Speculators Reel in Bearish Corn Bets Ahead of October WASDE, Short Soybeans for First Time Since 2020.
October 10th COT
The weekly Commitments of Traders (COT) report, released Friday, October 10th which reports a breakdown of each Tuesdays open Interest, showed that managed money reeled in their short positions in corn ahead of the October WASDE report, which was released by the USDA on Thursday, October 12th. Speculators covered 45,128 contracts, equivalent to 225.64 million bushels of their short position. Leaving them short 110,449 contracts ...
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