Jack Scoville | TalkMarkets | Page 1
Broker and Analyst
Contributor's Links: The Price Futures Group
Mr. Scoville is a futures market analyst specializing in grains, softs, rice, oilseeds, and tropical products such as coffee and sugar. He offers brokerage services to an international clientele of agricultural producers, processors, exporters, and other professional traders. Jack writes daily ...more

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Softs Report - Friday, Feb. 23
FCOJ closed higher on what appeared to be speculative buying.
Grains Report - Thursday, Feb. 22
Soybeans and the products were lower and trends remain sideways to down on the daily charts.
Softs Report - Thursday, Feb. 22
Cotton closed higher yesterday and mostly recovered the losses seen the day before.
Grains Report - Tuesday, Feb. 20
Rice closed lower despite strong demand for export as USDA showed increased production potential and increased ending stocks ideas in its Outlook Forum.
Softs Report - Thursday, Feb. 15
Cotton closed higher and the price action was strong and attempted to confirm the new up trend after a big sideways pattern of trade on the daily charts.
Softs Report - Wednesday, Feb. 14
FCOJ closed mostly higher in consolidation trading from the limit down move seen on Monday. The daily charts suggest once again that the market is finding a high area.
Grains Report - Monday, Feb. 12
Wheat was lower last week on big world supplies and low world prices.
Softs Report - Monday, Feb. 12
Cotton closed higher last week and above strong resistance on the weekly charts in response to a reduction in ending stocks estimates from USDA.
Grains Report - Friday, Feb. 9
Rice closed higher yesterday and trends remain up again on the daily charts.
Softs Report - Thursday, Feb. 8
Cotton closed higher again on speculator buying tied to positioning before the USDA WASDE reports that will be released later today.
Softs Report - Wednesday, Feb. 7
FCOJ closed higher as the big rally came back to life. The moves implies that the long liquidation that had forced prices lower had come to a dramatic end.
Grains Report - Tuesday, Feb. 6
Wheat was a little lower yesterday on strength in the US Dollar and weakness in prices in Russia and Europe.
Softs Report - Tuesday, Feb. 6
Cotton closed higher last week on speculator buying tied to another week of strong and signs of a robust US economy.
Softs Report - Monday, Feb. 5
FCOJ closed sharply higher on follow-through buying and no real selling interest.
Softs Report - Thursday, Feb. 1
Cotton closed higher on speculator buying.  The charts indicate a sideways range, but the ability of prices to move higher inside of that range.
Grains Report - Wednesday, Jan. 31
Rice closed higher again on follow-through buying from the rally that started late last week.
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