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The weekend report was delayed due to the CFTC releasing the report on November 30 because of the Thanksgiving Holiday.

The time frame for the current Commitments of Traders report is from Wednesday November 18 through Tuesday November 24.

Soybeans:

For the week, January soybeans advanced 15.50 cents, March +15.00, May +15.00. The COT report revealed that managed money liquidated 3,136 of their long positions and added 78 contracts to their short positions. Commercial interests added 7,690 to their long positions and also added 3,328 to their short positions. As of the latest report, managed money is short soybeans by a ratio of 1.90:1, up from the previous week of 1.80:1 and the ratio two weeks ago of 1.77:1.

During the past week, January, March and May soybeans recorded new contract lows of 8.44 1/4, 8.47, and 8.53 1/2 respectively.

Soybean meal:

For the week, January soybean meal advanced 80 cents, March +2.10, May +2.30. The COT report revealed that managed money liquidated 3,314 of their long positions and added 8,355 to their short positions. Commercial interests added 9,058 to their long positions and liquidated 15,899 of their short positions. As of the latest report, managed money is short soybean meal by a ratio of 1.44:1, up from the previous week of 1.20:1 and a substantial increase from two weeks ago of 1.04:1.

During the past week, January, March and May soybean meal recorded new contract lows of 278.70, 279.60, and 282.10 respectively.

Soybean oil: On November 27, January and March soybean oil generated short and intermediate term buy signals.

For the week, January soybean oil advanced 90 points, March +91, May +86. The COT report revealed that managed money added 3,872 to their long positions and liquidated 14,274 of their short positions. Commercial interests liquidated 7,761 of their long positions and added 9,380 to their short positions. As of the latest report, managed money is long soybean oil by a ratio of 1.41:1, up substantially from the previous week of 1.04:1 and a complete reversal from two weeks ago when managed money was short soybean oil by ratio of 1.004:1.

Corn:

For the week, March corn lost 2.50 cents, May -2.50, July -2.25. The COT report revealed that managed money liquidated 11,191 of their long positions and added 16,844 to their short positions. Commercial interests liquidated 21,376 of their long positions and also liquidated 60,853 of their short positions. As of the latest report, managed money is short corn by a ratio of 1.67:1, up from 1.47:1 the previous week and a substantial increase from the ratio two weeks ago of 1.29:1.

Chicago wheat:

For the week, March Chicago wheat lost 11.00 cents, May -8.00, July -4.50. The COT report revealed that managed money liquidated 558 of their long positions and added 1,754 to their short positions. Commercial interests liquidated 13,797 of their long positions and also liquidated 12,076 of their short positions. As of the latest report, managed money is short Chicago wheat by a ratio of 1.87:1, up from the previous week of 1.82:1 and a substantial increase from two weeks ago of 1.37:1.

Kansas City wheat:

For the week, March Kansas City wheat lost 4.00 cents, May -3.75, July -3.25. The COT report revealed that managed money added 575 contracts to their long positions and also added 1,716 to their short positions. Commercial interests liquidated 1,161 of their long positions and also liquidated 4,391 of their short positions. As of the latest report, managed money is short Kansas City wheat by a ratio of 1.66:1, up fractionally from the previous week of 1.64:1 and the ratio two weeks ago of 1.56:1.

During the past week, March, May, and July Kansas City wheat recorded new contract lows of 4.65 1/2, 4.76 3/4, and 4.87 1/2 respectively.

Cotton:

For the week, March cotton advanced 1.10 cents, May +88 points, July +77. The COT report revealed that managed money liquidated 5,158 of their long positions and added 1,458 to their short positions. Commercial interests added 1,148 to their long positions and liquidated 7,786 of their short positions. As of the latest report, managed money is long cotton by a ratio of 2.72:1, down from the previous week of 3.29:1 and the ratio two weeks ago of 3.01:1.

Sugar:

For the week, March sugar lost 33 points, May -37, July -37. The COT report revealed that managed money added 19,772 to their long positions and liquidated 4,803 of their short positions. Commercial interests liquidated 5,402 to their long positions and added 17,498 to their short positions. As of the latest report, managed money is long sugar by a ratio of 3.79:1 up sharply from the previous week’s ratio of 3,12:1 and the ratio two weeks ago of 2.88:1.

Coffee:

For the week, March coffee lost 80 ticks, May -80, July -85. The COT report revealed that managed money liquidated 143 of their long positions and also liquidated 8,560 of their short positions. Commercial interests liquidated 8,108 of their long positions and also liquidated 554 of their short positions. As of the latest report, managed money is short coffee by a ratio of 1.73:1, down from the previous week’s ratio of 2.05:1 (the high ratio thus far during the course of the bear market) and the ratio two weeks ago of 1.86:1.

