PDF attached
Commitment of Traders
The trade really missed the estimate for the traditional fund corn position. Traditional funds as of 9/1 were net long 61,300 contracts, instead of an estimated net short 3,400 contracts. They trimmed their net short position and went long by adding net longs of 78,600 contracts in one week! December corn was around $3.5450 on August 25. On Tuesday (9/1) it settled at $3.58.
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn -27,974 58,895 332,723 15,690 -260,244 -57,092
Soybeans 126,786 49,564 190,245 3,837 -312,470 -49,344
Soyoil 60,263 14,701 110,338 972 -189,314 -22,593
CBOT wheat 7,983 26,139 133,441 -105 -118,786 -22,620
KCBT wheat -1,308 20,360 60,113 3,820 -63,228 -24,806
=================================================================================
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 18,659 80,148 173,886 1,777 -220,849 -57,414
Soybeans 162,607 53,319 118,391 -7,786 -309,923 -44,380
Soymeal 15,871 12,311 81,849 -592 -138,772 -15,199
Soyoil 81,557 13,867 90,343 -2,964 -206,010 -21,602
CBOT wheat 32,469 30,953 89,376 -7,902 -113,787 -20,495
KCBT wheat 3,160 24,276 48,394 -1,983 -61,958 -22,723
MGEX wheat -10,052 7,264 2,156 87 5,406 -4,821
———- ———- ———- ———- ———- ———-
Total wheat 25,577 62,493 139,926 -9,798 -170,339 -48,039
Live cattle 58,029 -4,073 83,430 -853 -145,455 5,033
Feeder cattle 6,190 -986 4,632 -244 -5,696 182
Lean hogs 28,777 1,575 48,031 21 -78,439 -1,133
Other NonReport
Source: Reuters and CFTC
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
W: 312.604.1366
AIM: fi_treilly
ICE IM: treilly1
Skype: fi.treilly
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CommitFI090420.pdf