Date archive: February 2016

Feature of the day was the Managed Money’s covering of their short position in corn. Funds were estimated by the trade to have covered 9000 of their near 100,000 short today though my calculations show they bought back 15k or more during the session. There are more discussions about the future of the corn and…

Same story, different day. Corn remains trading sideways between $3.71 and $3.66, spending the majority of the day on the lower end yesterday before getting a small rally and closing above $3.71. The funds where non-existing yesterday with an estimated net of 0 and still sitting at $95K short. On a positive note, Mexico continues…

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