FW: FI Ag Commitment of Traders 02/21/20

PDF attached

 

CFTC Commitment of Traders

·         Another record net short position for soybean meal futures and options combined was established, at net short 72,468 contracts. 

·         Traditional funds F&O for soybean meal are approaching their record net short position. As of Tuesday, they were net short 39,377 contracts.  The record is 49,505 contracts as of early 2016. 

·         Funds still hold a good amount of net longs in Chicago wheat and as of Tuesday, the traditional funds were 11,000 contracts more long than estimated.  The net short position in soybean meal was 8,300 contracts more short than expected.  Corn and soybeans were near expectations while soybean oil net long was missed by 5,100 contracts. 

 

 

 

 

 

 

 

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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