Started by metmike - June 1, 2021, 12:19 p.m.
Money managers sold 23k CBOT #corn futures and options in the week ended May 25, dropping their net long to 268k contracts.
That is still more bullish than usual for the time of year but it is 39% lighter than three weeks earlier.
By metmike - June 1, 2021, 7:40 p.m.
Funds did massive short covering of longs thru the previous 3 weeks of May from bearish weather but were back buying again the last 3 days(after this report) because of bullish weather.