Grains – Jeff Kaprelian Grains finished mixed with corn lower, beans marginally higher, and wheat significantly higher. Starting with corn, we simply are running out of steam with the rally. As we’ve commented in the past, you have to feed a bull this hungry every day otherwise it whimpers out….
Commentary
Commitments of Traders Analysis
By: Jeff Kaprelian Corn Commercials were heavy sellers again on the last report, and added 114,081 new shorts and only 4,026 new longs. Funds were net buyers of 106,749 contracts after covering 83,654 shorts and adding 23,095 new longs. This was less buying than many in the trade were expecting….