Posted 5/26/2017 07:25 (#6038643) Subject: Corn and funds
Mn
It seems to me that the funds will defend their short positions in corn until the end of the quarter (so managers get a big bonus). My question is how much, if any, can corn go up when the funds decide to go long? Fwiw, my bias is that corn will make a bottom on the same day as last years high (3rd week of June).