Matt Zeller

CFTC Disaggregated COT Report

November 1, 2013

Commodity

Chart
Page

Prod/Merch
Long

Crude Oil

3
change

RBOB Gas
change

Heating Oil
change

Natural Gas
change

Live Cattle
change

Feeder Cattle
change

Lean Hogs

change

Corn
change

Soybeans
change

Soymeal

12
change

Soyoil

13
change

Wheat
change

KC Wheat

15

change

3,699

-2,932

11,544

49,276

3,936

45,340

41,241

10,754

30,487

28,476

19,348

-78

1,006

42,246

9,242

33,004

-1,514

806

-2,320

928

-1,098

2,282

82,656 107,649

70,918
999

183,799 382,181 -198,382

-8,457

44,518 155,945 -111,427

5,096

-6,453

68,857 124,465 -55,608

16,636

-13,219

3,495

1,798

22,707

93,606 -70,899

916

986

-5,147

-70

231

241
75

-2,229

427

4,286

3,752

12,709

46

715

505

-331

69,939
-14,476

9,128
836

40,587 -24,146

-2,510

2,964

13,891

23,323 159,588 -136,265

3.58

4,222

-6,451

7,483

-3,791

-0.21

25,561

82,088

21,417

41,948 -20,531

-1,256

5,542

-3,140

2,303

894

2,733

9,976

3,130

2,224

71

644

27

-167

1,667

-1,139

89,105
586

25,104

25,849

-1,512

-1,951

2,070

11,274

906

-5,408

5,301

-3,372

-745

8,673

21,889 137,484

50,457

48,836

2,290

1,168

1,122

4,769

4,254

1,350

-1,095

49,810

73,347

19,703

17,533

32,859 -15,326

-145

73,322
762

561

38,852
-536

2,623
-355

1,934
1,284

210

71,388
-522

3,001

435

3,627

35,225

467

-1,003

3,386

978

1,621
2,445

10,572

3,786

-3,369

7,155

3,985

-2,819

6,804

78,070

27,595

26,269

43,648 -17,379

-3,006

7,364

906

6,990
-1,144

43,154
2,050

12,240
-266

88.58
0.78

438.25
-5.25

1302.25
35.25

416.10
41.52

11,441

50,144

0.35

13.70

22,013

-941

166.05

2,027

68,469 -19,112

4,358

2.60

-1,049

49,357

11,164 111,899 105,665

126

-385

53,644

131.10

439

82,162 159,373

515

-1.97

194

12,608 264,409 236,240 310,457 -74,217 118,372 169,950 -51,578

10,372

299.73

-5,443

13,125

52,433

-4.31

1,986

-668

4,964

261.67

16,441

14,438

2,755

-3.41

14,053

64,583 103,543

740

97.80

18,425

6,335

-553

-507

Spot Price
10/22

Net

95,287

38,379 146,280 -107,901 123,063

-3,349

374

27,199 185,461 258,369 244,478

84,938

331,583 373,084 -41,501 277,017

3,388

-524

-1,760

658

-3,565

32,478

672

-3,044

19,630 157,786 -138,156

-133

-1,088

121

3,417

14

-2,566

10,740

-411

-1,357

Short

1,002

611

9,273

Long

11,742

200

816

Net

5,201

3,993

11,398

Short

819

-3,279

1,809

Managed

6,020

9,219

14,786

11

1,575

Long

-4,543

5,940

-1,756

10

-96

Net

82,188

32,201 166,449 -134,248

-1,469

-4,490

Short

44,340 229,257 152,127

151,003 238,090 -87,087 212,660

-1,194

-6,287

Long

Oct - 22 - 2013
Other

24,141 138,941 479,809 -340,868 273,597

105,248 142,704 -37,456

-791

-10,682

Net

66,956 153,336 -86,380

-8,853

Short

337,257 313,116
-15,225

Positions (Futures Only)

Swap Dealers

matt.zeller@intlfcstone.com

3,811

11,644
-468

-4,752

596

0.86

700.75
15.00

765.50

202

This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by FCStone,
LLC. FCStone, LLC is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be
reliable, but is not guaranteed as to its accuracy. Contact FCStone designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect
the viewpoints and trading strategies employed by FCStone, LLC.

