PDF attached
CFTC Commitment of Traders
Largest discrepancy in the Commitment of Traders reports was that the funds net long position was not as long as expected, by 19,700 contracts. The funds were also not as long as expected for soybeans, by 8,700. Both position results may have little impact on prices. The net long traditional fund position for corn was down a small amount as of last Tuesday and for soybeans the net long position is highest since July 13, 2021. Chicago wheat is headed to near a flat position for funds futures only if prices continue to decline.
CFTC via Reuters
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn 268,991 -13,799 438,828 4,594 -658,237 25,076
Soybeans 85,850 5,140 180,909 3,798 -227,666 -2,812
Soyoil 9,016 7,427 120,970 2,698 -137,078 -12,350
CBOT wheat -36,068 -5,570 124,628 3,214 -79,112 5,111
KCBT wheat 21,486 -8,166 59,571 -2,142 -84,508 8,229
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 365,905 -7,440 261,167 921 -648,855 25,468
Soybeans 98,919 839 140,056 5,299 -232,737 -4,504
Soymeal 70,768 9,606 87,067 51 -210,986 -7,660
Soyoil 53,188 7,794 91,223 -2,896 -141,957 -9,523
CBOT wheat -19,845 -8,071 77,397 3,892 -62,438 4,019
KCBT wheat 51,813 -7,593 24,792 -805 -72,213 7,369
MGEX wheat 9,481 -2,549 1,643 516 -20,667 3,505
———- ———- ———- ———- ———- ———-
Total wheat 41,449 -18,213 103,832 3,603 -155,318 14,893
Live cattle 72,346 2,743 80,277 -766 -155,806 -443
Feeder cattle 7,326 5,646 3,792 240 -1,997 -2,761
Lean hogs 55,674 -2,044 56,825 -394 -104,542 530
Other NonReport Open
Net Chg Net Chg Interest Chg
Corn 71,365 -3,077 -49,582 -15,872 1,865,691 22,589
Soybeans 32,855 4,491 -39,093 -6,126 789,340 21,901
Soymeal 25,888 -3,472 27,263 1,475 436,279 5,975
Soyoil -9,547 2,400 7,094 2,224 422,697 2,853
CBOT wheat 14,334 2,916 -9,448 -2,756 439,485 5,758
KCBT wheat -7,843 -1,049 3,451 2,078 247,064 2,544
MGEX wheat 6,860 -180 2,683 -1,292 77,161 -436
———- ———- ———- ———- ———- ———-
Total wheat 13,351 1,687 -3,314 -1,970 763,710 7,866
Live cattle 18,932 1,484 -15,750 -3,018 381,779 20,465
Feeder cattle 360 -76 -9,481 -3,050 49,318 3,076
Lean hogs 8,095 1,287 -16,053 621 264,825 1,877
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
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Suite 1450
Oakbrook Terrace, Il. 60181
W: 312.604.1366
ICE IM: treilly1
Skype: fi.treilly
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CommitFI010722.pdf