PDF attached
CFTC Commitment of Traders Report
The got it wrong for the fund position for corn and soybean oil, by a mile. Funds sold more than 55,000 contracts and 40,000 contracts than expected by trade estimates. Funds and managed money were large sellers for the week ending December 6 for corn and soybean oil, yet open interest went up for that period.
Reuters table
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn 32,765 -76,615 358,503 -4,646 -352,865 87,394
Soybeans 53,682 1,441 120,022 -7,382 -142,116 10,787
Soyoil 32,867 -34,717 99,277 -6,372 -145,051 40,770
CBOT wheat -71,771 -6,379 99,826 -2,937 -26,505 8,158
KCBT wheat -10,288 -9,268 46,486 -1,320 -33,725 11,697
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 120,213 -71,418 236,631 -1,175 -356,614 84,313
Soybeans 99,454 -2,650 71,684 -7,596 -133,162 11,226
Soymeal 98,509 23,648 80,529 -2,386 -221,016 -19,464
Soyoil 62,584 -42,920 80,434 501 -161,011 37,971
CBOT wheat -63,382 -9,314 63,906 -401 -20,450 8,109
KCBT wheat 9,729 -7,400 35,108 -411 -35,410 11,416
MGEX wheat -3,048 -1,619 1,759 285 1,061 3,527
———- ———- ———- ———- ———- ———-
Total wheat -56,701 -18,333 100,773 -527 -54,799 23,052
Live cattle 59,317 -526 55,213 1,286 -118,064 2,344
Feeder cattle -3,246 4,989 2,858 -73 5,111 -1,843
Lean hogs 49,754 8,271 44,802 -236 -73,913 -4,901
Other NonReport Open
Net Chg Net Chg Interest Chg
Corn 38,174 -5,588 -38,404 -6,132 1,486,178 32,911
Soybeans -6,388 3,868 -31,588 -4,846 719,341 -2,272
Soymeal 20,932 -964 21,045 -834 427,153 32,560
Soyoil 5,085 4,128 12,908 319 485,549 5,563
CBOT wheat 21,476 448 -1,548 1,158 404,705 36,923
KCBT wheat -6,956 -2,497 -2,473 -1,107 159,860 5,582
MGEX wheat 2,380 -624 -2,151 -1,569 48,036 2,179
———- ———- ———- ———- ———- ———-
Total wheat 16,900 -2,673 -6,172 -1,518 612,601 44,684
Live cattle 11,837 -1,689 -8,304 -1,415 346,671 -7,786
Feeder cattle -1,219 659 -3,504 -3,733 56,908 -1,641
Lean hogs -9,897 -1,771 -10,747 -1,363 262,607 -2,021
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
18 W 140 Butterfield Rd.
Oakbrook Terrace, Il. 60181
W: 312.604.1366
ICE IM: treilly1
Skype: fi.treilly
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CommitFI120922.pdf