PDF attached
The trade really missed it with the estimated net long position for the traditional and managed money net long position for corn.
Reuters table
SUPPLEMENTAL Non-Comm Indexes Comm
Net Chg Net Chg Net Chg
Corn -63,782 47,039 318,468 15,012 -196,595 -54,214
Soybeans 27,786 28,903 109,674 1,649 -109,657 -27,190
Soyoil -15,882 17,616 115,091 10,414 -97,118 -28,392
CBOT wheat -102,396 4,308 74,967 943 19,721 -6,091
KCBT wheat -10,975 -2,882 40,159 1,078 -23,643 2,418
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Corn 2,145 46,636 233,118 -6,940 -207,452 -50,355
Soybeans 47,882 33,901 72,257 -4,988 -98,419 -19,300
Soymeal 60,608 -5,208 92,217 -194 -192,358 2,903
Soyoil 8,748 27,055 114,801 523 -126,824 -29,384
CBOT wheat -113,430 6,044 70,792 451 17,375 -6,785
KCBT wheat 3,616 -3,489 34,907 1,792 -26,221 1,779
MGEX wheat -7,422 1,552 954 455 4,430 -386
———- ———- ———- ———- ———- ———-
Total wheat -117,236 4,107 106,653 2,698 -4,416 -5,392
Live cattle 119,921 5,285 49,392 935 -175,541 -5,592
Feeder cattle 19,486 1,416 1,117 -28 -8,963 -653
Lean hogs -4,630 11,543 50,369 -1,141 -40,428 -6,284
Other NonReport Open
Net Chg Net Chg Interest Chg
Corn 30,280 18,497 -58,090 -7,838 1,775,421 -9,951
Soybeans 6,083 -6,249 -27,802 -3,363 845,019 -9,053
Soymeal 24,497 4,433 15,036 -1,933 575,837 24,069
Soyoil 5,367 1,445 -2,092 361 607,403 -3,209
CBOT wheat 17,555 -548 7,707 838 465,331 -23,832
KCBT wheat -6,760 534 -5,541 -615 203,293 -8,894
MGEX wheat 1,817 -411 221 -1,211 61,428 -1,784
———- ———- ———- ———- ———- ———-
Total wheat 12,612 -425 2,387 -988 730,052 -34,510
Live cattle 24,897 3,207 -18,669 -3,833 425,594 13,750
Feeder cattle 1,650 -192 -13,290 -543 78,384 -766
Lean hogs -3,337 -716 -1,974 -3,402 307,580 -17,530
| Terry Reilly Senior Commodity Analyst – Grain and Oilseeds |
| Futures International One Lincoln Center 18W140 Butterfield Rd. Suite 1450 Oakbrook terrace, Il. 60181 |
| Work: 312.604.1366 ICE IM: treilly1 Skype IM: fi.treilly |
| treilly@futures-int.com
|
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CommitFI061623.pdf