204 Statement of Cash Positions in Grains, Soybeans, Soybean

COMMODITY FUTURES TRADING COMMISSION
STATEMENT OF CASH POSITIONS IN GRAINS,
SOYBEANS, SOYBEAN OIL, AND SOYBEAN MEAL

CFTC CODE NO.

OMB No. 3038-0009

Report as of close of business Friday (DATE)

NOTICE: Failure to file a report required by the Commodity Exchange Act and the regulations thereunder, or the filing of a false report, may
be basis for administrative action under 7 U.S.C. Section 9, and may be punishable by fine or imprisonment, or both, under 7 U.S.C. Section
13, or 18 U.S.C. Section 1001. Public reporting burden for this collection of information is estimated to average 20 minutes per response,
including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and
reviewing the collection of information. Send comments regarding this burden estimate or any other aspect of this collection of information,
including suggestions for reducing this, to Agency Clearance Officer, Office of General Counsel, Commodity Futures Trading Commission,
st
1155 21 Street, NW, Washington, DC 20581; and to the Office of Information and Regulatory Affairs, Office of Management and Budget,
Washington, DC 20503.
PART 1: FIXED-PRICE CASH POSITIONS IN TERMS OF COMMODITY FOR FUTURE DELIVERY
Report all quantities in thousand bushels, i.e., 000 omitted. Show products and byproducts in terms of ‘000-bushel equivalents.
If you have no cash position, write “None” on the form and return it to CFTC.

FUTURES
MARKET
USED FOR
HEDGING
WHEAT

CORN

OATS

SOYBEANS
SOYBEAN OIL
SOYBEAN MEAL
(OTHER
FUTURES
MARKET)

CASH COMMODITY
HEDGED IN
FUTURES

(1) STOCKS
OWNED
‘000 Bushels

LONG CASH
(2) PURCHASE
COMMITMENTS
‘000 Bushels

(3) TOTAL
LONG
‘000 Bushels

SHORT CASH
(4) SALES
COMMITMENTS
‘000 Bushels

Wheat
Wheat Products (in ‘000 bu. equiv.)
Other*
Total
Corn
Corn Products (in ‘000 bu. equiv.)
Other*
Total
Oats
Oat Products (in ‘000 bu. equiv.)
Other*
Total
Beans
Oil & Oil Products (in ‘000 bu. equiv.)
Meal & Meal Products (in ‘000 bu. equiv.)
Other*
Total
Grain (same as futures)
Products (of same futures (in ‘000 bu. equiv.)
Other*
Total

* Use “Other” to identify commodities you are cross hedging. Show quantities in 1,000-bushel equivalents of the commodity futures being used for
hedging and complete Part II to show the quantities in terms of the actual commodity
PART II: FIXED-PRICE CASH POSITIONS FOR CROSS HEDGES IN TERMS OF ACTUAL CASH COMMODITY

FUTURES
MARKET
USED FOR
HEDGING

CASH COMMODITY
(Specify Commodity or Product)

UNITS
(Specify Tons,
Cwt., Lbs., Bu.,
Etc.)

LONG CASH
STOCK
PURCHASE
OWNED
COMMITMENTS
(1)
(2)

FURTHER EXPLANATION/CORRECTION OF PREVIOUS REPORTS

CFTC Form 204 (10-00)
Previous Editions Obsolete

SHORT CASH
SALE
COMMITMENTS
(3)

INSTRUCTIONS FOR PREPARING AND FILING REPORTS ON CFTC FORM 204
(See Regulations Under the Commodity Exchange Act)
WHO SHOULD REPORT: (1) All persons (individuals, partnerships, associations, corporations,
or trusts) holding or controlling positions for future delivery that are reportable pursuant to regulation
15.00(b)(1)(ii) and any part of which constitute bona fide hedging positions as defined in regulation 1.3(z).
(2) All persons holding or controlling positions for future delivery that are reportable pursuant to regulation
15.00(b)(1)(i) who have received a special call from the Commission or its designee, as specified in
regulation 19.00(a)(3).
WHEN TO REPORT: Report monthly as of the close of business on the last Friday of the month.
Reports must be received in the Commission’s Chicago office not later than the third business day
following the Friday date of the report. To ensure receipt of the report by its due date, either transmit the
report by facsimile or report the information contained on the form to the Commission by telephone and
mail the report, post-marked not later than midnight of its due date. Filings made in response to a special
call under regulation 19.00(a)(3) shall be made within one business day of that call unless otherwise
specified in the call.
WHERE TO REPORT: The CFTC Central Region, Market Information, 525 West Monroe Street,
Suite 1100, Chicago, Illinois 60661 (telephone: (312) 596-0700, facsimile: (312) 596-0711), unless
otherwise specifically authorized by the Commission or its designee.
WHAT TO REPORT: For each commodity futures contract in which you hold a position as
specified above, you must report the following:
Part I. Report in thousands of bushels the entire quantity of cash stocks owned and open fixedprice cash purchases and cash sales of the commodity and its products and byproducts. (Report
products and byproducts in terms of 1000-bushel equivalents.) When reportable in soybean futures,
soybean oil futures, or soybean meal futures, show the cash positions of soybeans, soybean oil, and
soybean meal. If it is your practice to exclude certain source commodities, products, or byproducts in
determining your cash positions for bona fide hedging, they should be excluded from the CFTC Form 204
report.
If you are “cross hedging,” report the cash commodity hedged in 1000-bushel equivalents in the
space labeled “Other” under the futures market used for hedging (for example, if you are cross hedging
cash milo in corn futures, convert your milo cash position to 1000-bushel equivalents of corn and report it
on the “Other” line of the CORN section.) If you are cross hedging, you must also complete Part II of this
report.
Part II. If you included “cross-hedged” cash commodities in Part 1 of this report, you must also
report the entire quantity of stocks owned and open fixed-price purchases and sales of the commodity
you are cross hedging in terms of the actual commodity (for example, show your milo cash position in
terms of actual quantities of milo). Specify the futures market in which you are hedging.
GENERAL PROVISIONS: Use standards and conversion factors usual and common to your
business.
If you own no stocks and have no fixed-price cash position, indicate by writing “None.”
If inter-company or inter-office purchases and sales of cash grain are included in your fixed-price
cash grain positions, they must be separately identified as such in a footnote at the bottom of the report,
showing for each related company or office the quantities of grain or grain products involved.