Developed by Andy WaldockWe track the Commercial Traders via the Commodity Futures Trading Commissions Commitment of Traders weekly report. The Commitment of Traders report breaks down the market’s players into four main groups:
Commercial Hedgers – Producers or, consumers of a given commodity.
Non-Commercials – Typically commodity funds, including Commodity Index Funds.
Large Speculators – Commodity Trading Advisors as well as large traders.
Small Speculators – Exactly what the name implies.
Some examples of the traders we want to follow are
Fortune 500 producers of crops and crop seeds
End users of grain supplies in cereals, cookies, chips...
Distributors of meat supplies in sausage, steaks...
Producers of all things fossil fuel
Large metal mining conglomerates