Good Morning, Please see attached for your information. Open Interest 2359 – 51 Volume 391 + 51 = 442 + 170 0 EFR’s – 51 EFP’s – 0 Block Trades were posted Weekly Originated Rail Traffic Data Originated rail traffic data showed improvement for Canada however, declined for the US. Demand ultimately will need to
Lumber Futures
Interest rates are rising again this morning following April’s CPI report that showed inflation’s climb down from multi decade highs will be a long and slow journey. 50 basis point rate hikes now expected in June, July and possibly September Expectations Prior CPI Monthly Change 0.3% 0.2% 1.2% CPI Annual Change 8.3% 8.1%
Open Interest 2418 – 25 Volume 257 + 15 = 272 – 157 0 EFR’s – 15 EFP’s – 0 Block Trades were posted
** Mixed to Mostly Lower ** ** July Contract Broke Through The 200 Daily Mover ** ** July Contract gapped Lower for 2nd straight Session ** ** Inverted Mkt Structure shifting, May/July Spread The Exception ** ** Risk Off Across ALL sectors ** ** Seasonal Toping Action??? ** ** Price Discovery Mode ** ** FWD
Widman Cash Print: 2×4-RL #2&BTR WSPF 1080 – 1100 + 30 Open Interest 2503 – 77 Volume 410 + 19 = 429 + 117 N0 EFR’s – 19 EFP’s – 0 Block Trades were posted
CFTC Commitment of Trader Report as of Tuesday May 3, 2022 – Futures Only Commercial longs now maintain a position of 1,331 down 99, to 50.0%. Commercial shorts continue to maintain the largest position with 1,631 contracts down 63 to 61.3% and now hold a net short position of 300. Non-commercial longs now maintain a
