From: Terry Reilly
Sent: Friday, January 31, 2020 3:00:46 PM (UTC-06:00) Central Time (US & Canada)
Cc: Terry Reilly
Subject: FI Ag Commitment of Traders 01/31/20

PDF attached

 

CFTC Commitment of Traders

·         No major surprises for the week ending January 28.

·         Traders were more long in corn, soybeans, meal and oil than expected.

·         Money managers added 38,300 net long contracts in corn. Keep in mind the week change for corn ending Jan 28 was down only 2.5 cents. 

·         Money managers sold a good amount of soybeans, so unwinding of soybean/corn spreads could have been a feature. 

 

 

 

 

 

 

 

 

Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

Futures International │190 S LaSalle St., Suite 410│Chicago, IL  60603

W: 312.604.1366

treilly@futures-int.com

AIM: fi_treilly

ICE IM:  treilly1

Skype: fi.treilly

 

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