Matt Zeller
matt.zeller@intlfcstone.com

Page 1

9.25

Matt Zeller

CFTC Disaggregated COT Report

November 1, 2013

Commodity
MN Wheat

Chart
Page
16

change

Sugar

17
change

Coffee

18
change

Cocoa

19
change

Cotton
change

Lumber
change

change

change

24
change

Silver

2,550

3,231

15,531

34,869

63,358 -28,489

2,489

-2,203

-12,300

4,692

49,407 148,544 -99,137

3,489

-1,374

49,798 139,941 -90,143

327
13,997

27

-5,926

8,841

2,028

-1,701

302

-289

9,594

4,403

408

188

-5,761

46,275
-648

24,410

Short
0
0

27

198

436
-92

-74

Short
2,836
-631

Net
3,190

Long
5,250

557

1,028

Short
3,963

47,129

-2,752

-6,473

-766

1,771
-299

6,458

47

-3,384

44,504

33,089

57,190 -24,101

10,912

6,541

5,881

-6,096

1,634

47

98,914

25,282

73,632

9,336

11,564

-2,228

4,811

2,294

2,517

-491

1,378

-1,869

48,969

12,632

36,337

13,139

-3,389

1,612

-5,001

-2,823

17,952
50,308
151

0
0

23,388

7,481

158

4,859

23,741

478

-3,009

-349

949
-10

2,288

-1,852

34

-126

-215

765
58

650
-69

448
178

889
0

10,865

Net
1,287

550

64,806 171,182

949
-10

Managed

Long
6,026

58,147 168,641 235,988

158

55,167

Net
4,767

May - 28 - 2013
Other

115
127

-441
178

1,324

4,371
1,587

10,985
420

2,154
-3,243

681

193

107

4,306

4,611

-231

34

86

-305
-265

38,476

66,598

-2,254

6,935

-5,272

2,863

-8,135

7,748

-6,060

13,808

424

17,294

52,346 -35,052

50,793

14,654

36,139

35,451

16,920

18,531

9,218

24,134 -14,916

2,125

-5,591

4,733

6,860

-7,589

14,449

137

3,243

35,002

24,283

10,719

29,291

11,626

17,665

6,415

-1,947

2,585

-2,227

4,812

-247

11,568

-2,478

47,172 -35,604

change
-1,065
2,600
-3,665
-265
1,682
*From the CFTC's "Explanatory Notes" on the Disaggregated Commitments of Traders Report:

-10,324

32,694

643

53,299 114,813 -61,514 105,074

-9,189

42,761

-5,707

89,361 109,995 -20,634

-353

25

-1,252

Long
4,767

166,875 578,045 -411,170 226,788

596

23

Copper

1,298

13

22

Gold

Short
Net
32,886 -12,822

2,915

21

Milk

Prod/Merch
Long
20,064

2,115

20

Positions (Futures Only)

Swap Dealers

matt.zeller@intlfcstone.com

10,067

-500

924

-3,106

5,872
1,125

543
-1,372

Spot Price
5/28
756.25
6.00

19.45
0.75

111.95
-4.50

2769.00
9.00

82.45
-1.26

356.40
18.80

18.25
0.05

1342.50
69.50

333.55
2.80

22.79
1.60

Producer/Merchant/Processor/User: an entity that predominantly engages in the production, processing, packing, or handling of a physical commodity and
uses the futures markets to manage or hedge risks associated with those activities.
Swap Dealer: an entity that deals primarily in swaps for a commodity and uses the futures markets to manage or hedge risks associated with those swaps. The swap
dealer's counterparties may be spec traders, like hedge funds, or commercial clients that are managing risk arising from their dealings in the physical commodity.
Money Manager: a "money manager" is a registered commodity trading advisor (CTA); a registered commodity pool operator (CPO); or an unregistered fund identified by
CFTC. These traders are engaged in managing and conducting organized futures trading on behalf of clients.
Other Reportables: every other reportable trader that is not placed into one of the other three categories is placed into the "other reportables" category.