Cocoa:

For the week, March cocoa lost $58.00, May -55.00, July -52.00. The COT report revealed that managed money added 6,292 to their long positions and also added 3,493 to their short positions. Commercial interests added 368 contracts to their long positions and also added 939 to their short positions. As of the latest report, managed money is long cocoa by a ratio of 2.63:1, down from the previous week of 2.74:1 and the ratio two weeks ago of 2.67:1.

Live cattle:

For the week, February live cattle advanced 1.83 cents, April +1.37, June +77 points. The COT report revealed that managed money added 3,768 to their long positions and also added 911 to their short positions. Commercial interests liquidated 119 of their long positions and added 1,675 to their short positions. As of the latest report, managed money is long live cattle by a ratio of 1.16:1, up from the previous week of 1.11:1 and the ratio two weeks ago of 1.14:1.

Lean hogs:

For the week, February lean hogs lost 65 points, April -1.77 cents, June -1.52. The COT report revealed that managed money liquidated 4,129 of their long positions and added 840 to their short positions. Commercial interests added 1,535 to their long positions and liquidated 2,570 of their short positions. As of the latest report, managed money is long lean hogs by a ratio of 1.12:1, down from the previous week of 1.23:1 and the ratio two weeks ago of 1.39:1.

WTI crude oil:

For the week, January WTI crude oil lost 19 cents, February -13, March -13. The COT report revealed that managed money liquidated 16,126 of their long positions and added 8,724 to their short positions. Commercial interests liquidated 9,735 of their long positions and also liquidated 5,298 of their short positions. As of the latest report, managed money is long WTI crude oil by a ratio of 1.52:1, down from the previous week’s ratio of 1.70:1 and a substantial decrease from the ratio two weeks ago of 2.00:1.

Heating oil:

For the week, January heating oil lost 1.88 cents, February -1.80, March -1.52. The COT report revealed that managed money liquidated 2,054 their long positions and added 5,458 to their short positions. Commercial interests liquidated 10,127 of their long positions and also liquidated 12,658 of their short positions. As of the latest report, managed money is short heating oil by a ratio of 3.30:1, up substantially from the previous week of 2.73:1 and a dramatic increase from two weeks ago of 2.32:1.

The current short ratio of 3.30:1 is the highest recorded during the course of the bear market in heating oil which began in July 2014.

Gasoline:

For the week, January gasoline advanced 6.96 cents, February +5.88, March +5.68. The COT report revealed that managed money added 9,037 to their long positions and liquidated 7,318 of their short positions. Commercial interests liquidated 5,102 of their long positions and added 13,398 to their short positions. As of the latest report, managed money is long gasoline by a ratio of 1.34:1, which is a complete reversal from the previous week when they were short by ratio of 1.02:1. Two weeks ago, managed money was long gasoline by ratio of 1.39:1.

Natural gas:

For the week, January natural gas lost 7.9 cents, February -7.3, March -6.0. The COT report revealed that managed money added 4,732 to their long positions and liquidated 15,699 of their short positions. Commercial interests liquidated 6,978 of their long positions and also liquidated 1,277 of their short positions. As of the latest report, managed money is short natural gas by a ratio of 1.98:1, down from the previous week of 2.11:1 and the ratio two weeks ago of 2.16:1.

During the past week, January, February and March natural gas recorded new contract lows of $2.205, 2.258, and 2.270 respectively.

Copper:

For the week, March copper lost 20 ticks. The COT report revealed that managed money added 1,166 to their long positions and also added 3,493 to their short positions. Commercial interests liquidated 290 of their long positions and also liquidated 3,043 of their short positions. As of the latest report, managed money is short copper by a ratio of 2.01:1, up from the previous week of 1.97:1 and a substantial increase from the ratio two weeks ago of 1.55:1.

During the past week, March copper recorded a new contract low of $2.0020

Palladium:

For the week, March palladium lost $8.55. The COT report revealed that managed money liquidated 721 of their long positions and added 1,403 to their short positions. Commercial interests added 925 to their long positions and also added 19 to their short positions. As of the latest report, managed money is long palladium by a ratio of 2.36:1, down from the previous week of 3.31:1 and a substantial reduction from the ratio two weeks ago of 4.38:1.

