By: Dan Hueber – Snow in the northern reaches of this country and rain in the south, virtually assures that we will see little progress with fieldwork or planting in the next few days ahead in the U.S. Are the markets concerned? Obviously not, as this morning we have grains…
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Commitments of Traders Analysis – Corn and Soybeans
By: Jeff Kaprelian Corn It was an interesting week, as commercials were net buyers on declining open interest. They sold out of 2,878 longs and bought back 38,531 shorts. Funds were net sellers on a pretty big increase in open interest. They added 38,834 new shorts and 4,329 new longs….
Commitments of Traders Analysis – Corn and Soybeans
By: Jeff Kaprelian – Corn Commercial buying/fund selling continued this last week. Commercials were net buyers of 10,615 contracts. 8,131 of which were new longs while 2,484 were reductions in shorts. Funds added 6,276 new shorts and bought sold 4,702 existing longs to the net effect of selling 10,978 contracts….
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains fell across the board as traders continue to focus on the size of the South American crop. This afternoon estimates of the Argentine soy crop were released by the Buenos Aires Grains Exchange. They raised their outlook from 54.8 MMT to 56.5 MMT after citing…