This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by FCStone,
LLC. FCStone, LLC is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be reliable, but
is not guaranteed as to its accuracy. Contact FCStone designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and
trading strategies employed by FCStone, LLC.

Matt Zeller
matt.zeller@intlfcstone.com

Page 2

Net Position in 000 Contracts

Oct-08

-100

-200

-300

-400

-500

-600

-700
Page 3

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Crude Oil - Disaggregated CFTC Net Positions (All Platforms)

Other

400

300

200

100

Net Position in 000 Contracts

0
Mar-11

-25

-50

-75

-100

-125

-150

-175
Page 4

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

NYMEX Gasoline - Disaggregated CFTC Net Positions

Other

100

75

50

25

Net Position in 000 Contracts

0
Apr-09

Feb-09

Jan-09

Dec-08

Mar-11

-40

-60

-80

-100

-120

-140

-160
Page 5

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

-20
Oct-08

NYMEX Heating Oil - Disaggregated CFTC Net Positions

Other

100

80

60

40

20

Net Position in 000 Contracts

-25
Oct-08

-50

-75

-100

-125

-150

-175

-200

-225
Page 6

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

NYMEX Natural Gas - Disaggregated CFTC Net Positions

Other

275

250

225

200

175

150

125

100

75

50

25

Net Position in 000 Contracts

0

-20

-40

-60

-80

-100

-120

-140

-160

-180
Page 7

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CME Live Cattle - Disaggregated CFTC Net Positions

Other

140

120

100

80

60

40

20

Net Position in 000 Contracts

-2
Oct-08

Mar-11

-4

-6

-8

-10
Page 8
Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

CME Feeder Cattle - Disaggregated CFTC Net Positions

Other

22

20

18

16

14

12

10

Net Position in 000 Contracts

-20
Oct-08

Mar-11

-40

-60

-80

-100

-120

-140

-160
Page 9

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

CME Lean Hogs - Disaggregated CFTC Net Positions

Other

120

100

80

60

40

20

Net Position in 000 Contracts

Jan-09

Apr-09

Feb-09

-200

-300

-400

-500

-600

-700

-800
Page 10

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

-100
Oct-08

0
Dec-08

CBOT Corn - Disaggregated CFTC Net Positions

Other

500

400

300

200

100

Net Position in 000 Contracts

0
Mar-11

-50

-100

-150

-200

-250

-300

-350
Page 11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CBOT Soybeans - Disaggregated CFTC Net Positions

Other

250

200

150

100

50

Net Position in 000 Contracts

0

-20

-40

-60

-80

-100

-120

-140

-160
Page 12

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CBOT Soybean Meal - Disaggregated CFTC Net Positions

Other

120

100

80

60

40

20

Net Position in 000 Contracts

0

-25
Mar-11

-50

-75

-100

-125

-150

-175

-200

-225
Page 13

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CBOT Soybean Oil - Disaggregated CFTC Net Positions

Other

125

100

75

50

25

Net Position in 000 Contracts

0

-50

-100

-150

-200

-250
Page 14

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CBOT Wheat - Disaggregated CFTC Net Positions