Platinum:

For the week, January platinum lost $20.10. The COT report revealed that managed money liquidated 1,090 of their long positions and added 3,237 to their short positions. Commercial interests added 793 to their long positions and liquidated 1,922 of their short positions. As of the latest report, managed money is long platinum by a ratio of 1.21:1, down from the previous week of 1.45:1 and a substantial reduction from the ratio two weeks ago of 2.43:1.

During the past week, January platinum recorded a new contract low of $833.50.

Gold:

For the week, February gold lost $20.30. The COT report revealed that managed money added 549 to their long positions and also added 3,290 to their short positions. Commercial interests added 546 to their long positions and liquidated 7,975 of their short positions. As of the latest report, managed money a short gold by a ratio of 1.18:1, up from the previous week of 1.15:1 and a complete reversal from two weeks ago when managed money was long gold by ratio of 1.23:1.

During the past week, February gold recorded a new contract low of 1051.60.

Silver:

For the week, March silver lost 7.8 cents. The COT report revealed that managed money added 1,003 contracts to their long positions and also added 3,350 to their short positions. Commercial interests added 1,487 to their long positions and liquidated 1,897 of their short positions. As of the latest report, managed money is long silver by a ratio of 1.23:1, down from the previous week of 1.31:1 and a substantial reduction from the ratio two weeks ago of 1.96:1.

During the past week, March silver recorded a new contract low of $13.890.

Canadian dollar:

For the week, the December Canadian dollar lost 9 pips. The COT report revealed that leverage funds liquidated 6,088 of their long positions and added 3,611 to their short positions. As of the latest report, leverage funds are short the Canadian dollar by a ratio of 2.18:1, up sharply from the previous week of 1.48:1 and the ratio two weeks ago of 1.54:1.

Australian dollar: On November 25, the December and March Australian dollar generated short and intermediate term buy signals. 

For the week, the December Australian dollar lost 43 pips. The COT report revealed that leverage funds added 717 to their long positions and liquidated 4,459 of their short positions. As of the latest report, leverage funds are short the Australian dollar by a ratio of 2.28:1, down from the previous week of 2.61:1 and slightly above the ratio two weeks ago of 2.25:1.

Swiss franc:

For the week, the December Swiss franc lost 1.03 cents. The COT report revealed that leverage funds liquidated 327 of their long positions and added 5416 to their short positions. As of the latest report, leverage funds are short the Swiss franc by ratio of 2.53:1, up from 2.15:1 the previous week and 1.78:1 the ratio two weeks ago.

British pound:

For the week, the December British pound lost 1.41 cents. The COT report revealed that leverage funds liquidated 3,512 of their long positions and added 331 contracts of their short positions. As of the latest report, leverage funds are long the British pound by a ratio of 1.11:1, down from the previous week of 1.20:1 and the ratio two weeks ago of 1.17:1.

Euro:

For the week, the December euro lost 54 pips. The COT report revealed that leverage funds liquidated 2,806 of their long positions and added 8,014 to their short positions. As of the latest report, leverage funds are short the euro by a ratio of 4.68:1, up from the previous week of 4.20:1 and a substantial increase from the ratio two weeks ago of 4.00:1.

Yen:

For the week, the December yen was unchanged. The COT report revealed that leverage funds liquidated 4,454 of their long positions and also liquidated 3,535 of their short positions. As of the latest report, leverage funds are short the yen by a ratio of 5.26:1, up from the previous week of 4.44:1 and a substantial increase from the ratio two weeks ago of 3.96:1.

Dollar index:

For the week, the December dollar index advanced 45 points. The COT report revealed that leverage funds liquidated 1,218 of their long positions and also liquidated 1,624 their short positions. As of the latest report, leverage funds are long the dollar index by a ratio of 1.03:1, up from the previous week of 1.01:1, but down from the ratio two weeks ago of 1.19:1.

S&P 500 (250 x):

For the week, the December S&P 500 futures contract gained 1.20 points. The COT report revealed that leverage funds added 1,161 to their long positions and also added 5,098 to their short positions. As of the latest report, leverage funds are short the S&P 500 futures contract by a ratio of 1.09:1, up from the previous week of 1.05:1, but down from the ratio two weeks ago of 1.17:1.

10 Year Treasury Note:

For the week, the December 10 year treasury note advance 13 points. The COT report revealed that leverage funds added 22,755 contracts of their long positions and also added 42,532 to their short positions. As of the latest report, leverage funds are short the 10 year treasury note by a ratio of 1.73:1, up slightly from the previous week of 1.72:1 and a substantial increase from the ratio two weeks ago of 1.44:1.