Highlighting this week’s COT Soft Commodity data is once again the rise in speculator positioning for Corn. The speculator bets for Corn jumped by over +75,000 contracts this week following a gain of over +30,000 contracts last week. This marked the largest one-week increase in net positions in a year (November 3rd 2020). Corn is now at the most bullish net speculator level of the past nineteen weeks, dating back to June 22nd.
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