Fund positions (from last week) July 6, 2020
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Started by metmike - July 6, 2020, 6:26 p.m.

metmike:  Massive buyers of corn!


@kannbwx

Managed money, June 23 Rightwards arrow June 30, net position (# of fut+opt contracts):

#Corn -277k Rightwards arrow -202k

#Soybeans +44.3k Rightwards arrow +67.8k CBOT 

#wheat -48.2k Rightwards arrow -38.8k KC -37.3k Rightwards arrow -36.7k

 Minne -13.9k Rightwards arrow -17.7k

#Soymeal -46k Rightwards arrow -52.5k

#Soyoil -721 Rightwards arrow +847#Cotton +4.9k Rightwards arrow +8.9kImageImageImageImage


For #corn, that's a net move of +75,831 f+o contracts on the week, the most for a week since June 4, 2019. 

That's in the top 20 of all time, but much smaller than the leaders:

 1) May 21, 2019 +166,189 

2) June 30, 2015 +165,128

 3) July 11, 2017 +147,679

Comments
By metmike - July 6, 2020, 6:47 p.m.
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COT (managed money) on #commodities covering wk to June 30 saw broad fund buying across all sectors. Just six out 24 major futures contracts were sold with the top buys being: #corn (+75.8k lots), #natgas (+25.7k), #soybeans (-23.5k) , #copper (+10.3k) and #Brent (12.4k) #OOTT

Replying to 

@Ole_S_Hansen

COT on energy in wk to June 30: #crudeoil #gasoline #natgas

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COT on metals in wk to June 30: #gold #silver #copper #platinum

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COT on #grains in wk to June 30: #corn #soybeans #wheat

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Łukasz Dębski

@smartcapital_ld

 ·

If history is any indication then #Gold may be heading for 3500 USD by 2022. Last time $Gold rallied after FED policy change in 2008 it took only 3 years to grow +180%. After #FederalReserve  policy change in 2019 the same growth will be reached in 2022.

S

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7-Day rainfall for the Midwest - actual & as % of normal, compliments of Commodity Weather Group. #corn #soybeans #oatt

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COT (managed money) on #commodities covering wk to June 30 saw broad fund buying across all sectors. Just six out 24 major futures contracts were sold with the top buys being: #corn (+75.8k lots), #natgas (+25.7k), #soybeans (-23.5k) , #copper (+10.3k) and #Brent (12.4k) #OOTT

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