June officially kicks off the summer growing season for us corn, a timeframe that can have investors rapidly changing gears along with weather forecasts and Crop HeALTTH, Regardless of the Wider Funder Funder Funder Fundamen
This puts both bearish and bully
In the week ended may 27, Money manners trimmed their net position in cbot corn futures and options to 100,760 contracts, Down Less Than 3,000 on the Week.
While this new position isn’t hugly bearish history, it follows an impressive selloff. Between Late February and Mid-May, Money Manners WERE NET SELLERS OF METHAN 420,000 Corn Contracts, Equivalent to 2.1 Billion Bushels and The Most Ever For An 11-White Span.
MOST-AACVE COBOT CORN FUSTS Fell 10.5% over that period and new-crop December corn easeed more than more than 6%. December corn settled at $ 4.38-1/2 per bushel on Friday, a five-yar low for the date.
Trade fears have been swirling for months, and confusion mounted further last week. Us President Donald Trump’s Sweeping Trade Tariffs Were Deemed Unconstitutional by a US Trade Court, Thought the Ruling was Pauses A Day Later.
On the fundamental front, traders have been weighing strong us corn demand with the expectation for expanding supplies.
The US department of Agriculture Last Month Predicted 2025-26 Us Corn Ending Stocks Will Rise 27% on the year, larger than the 14% risk that was projected in october.
However, the 2025-26 stockpiles themselves are seen 21% lighter than the October Forecast suggested, leaving some room for a bull-friendly Scenario shout corn yields disappoint.
As such, speculators are likely to react if there is any such risk to yields. Take 2023 for example, which featured very similar fund movements as 2025, Especially on Timing.
As of June 2023, the 2023-24 US corn carryout was projection to risk 55% on the year. Still, Funds Dipped Into Bully Bulish Territory Twice that Summer Due to Weather Scares, even thought the US corn crop ended up notching a record yield.
Speculators Turned Bearish in August 2023 and did not flip back over to the bull side again until November 2024, so any upcoming Oportunities for Bulls COULLS COLLS COLLS COLLS COLLS COLLS CORT-Live Persist.
In the week ended may 27, Money manners extended their net long in cbot soybean futures and options to 36,697 contracts from 12,654 a week earlier. That marked their seventh consecutive week as soybean bulls.
Funds trimmed their net long in cbot soybean oil futures and options to 53,988 Contracts from 57,309 a week earlier. They also reduced their net short in soybean meal to 93,785 contracts from the Previous Week’s Record of 107,466.
Money manners through may 27 cut their net short in cbot wheat futures and options to 101,226 contracts from 108,893 a week earlier. They also trimmed their minneapolis wheat net to 30,518 contracts from the previous week’s record of 34,140.
As of May 27, Funds’ Net Short in Kansas City Wheat Futures and Options Stood at 79,361 Contracts, Close to the All-Time Record Set Two Weeks EarLier.
Between Wednsday and Friday, Moves in Most -AATIVE COBOT FUTURES WRE AS FOLLOWS: Corn -3.4%, Soybeans -2%, Wheat 1%, Soyoil -5.4%, and Soymeal was unung.
Traders will be watching this week for any developments on eater the tariff or biofuel front, as well as for us weather forecasts and crop conditions. Usda will publish its first condition rating for the us soybean crop on Monday.
Karen braun is a market analyst for reates. Views Expressed Above Are Her Own.
This article was generated from an automated news agency feed without modifications to text.
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