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What happened to CBOT soybean meal futures and options?

In the four-day week ended Jan. 3, money managers boosted their net long position in CBOT soybean meal futures and options to a record 141,877 contracts, up nearly 12,000 on the week, according to data published Friday by the U.S. Commodity Futures Trading Commission.

What is the biggest gain in CBOT soybeans in 2022?

Most-active meal added 18% in 2022, the largest gain across CBOT grain and oilseed contracts. Data published last Friday by the US Commodity Futures Trading Commission also showed the overall speculative CBOT soybean long as of Dec 27 was slightly larger than the year-ago level.

What happened to CBOT soybeans?

Money managers bought CBOT soybeans for a fourth straight week through Jan. 3, raising their net long to a seven-month high of 142,994 futures and options contracts, up from 128,616 a week earlier. They added nearly 63,000 gross soybean longs over the latest six weeks while gross shorts remained largely unchanged.

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