Other

250

200

150

100

50

Net Position in 000 Contracts

0

-10

-20

-30

-40

-50

-60

-70

-80

-90

-100

-110
Page 15

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

KCBT Wheat - Disaggregated CFTC Net Positions

Other

70

60

50

40

30

20

10

Net Position in 000 Contracts

0

-5

-10

-15

-20

-25

-30
Page 16

Nov-14

Sep-14

Aug-14

Jul-14

May-14

Apr-14

Mar-14

Jan-14

Dec-13

Oct-13

Sep-13

Managed

Aug-13

Jun-13

May-13

Apr-13

Feb-13

Jan-13

Nov-12

Swap

Oct-12

Sep-12

Jul-12

Jun-12

May-12

Prod/Merch

Mar-12

Feb-12

Dec-11

Nov-11

Oct-11

Aug-11

Jul-11

May-11

Apr-11

Mar-11

Jan-11

Dec-10

Nov-10

Sep-10

Aug-10

Jun-10

May-10

Apr-10

Feb-10

Jan-10

Dec-09

MGEX Wheat - Disaggregated CFTC Net Positions

Other

25

20

15

10

Net Position in 000 Contracts

Oct-08

-100

-200

-300

-400

-500
Page 17

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

ICE Sugar - Disaggregated CFTC Net Positions

Other

300

200

100

Net Position in 000 Contracts

0

-20

-40

-60

-80

-100
Page 18

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

ICE Coffee - Disaggregated CFTC Net Positions

Other

60

40

20

Net Position in 000 Contracts

Oct-08

0
Mar-11

-20

-40

-60

-80

-100

-120
Page 19

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

ICE Cocoa - Disaggregated CFTC Net Positions

100
Other

80

60

40

20

Net Position in 000 Contracts

0
Mar-11

-25

-50

-75

-100

-125

-150

-175
Page 20

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

ICE Cotton - Disaggregated CFTC Net Positions

Other

100

75

50

25

Net Position in 000 Contracts

0

-1

-2

-3

-4

-5

-6

-7

-8
Page 21

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

CME Lumber - Disaggregated CFTC Net Positions

Other

Net Position in 000 Contracts

0

-2

-4

-6

-8
Page 22

Nov-14

Sep-14

Aug-14

Jul-14

May-14

Apr-14

Mar-14

Jan-14

Dec-13

Oct-13

Sep-13

Aug-13

Managed

Jun-13

May-13

Apr-13

Feb-13

Jan-13

Nov-12

Swap

Oct-12

Sep-12

Jul-12

Jun-12

May-12

Prod/Merch

Mar-12

Feb-12

Dec-11

Nov-11

Oct-11

Aug-11

Jul-11

May-11

Apr-11

Mar-11

Jan-11

Dec-10

Nov-10

Sep-10

Aug-10

Jun-10

May-10

Apr-10

Feb-10

Jan-10

Dec-09

CME Milk - Disaggregated CFTC Net Positions

Other

12

10

Net Position in 000 Contracts

0
Mar-11

-50

-100

-150

-200

-250
Page 23

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Oct-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

COMEX Gold - Disaggregated CFTC Net Positions

Other

250

200

150

100

50

Net Position in 000 Contracts

-10
Oct-08

Mar-11

-20

-30

-40

-50

-60

-70

-80

-90
Page 24

Oct-11

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Sep-11

Jul-11

Jun-11

May-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

COMEX Copper - Disaggregated CFTC Net Positions

Other

70

60

50

40

30

20

10

Net Position in 000 Contracts

0

-20

-40

-60

-80
Page 25

Oct-13

Aug-13

Jul-13

May-13

Apr-13

Mar-13

Jan-13

Dec-12

Oct-12

Sep-12

Aug-12

Managed

Jun-12

May-12

Apr-12

Feb-12

Jan-12

Nov-11

Swap

Oct-11

Sep-11

Jul-11

Jun-11

May-11

Mar-11

Prod/Merch

Feb-11

Dec-10

Nov-10

Oct-10

Aug-10

Jul-10

Jun-10

Apr-10

Mar-10

Jan-10

Dec-09

Nov-09

Sep-09

Aug-09

Jun-09

May-09

Apr-09

Feb-09

Jan-09

Dec-08

Oct-08

COMEX Silver - Disaggregated CFTC Net Positions

Other

60

40

20