24, 2013
Coffee prices in general have been weak as traders anticipate another big crop out of Brazil starting the summer, and bears note that improved rains should help increase Vietnamese production potential this year.