Commodities Update 20 Apr 2024

BDI closed higher from 1,729 (12 Apr) to 1,901 (19 Apr)

Harpex closed higher from 1,230 (12 Apr) to 1,233 (19 Apr)

CDFI closed higher from 1,239.42 (12 Apr) to 1,312.77 (19 Apr)

CCFI rebounded and closed higher from 1,185.13 (12 Apr) to 1,186.53 (19 Apr)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Corn (1)
• Soybean Meal
• Soybeans (1)
• Wheat
• Sugar 
• Soybean Oil
• Feeder Cattle

Neutral

• Orange Juice

Up Trend

• Crude

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• None

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for a trend reversal
Down Trend and Up Trend are based on 50 Simple Moving Averages