Investors, however, curbed their net-long positions in soybeans last week to 149,633 futures contracts, down from 159,544 contracts a week earlier, government data show. Large funds have been bullish on corn in recent weeks thanks to increased demand from China. That’s up from 340,376 contracts a week earlier and the largest such position since Jan. Speculators increased their net longs in corn to 348,491 futures contracts as of Feb. Money managers raised their net-long positions, or bets on higher prices, in corn to the highest level in a month while cutting their bullish positions in soybeans, according to the Commodity Futures Trading Commission. Speculators Raise Bullish Bets on Corn to Highest Level in a Month Subscribe: Apple Podcasts | Spotify | Amazon Alexa | Google Assistant | More optionsĢ. Markets Analysis Back to Markets Analysis.
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