| Last | Chg | |
| Corn | 374-2 | +7-6 |
| Soybeans | 968-0 | +11-6 |
| Wheat | 447-6 | +15-4 |
From Agrimoney:
Hedge funds extended bearish bets on ags to the second highest on record, including their biggest ever net short in wheat and a larger-than-expected net short in corn – raising the potential for weather setbacks to spur price surges.Managed money, a proxy for speculators, lifted its net short position in futures and options in the top 13 US-traded agricultural commodities, from corn to hogs, by 68,232 contracts in the week to last Tuesday, analysis of data from the Commodity Futures Trading Commission regulator shows.The increase took the net short - the extent to which short holdings, which profit when values fall, exceed long bets, which benefit when prices gain – to 231,206 lots, a reading beaten only once in data going back to 2006.It also represented a 10th successive week in which hedge fund sales in ags exceeded purchases, the second longest such spree on record, behind only an 11-week run which ended in early 2014.'Shorts larger than expected'Net selling was evident in all three ag sectors – grains, soft commodities and livestock – although in particular in grains, including the soy complex, in which hedge funds lifted their net short by more than 43,000 lots to an all-time high of 462,912 contracts....MORE
