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CFTC Positioning Update: Big Increase in Long-Commodity Trades. Copper 🚀 https://t.co/vX46o1oHNw
COT on #commodities covering managed money activity in the week to May 21. More in our update Monday. https://t.co/3liaH6fkEd
COT on softs: Having just gone through a painful long liquidation phase, #coffee's 8% rally triggered a surprisingly weak response from hedge funds. The #sugar short doubled to a four-year high at -38.4k while the #cotton short reached a 14-month high at -23.4k. https://t.co/gWRn5SCvkq
Money managers increased their net-length in WTI crude oil futures and options by 43,540 contracts to 172,286 in the week ending May 21. Long-only positions rose by 18,804 while short-only positions fell by 24,736. Other reportables net-length fell by 22,136. Hedge funds have been covering their massive short bets across the Grain and Oilseed markets, with non-commercial traders buying agriculture futures during five of the past six weeks, resulting in the smallest net short position this year.