From: Terry Reilly
Sent: Friday, January 31, 2020 3:00:46 PM (UTC-06:00) Central Time (US & Canada)
Cc: Terry Reilly
Subject: FI Ag Commitment of Traders 01/31/20
CFTC Commitment of Traders
· No major surprises for the week ending January 28.
· Traders were more long in corn, soybeans, meal and oil than expected.
· Money managers added 38,300 net long contracts in corn. Keep in mind the week change for corn ending Jan 28 was down only 2.5 cents.
· Money managers sold a good amount of soybeans, so unwinding of soybean/corn spreads could have been a feature.
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
ICE IM: treilly1
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