PDF attached
CFTC Commitment of Traders
The CFTC Commitment of Trader report showed no major surprises this week as the traditional net positions came in near trade expectations. The net long position for corn of nearly 400,000 contracts was roughly 150,000 below record long and after today, stands at around 343,000 contracts. The soybean meal traditional net long fund position is around 44,000 contracts. Around mid-October funds were net short meal.
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn 250,399 18,303 409,407 3,910 -607,947 -21,934
Soybeans -3,737 12,701 196,671 2,046 -149,448 -10,175
Soyoil 30,280 -3,800 125,581 1,367 -165,393 -599
CBOT wheat -8,270 10,629 123,644 7,016 -106,928 -14,606
KCBT wheat 29,267 2,165 61,012 -458 -94,150 -4,395
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FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 341,135 21,526 231,339 -2,168 -588,039 -19,474
Soybeans 29,488 17,351 145,419 -3,321 -155,711 -8,949
Soymeal 37,488 28,189 86,940 -1,807 -180,548 -29,959
Soyoil 76,212 3,606 99,313 -1,040 -173,901 730
CBOT wheat 15,258 11,931 69,991 4,439 -85,245 -14,724
KCBT wheat 60,560 3,178 30,474 -2,578 -84,231 -1,517
MGEX wheat 14,963 -1,533 1,164 -31 -33,338 1,019
———- ———- ———- ———- ———- ———-
Total wheat 90,781 13,576 101,629 1,830 -202,814 -15,222
Live cattle 52,010 3,937 83,643 -223 -139,926 -2,005
Feeder cattle -4,551 -726 4,183 291 2,573 191
Lean hogs 46,872 6,456 59,084 -495 -97,034 -2,878
Other NonReport Open
Net Chg Net Chg Interest Chg
Corn 67,423 395 -51,858 -279 2,075,468 73,356
Soybeans 24,289 -510 -43,487 -4,572 785,185 19,618
Soymeal 26,872 2,401 29,247 1,175 519,884 20,712
Soyoil -11,157 -6,330 9,533 3,033 495,844 10,988
CBOT wheat 8,442 1,392 -8,446 -3,038 565,036 41,777
KCBT wheat -10,674 -1,772 3,871 2,689 273,576 8,616
MGEX wheat 10,188 222 7,022 323 82,158 -2,284
———- ———- ———- ———- ———- ———-
Total wheat 7,956 -158 2,447 -26 920,770 48,109
Live cattle 17,979 -548 -13,705 -1,162 350,878 7,898
Feeder cattle -282 -310 -1,925 554 49,179 2,247
Lean hogs 7,289 -3,474 -16,211 391 286,158 -406
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Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
18 W 140 Butterfield Rd.
Oakbrook Terrace, Il. 60181
W: 312.604.1366
ICE IM: treilly1
Skype: fi.treilly
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CommitFI111921.pdf