From: Terry Reilly
Sent: Saturday, April 04, 2020 10:41:30 AM (UTC-06:00) Central Time (US & Canada)
Cc: Terry Reilly
Subject: FI Ag Commitment of Traders 04/04/20
PDF attached
CFTC Commitment of Traders
· As of 3/31/20
· Trade estimates for the daily estimate of traditional funds missed big for four of the five agriculture commodities we widely track.
· Funds were less long than estimated for corn by a large 38,900 contracts.
· For soybeans, meal and Chicago wheat funds were more long than expected, and the soybean oil funds position was much less long than predicted.
· Note this does not reflect some of the intensive selling the market saw during the last three days of this week. Going home Friday, we estimate the positions at:
· For the second week in a row, oats were not reported.
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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CommitFI040320.pdf