Weekend Wrap Up (12.1.18)

Published on: 16:37PM Dec 01, 2018

Weekend Wrap Up

 

December 1, 2018

 

Corn

 

Last Week’s Close:  March corn futures finished Friday’s session up 3 ½ cents, extending gains for the week to 6 ½ cents.  Futures traded in a 10 ¾ cent range through the week.  Friday’s Commitment of Traders report showed funds sold 21,202 futures through November 27th, expanding their net short position to 31,054 contracts.

 

Quick Take:  To get our full report emailed to you, click HERE or email [email protected]

 

Soybeans

 

Last Week’s Close:  January soybean futures finished Friday’s session up 6 cents, extending gains for t he week to 12 ½ cents.  Futures traded in a 39 ½ cent range through the week.  Friday’s Commitment of Traders report showed funds sold 6,124 futures through November 27th, expanding their net short position to 59,303 contracts.

 

Quick Take:  To get our full report emailed to you, click HERE or email [email protected]

 

 

Wheat

 

Last Week’s Close:  March wheat futures finished Friday’s session up 7 ¾ cents, extending gains for the week to 9 cents.  Futures traded in a 15 ¼ cent range through the week.  Friday’s Commitment of Traders report showed funds bought 898 futures through November 27th, narrowly trimming their net short position to 38,744 contracts.

 

Quick Take:  To get our full report emailed to you, click HERE or email [email protected]

 

Live Cattle

 

Last Week’s Close:  February live cattle finished Friday’s session up .225, trimming losses for the week to .75.  Futures traded in a range of 3.05 through the week.  Friday’s Commitment of Traders report showed funds bought 7,669 futures through November 27th, expanding their net long position to 62,004 contracts.

 

Quick Take:  To get our full report emailed to you, click HERE or email [email protected]

 

Feeder Cattle

 

Last Week’s Close:  January feeder cattle finished Friday’s session down .75, extending losses for the week to 4.25.  Futures traded in a range of 5.25 through the week.  Friday’s Commitment of Traders report showed funds bought 1,265 futures through November 27th, trimming their net short position to 3,387 contracts.

 

Quick Take:  To get our full report emailed to you, click HERE or email [email protected]

 

Lean Hogs

 

Last Week’s Close:  February lean hogs finished Friday’s session up .125, trimming losses for the week to .60.  Futures traded in a range of 4.125 through the week.  Friday’s Commitment of Traders report showed funds sold 876 futures through November 27th, trimming their net long position to 41,222 contracts. 

 

Quick Take:To get our full report emailed to you, click HERE or email [email protected]

 

 

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.