From: Terry Reilly
Sent: Friday, June 29, 2018 5:00:24 PM (UTC-06:00) Central Time (US & Canada)
Cc: Terry Reilly
Subject: FI Ag Commitment of Traders 06/29/18
· The net “fund” corn position, as reported in the Index report broke out, reversed from net long to net short.
· Still trade estimates were well off when trying to predict the daily changes in fund positions. Funds were 72,600 contracts more short in the net long position for the traditional funds in corn. They were also 30,900 contracts less long for the fund position in soybeans.
· The traditional funds for futures only soybeans were net long 1,300 contracts as of Tuesday, down from 58,200 contracts net long from the previous week.
· The managed money position for soybeans has extended its short position over a short period of time.
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
ICE IM: treilly1
Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Futures International, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Futures International, LLC does not warrant or guarantee the accuracy of such information or opinions. Futures International, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results.