Chicago corn futures rebounded last week as drier weather forecasts maintained uncertainty over the U.S. harvest. However, speculators continued the selling trend they started three months ago. Most-active corn futures rose fractionally in the week ended July 13, but they had surged more than 4% in the final two days of that period. Money managers …
The post Funds back away from corn as bullish bets reach nine-month low first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/funds-back-away-from-corn-as-bullish-bets-reach-nine-month-low/