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
Net short position in soybeans grew to its largest level in nearly four years
CBOT net short position on soybeans more than doubled
Soybeans hit largest net short position since March 2020
Corn traders were covering shorts and putting on some new longs as New Year rolled in
December live cattle down, hogs up
Wheat eases, corn mixed, traders focused on weather
Wheat up on 'water deficit' concerns