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

treilly@futures-int.com

AIM: fi_treilly

ICE IM:  treilly1

Skype: fi.treilly

 

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