PDF attached
CFTC Commitment of Traders
No major surprises in the CFTC COT report. The corn position was less long than expected. Money managers were heavy sellers of corn for the week ending January 10. They unloaded 46,900 corn futures and options contracts. They also reduced net long positions for soybeans and soybean oil.
Reuters table
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn 77,454 -36,354 355,818 -5,252 -378,783 46,136
Soybeans 96,363 -3,829 121,780 -2,932 -178,269 5,976
Soyoil 28,241 -7,798 95,562 -4,779 -133,651 13,368
CBOT wheat -73,459 -10,660 98,234 -2,792 -22,747 11,399
KCBT wheat -23,951 -7,807 46,519 -458 -22,046 6,853
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 149,605 -46,852 218,958 -4,568 -372,866 46,347
Soybeans 131,704 -11,290 67,821 61 -166,462 7,385
Soymeal 142,711 833 72,065 -5,097 -250,120 462
Soyoil 54,614 -9,147 88,727 1,476 -156,604 9,793
CBOT wheat -63,134 -10,420 65,072 -1,566 -19,196 9,896
KCBT wheat -8,023 -9,780 36,345 1,174 -23,553 6,238
MGEX wheat -2,704 127 1,574 162 794 1,288
———- ———- ———- ———- ———- ———-
Total wheat -73,861 -20,073 102,991 -230 -41,955 17,422
Live cattle 91,489 8,727 48,008 -3,796 -137,100 -4,320
Feeder cattle 42 -302 2,531 5 3,004 -336
Lean hogs 22,735 -27,624 47,085 269 -61,408 18,175
Other NonReport Open
Net Chg Net Chg Interest Chg
Corn 58,792 9,603 -54,489 -4,530 1,481,932 11,999
Soybeans 6,810 3,060 -39,874 784 727,769 23,773
Soymeal 12,549 576 22,796 3,224 454,472 8,859
Soyoil 3,415 -1,331 9,848 -791 408,665 1,711
CBOT wheat 19,287 37 -2,028 2,051 394,847 6,675
KCBT wheat -4,247 956 -522 1,412 176,931 11,977
MGEX wheat 1,747 -733 -1,411 -844 57,437 2,366
———- ———- ———- ———- ———- ———-
Total wheat 16,787 260 -3,961 2,619 629,215 21,018
Live cattle 9,584 -796 -11,982 186 385,715 -13,678
Feeder cattle -1,026 1,010 -4,551 -379 56,237 1,852
Lean hogs -2,708 1,663 -5,704 7,518 255,641 7,767
Terry Reilly
Futures International
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CommitFI011323.pdf