Managed Money Betting Big on Bears

Fridays Commitment of Traders report was highly anticipated with expectations of another new record net short in corn they delivered on that expectation with a massive net short 307,529 contracts of futures and options. This far exceeded the trade estimate of 281,746 and with the way Monday is starting off one has to wonder when they will stop and what kind of bounce, if any, it will bring to the market.

Managed Money or the Funds has been consistently pushing on the short side of the corn market since the start of this decade and more prevalent....

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