World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

For the third straight week, Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The move came primarily from continued short covering in the soy complex, with modest buying activity in wheat and corn. Funds are now essentially neutral across aggregate ag markets, holding a minor short of 17,000 contracts. The short-covering trend defies the bearish fundamental outlook but follows the current technical strength, leaving a mixed outlook for the early fall.  Through last Tuesday’s CFTC reporting deadline, funds were bullish ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Caution About Supplies, Confidence in Demand

Although the soy complex and wheat opened lower, there was confidence in the corn number and by late morning most major contracts were in the green, aided by shorts that were selling at the end of the month to book profits. December HRS printed a new contract low today. There was high volume tr...

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From WPI Consulting

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