Corn
- Last week the funds bought 28,922 contracts leaving their position at 354,436
- 10 Year Max Short (322,215) 10 Year Max Long 429,189
- 2022 Min Long 326,523 (1/18/22) 2022 Max Long 372,551 (2/1/22)
Soybeans
- Last week funds bought 4,962 brining positions to 180,334 (New High for the Year)
- 10 Year Max Short (168,835) 10 Year Max Long 253,889
- 2022 Min Long 98,919 (1/4/22) 2022 Max Long 180,334 (2/22/22)
Chicago Wheat
- Last week funds bought 16,605 CHI Wheat landing their position at (18,053)
- 10 Year Max Short (162,327) 10 Year Max Long 80,827
- 2022 Max Short (29,552) (2/8/22) 2022 Min Short (13,427) (1/25/22)
Live Cattle
- Funds sold 628 Live cattle last week, bringing position to 85,433
- 10 Year Max Short (47,428) 10 Year Max Long 108,778
- 2022 Min Long 49,321 (1/25/22) 2022 Max Long 85,433 (2/22/22)
Lean Hogs
- Funds sold 2,281 Lean Hogs last week brining their position to 76,961
- 10 Year Max Short (47,428) 10 Year Max Long 108,778
- 2022 Min Long 48,795 (1/18/22) 2022 Max Long 79,961 (2/15/2022)
Last week the funds were buyers in the grains with the largest advance coming in the corn. There are a lot of factors at play between weather overseas and the continued unrest between Russia and the Ukraine. On the other hand funds lightly sold the cattle and decreased their position heavily in the Lean Hogs.
Looking to Trade or Hedge Commodities? Please reach out and let’s chat…
David Ericson
712.435.7402
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