4 or less by GROSS positions on Live Cattle futures CME
Closing Aug 17 and even October contracts see reductions on Open Interest (CFTC COT)
It's seemed like October has a big volume & Open Interest, however, the OI is shifted to December 17 contract according to the daily volume & Open interest CME group.
As it's for corn- Live Cattle contracts also closing longs & shorts, only the shorts are unwinding faster than the long open positions.
It's seemed like October has a big volume & Open Interest, however, the OI is shifted to December 17 contract according to the daily volume & Open interest CME group.
As it's for corn- Live Cattle contracts also closing longs & shorts, only the shorts are unwinding faster than the long open positions.