{"id":2019,"date":"2024-07-05T10:59:19","date_gmt":"2024-07-05T10:59:19","guid":{"rendered":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/?p=2019"},"modified":"2024-07-05T10:59:19","modified_gmt":"2024-07-05T10:59:19","slug":"hedge-fund-position-estimates-are-at-52-week-lows-for-cotton-and-sugar","status":"publish","type":"post","link":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/hedge-fund-position-estimates-are-at-52-week-lows-for-cotton-and-sugar\/","title":{"rendered":"Hedge fund position estimates are at 52-week lows for Cotton and Sugar"},"content":{"rendered":"\n<p>SpreadEdge Capital specializes in seasonal spread trading across a wide variety of commodity markets. A spread trade is the simultaneous purchase and sale of the same commodity with different delivery dates. &nbsp;SpreadEdge publishes a weekly Newsletter that provides several seasonal spread trade opportunities every week.<\/p>\n\n\n\n<p><em><strong>Overview<\/strong><\/em><\/p>\n\n\n\n<p>The Commitment of Traders (COT) report, issued by the Commodity Futures Trading Commission (CFTC), offers a weekly snapshot of the positions taken by different market participants in the U.S. futures markets. This information aids traders and analysts in comprehending market sentiment and developments. &nbsp;Published every Friday at 3:30 PM Eastern Time, the COT report reflects positions held as of the previous Tuesday&#8217;s closing business hours. &nbsp;Peak Trading Research assesses the latest COT report, examining alterations in price and open interest to provide an appraisal of net fund positioning daily.<\/p>\n\n\n\n<p><em><strong>Hedge Fund Position Estimates<\/strong><\/em><\/p>\n\n\n\n<p>Cotton and Sugar are both at 52-week lows for hedge fund position estimates as of Friday, May 31.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-99-1024x580.png\" alt=\"\" class=\"wp-image-2020\" srcset=\"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-99-1024x580.png 1024w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-99-300x170.png 300w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-99-768x435.png 768w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-99.png 1129w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"302\" src=\"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100-1024x302.png\" alt=\"\" class=\"wp-image-2021\" srcset=\"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100-1024x302.png 1024w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100-300x88.png 300w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100-768x226.png 768w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100-1536x453.png 1536w, https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-content\/uploads\/2024\/07\/image-100.png 1544w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Note that each market has taken a different route to reach their 52-week low. &nbsp;Sugar is well of the highs from about this time last year. &nbsp;Hedge funds were net long 226,622 in late June last year and are now short (50,912) contracts. &nbsp;This is a massive range of over 277,000 contracts. &nbsp;<\/p>\n\n\n\n<p>Cotton has been close to the current level a few times over the past 52 weeks and has bounced higher each time.<\/p>\n\n\n\n<p><em><strong>Trading<\/strong><\/em><\/p>\n\n\n\n<p>From these suppressed levels, any bounce higher could see a rush of hedge fund buying. &nbsp; I currently have a bullish Sugar calendar spread open in client and personal accounts and am looking to open a bullish Cotton spread early next week.<\/p>\n\n\n\n<p><br><em><strong>More Information<\/strong><\/em><\/p>\n\n\n\n<p>Use coupon code \u201cSpreadEdge\u201d and get the&nbsp;<a href=\"https:\/\/spreadedgecapital.com\/products\/\">Weekly Newsletter and Daily Alerts<\/a>&nbsp;for $1 for the first month.<\/p>\n\n\n\n<p>For a limited time, you can receive my&nbsp;<a href=\"https:\/\/spreadedgecapital.com\/product\/monthly-subscription-to-the-daily-updates-services-and-spreadedge-newsletter-2\/\">Futures Training Videos<\/a>&nbsp;for free with a 3-month, 6-month, or 12-month subscription.<\/p>\n\n\n\n<p>For a FREE eBook about the&nbsp;<a href=\"https:\/\/spreadedgecapital.com\/futures-101\/\">SpreadEdge seasonal spread strategy<\/a>.<\/p>\n\n\n\n<p><em><strong>More Information<\/strong><\/em><\/p>\n\n\n\n<p>The SpreadEdge Weekly Newsletter is published every weekend and provides a broad overview of the important seasonal, technical, and fundamental indicators within the Energy, Grains, Meats, Softs, Metals and Currency markets. &nbsp;In addition, spread trade recommendations and follow-up on open trades is also provided. &nbsp;For a free copy of the Weekly Newsletter, please send an email to info@SpreadEdgeCapital.com<\/p>\n\n\n\n<p>Darren Carlat<\/p>\n\n\n\n<p>SpreadEdge Capital, LLC<\/p>\n\n\n\n<p>(214) 636-3133<\/p>\n\n\n\n<p>Darren@SpreadEdgeCapital.com<\/p>\n\n\n\n<p><a href=\"https:\/\/spreadedgecapital.com\/\">www.SpreadEdgeCapital.com<\/a><\/p>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<p>SpreadEdge Capital, LLC is registered as a Commodity Trading Advisor with the Commodity Futures Trading Commission and is an NFA member.&nbsp;Past performance is not indicative of future results. Futures trading is not suitable for all investors,&nbsp;The risk associated with futures trading is substantial.&nbsp;Only risk capital should be used for these investments because you can lose more than your original investment.&nbsp;This is not a solicitation.<br><em>On the date of publication,&nbsp;<a href=\"https:\/\/www.barchart.com\/news\/authors\/62\/darren-carlat\">Darren Carlat<\/a>&nbsp;did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy&nbsp;<a href=\"https:\/\/www.barchart.com\/terms#disclosure\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpreadEdge Capital specializes in seasonal spread trading across a wide variety of commodity markets. A spread trade is the simultaneous purchase and sale of the same commodity with different delivery [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,16],"tags":[],"class_list":["post-2019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inside-futures","category-softs","entry","has-media"],"_links":{"self":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/2019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/comments?post=2019"}],"version-history":[{"count":1,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/2019\/revisions"}],"predecessor-version":[{"id":2023,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/2019\/revisions\/2023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/media\/2022"}],"wp:attachment":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/media?parent=2019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/categories?post=2019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/tags?post=2019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}