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Commitment of traders
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Swmnag
Posted 1/22/2021 16:21 (#8772743 - in reply to #8772729)
Subject: RE: Commitment of traders


The funds have been dumping their bean positions since November. They have had a record net long then of about 250,000 contracts. They have jettisoned their net long to 158,000 contracts. They are further in the life cycle in beans then in corn. Corn is shunning both large and short now, but the funds are adding a short position in beans now. This is of last Tuesday and it is taking less activity to move price now in beans. We have three more down days after this was recorded. Scary times for a bull.



(529E9720-6D99-4995-85E3-AAD086846CAD (full).png)



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