@kannbwx
Money managers have been much less bullish in CBOT #soybeans than a year ago - not anymore.
Net long as of Feb. 1 jumped to 154,488 fut+opt contracts, the highest since May and identical to the same weeks in 2021 and 2017.
In CBOT #corn, money managers hold a similar view as last year and their net long has exceeded 300k fut+opt contracts for three months.
Open interest as of Feb. 1 was 25% lower than the same week in 2021.
