Karen BraunVerified account @kannbwx
Funds were mostly net buyers of CBOT fut+opt in week ended June 25. (# of contracts, June 18 June 25):
#Corn 143,515 187,929
#Soybeans -55,307 -34,042 CBOT
#wheat 22,713 31,513
KC -20,744 -16,803
Minn -4,708 -8,054
Soymeal 18 -910
Soyoil -42,746 -35,969
If funds were buying, then producers were probably selling......at some good prices.
Karen BraunVerified account @kannbwx
Also, here are the producer net positions in #corn and #soybeans through June 25. Big selloff in corn, more hesitation in soybeans.