Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Net short in soybeans, corn also grew
Soybeans' net short position increased by about 5,000 contracts
Net short position in soybeans grew to its largest level in nearly four years
CBOT net short position on soybeans more than doubled
Corn traders were covering shorts and putting on some new longs as New Year rolled in
CBOT fund traders were liquidating some large net long positions in soybeans
Funds reduce net long in soybeans
Net long in CBOT soybeans increases
Net long increases in CBOT soy
Traders return to net long on soybeans