PDF attached

 

Funds were less long for corn, soybeans and soybean oil while less short than expected for wheat and more short than expected for soybean oil.  We don’t see a price impact from the weekly COT report.

 

 

 

 

 

Reuters table

SUPPLEMENTAL      Non-Comm               Indexes                  Comm

                        Net        Chg        Net        Chg        Net        Chg

Corn               -19,230     -8,733    317,840     18,850   -236,128     -8,846

Soybeans           111,256      9,265    137,204       -408   -217,618    -11,967

Soyoil             -37,354     -3,996    103,727        606    -69,760     -1,105

CBOT wheat         -89,421     -5,625     75,110      1,049      7,783      3,657

KCBT wheat         -10,309       -109     42,485         70    -31,986        148

 

FUTURES + OPTS     Managed                 Swaps              Producer

                        Net        Chg        Net        Chg        Net        Chg

Corn                49,434     22,322    230,409      3,251   -246,614     -7,769

Soybeans           134,782      9,761     87,061     -2,446   -214,706     -8,166

Soymeal            105,682     10,003     90,575        314   -233,755    -12,609

Soyoil             -15,743     -3,178    108,008      2,168    -97,036     -2,275

CBOT wheat        -102,983      1,264     65,252      1,619      6,463      2,496

KCBT wheat          10,591      1,362     32,860       -321    -34,172        176

MGEX wheat              38       -207      1,226         19     -6,311       -296

                 ———- ———- ———- ———- ———- ———-

Total wheat        -92,354      2,419     99,338      1,317    -34,020      2,376

 

Live cattle        104,341     12,319     47,710       -367   -164,550    -10,817

Feeder cattle       11,012      2,670      1,263         81     -3,455     -1,610

Lean hogs          -24,570        -20     46,875         36    -24,179        231

 

                      Other             NonReport                  Open

                        Net        Chg        Net        Chg   Interest        Chg

Corn                29,253    -16,534    -62,483     -1,270  1,690,262      9,235

Soybeans            23,705     -2,260    -30,843      3,111    856,008    -26,737

Soymeal             17,807      3,370     19,691     -1,077    504,548     18,616

Soyoil               1,384     -1,210      3,387      4,495    523,252     -4,880

CBOT wheat          24,738     -6,296      6,529        918    458,928    -10,164

KCBT wheat          -9,090     -1,108       -190       -108    190,739     -2,342

MGEX wheat           3,980        -88      1,066        572     61,157     -2,727

                 ———- ———- ———- ———- ———- ———-

Total wheat         19,628     -7,492      7,405      1,382    710,824    -15,233

 

Live cattle         27,711      2,110    -15,210     -3,245    420,483     10,557

Feeder cattle        2,535       -699    -11,354       -442     74,254       -572

Lean hogs           -4,315       -989      6,189        742    331,978      3,340

 

 

 

Terry Reilly 
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
18W140 Butterfield Rd.
Suite 1450
Oakbrook terrace, Il. 60181
Work: 312.604.1366
ICE IM: treilly1
Skype IM: fi.treilly

treilly@futures-int.com 

FI_Logo.jpg

DISCLAIMER:

The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative.  The sources for the information and any opinions in this communication are believed to be reliable, but Futures International, LLC does not warrant or guarantee the accuracy of such information or opinions. This communication may contain links to third party websites which are not under the control of FI and FI is not responsible for their content. 

Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons.  All of these investment products are leveraged, and you can lose more than your initial deposit.  Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction.  The information provided here should not be relied upon as a substitute for independent research before making your investment decisions.  Futures International, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs.  All investors should obtain advice based on their unique situation before making any investment decision. Futures International, LLC and its principals and employees may take positions different from any positions described in this communication.  Past results are not necessarily indicative of future results.