A Mixed Bag For Traders

September 3, 2010 10:28 AM

Amidst falling open interest, it was a mixed bag who was adding to long and short positions. 

In corn, the non-commercial speculators almost 9% to their long position (24,000 contracts). Commercials added 5,000 contracts to their short position and index traders sold off a few long positions, leaving them holding 496,062.

In soybeans, the speculative side sold, while commercials bought. Both non-commercials and index traders added to their long positions—a total of more than 10,000 contracts. Commercials reduced their short position by 14,000, leaving them at 250,824.

In wheat, non-commercial positions are almost negligible at 1,466 long. Commercials reduced their short position by 5,000 and index traders reduced their long position by 3,500. 


Back to news


Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by QTInfo.com
Brought to you by Beyer