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Why have hedge funds raised CBOT corn bets to a two-year high?CBOT corn futures’ most active contract reached its highest price since October 2023 on February 5. However, it declined 1.4% over the last three sessions, and the February 4 data may have ...
In the week ended Jan. 28, money managers increased their net long position in CBOT corn futures and options to 350,721 contracts from 311,678 in the prior week, establishing their most bullish ...
A drop in the dollar lent underlying support, making US grains cheaper overseas. CBOT May corn settled 5-1/4 cents higher at $4.69-1/4 per bushel. May soybeans ended down 2-1/4 cents at $10.25 a ...
But demand for US corn has been decent and investors have cut back on their price pessimism. December CBOT corn futures jumped more than 4% in the four-day week ended Sept 3 after hitting a ...
December corn futures have tumbled 19% since the start of 2024 and are down the same degree versus a year ago. November soybeans are off 14% since the year’s start but are trading 21% lower than ...
CBOT December corn settled a penny lower at $3.86-3/4 per bushel. The US Department of Agriculture said corn export sales totaled 582,900 tonnes in the week ended Oct. 17. CHICAGO: Chicago Board ...
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