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CFTC data showed a significant fund short in corn, with Managed Money traders selling 58,872 corn contracts for the week ended July 2.

(Jul 08, 2024)
CFTC data showed a significant fund short in corn, with Managed Money traders selling 58,872 corn contracts for the week ended July 2. This includes both liquidated longs & new shorts. In real time, Funds could now be net short over 365,000 delta-adjusted contracts.
 

Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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