National Ag News

Money managers—commodity traders looking at the rate of return—have seesawed back to bearish on corn.

Don Roose, president of U.S. Commodities, says the funds were record-short in June.

“Then we got into the weather issues, and the (money managers) gradually got out of their short position and went long the market.  As it was moving up, they kept buying positions.”

He tells Brownfield money managers then spent the next six weeks getting out of their long positions, and are now back on the short side.

Continue reading Funds turn bearish on corn at Brownfield Ag News.