Tim Worledge

Jul 16, 2023 | fastmarkets.com | Tim Worledge

US investors continued to reflect on weather outlooks and geopolitics in the week to July 11, factoring in the expectations around an imminent USDA update and ongoing hot conditions seemingly being reported across wider swathes of the world. Weekly commitment of traders data from the US Commodity Futures Trading Committee shows another major build in corn short positions extended the net short stance, while Chicago and Kansas wheat shed both longs and shorts over the week.

Jun 7, 2023 | fastmarkets.com | Tim Worledge