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Funds short Corn 315K
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IN555
Posted 6/29/2020 09:41 (#8343126 - in reply to #8343106)
Subject: RE: Funds short Corn 315K


NW Indiana
The funds have gotten this short over the last few months by end users buying and farmers unwilling to sell while the funds say “hey I’ll take that bet”. During the next 90 days end users will go through roughly 3 billion bushels(600k contracts) of buying. Who do you expect to step up and sell it the fund or the farmer? The farmer will likely hold out until forced to puke at harvest allowing the fund to cover. History would support my thesis

Edited by IN555 6/29/2020 09:43
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