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Markets Extra

Producer, merchant positions in ags for week to February 25

Markets Extra29 Feb 2020by Markets Extra

Below, revised details of the shifts in producer, merchant, processor and user positioning in US-traded agricultural commodities, in the week to February 25.

Data are for futures and options combined, and sourced from the Commodity Futures Trading Commission.

Analysis of the previous week’s data are available by clicking here.

Producer, merchant net positioning in grains and oilseeds
Contract	Gross long position	Week-on-week change, gross long	Gross short position	Week-on-week change, gross short	Net long position	Week-on-week change, net long
Kansas City wheat	56,859	-2,743	108,779	-12,019	-51,920	+9,276
Chicago soymeal	148,917	-7,893	209,437	-11,490	-60,520	+3,597
Chicago soybeans	297,395	-32,834	368,179	-32,530	-70,784	-304
Chicago wheat	42,768	-4,745	134,932	-19,285	-92,164	+14,540
Chicago soyoil	132,550	+999	270,289	-15,664	-137,739	+16,663
Chicago corn	474,114	-9,042	685,583	-33,931	-211,469	+24,889
Data in number of contracts

Producer, merchant net positioning in New York-traded soft commodities
Contract	Gross long position	Week-on-week change, gross long	Gross short position	Week-on-week change, gross short	Net long position	Week-on-week change, net long
Arabica coffee	124,239	-4,884	157,677	-4,161	-33,438	-723
Cotton	32,484	-1,885	111,951	-9,582	-79,467	+7,697
Cocoa	87,404	+300	176,699	+1,150	-89,295	-850
Raw sugar	393,297	-47,071	740,331	-14,243	-347,034	-32,828
Data in number of contracts

Contract	Gross long position	Week-on-week change, gross long	Gross short position	Week-on-week change, gross short	Net long position	Week-on-week change, net long
Feeder cattle	6,419	-1,248	7,254	-394	-835	-854
Lean hogs	61,953	-4,517	132,317	+798	-70,364	-5,315
Live cattle	55,825	+8,113	174,703	-8,916	-118,878	+17,029
Data in number of contracts

+

Contract	Gross long position	Week-on-week change, gross long	Gross short position	Week-on-week change, gross short	Net long position	Week-on-week change, net long
Livestock	124,197	+2,348	314,274	-8,512	-190,077	+10,860
Soft commodities	637,424	-53,540	1,186,658	-26,836	-549,234	-26,704
Grain and oilseeds	1,152,603	-56,258	1,777,199	-124,919	-624,596	+68,661
Overall position	1,914,224	*-107,450*	3,278,131	*-160,267*	-1,363,907	*+52,817*
Data in number of contracts

* = most extreme on data going back to 2006

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