What does the US Commodity Futures Trading Commission mean by "Commercial"?

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The CFTC reports a weekly Commitment of Traders report for commodity futures. They split the commitment between "non-commercial" and "commercial". Is non-commercial individual investors? Is commercial investment banks and funds?

According to the glossary on their site, they define "commercial" as

"An entity involved in the production, processing, or merchandising of a commodity."


One Response to “What does the US Commodity Futures Trading Commission mean by "Commercial"?”

  1. zman492 Says:

    According to the glossary on their site, they define "commercial" as

    "An entity involved in the production, processing, or merchandising of a commodity."
    References :
    http://www.cftc.gov/educationcenter/glossary/glossary_co.html

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