Chicago-traded corn futures surged after U.S. farmers reported they would plant significantly fewer acres this year than analysts predicted, but that did not have speculators adding much more length in the subsequent days. Investors have been bullish toward corn since September 2020, and their recent optimism has rivaled some of their strongest within that period. …
The post Funds’ CBOT corn buying vastly underwhelms after low U.S. acreage -Braun first appeared on Hellenic Shipping News Worldwide