# Funds Shunned CBOT Corn Last Week | Feed & Grain

> Speculators bought soybeans, soy products and wheat in the week ended December 15 but trimmed their net long in corn for a third straight week, to 250,260 contracts from 269,583. Soybeans rallied more than 3% that week.

- Date: 2020-12-21 · published 2020-12-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10131-funds-shunned-cbot-corn-last-week-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Reduced fund length in corn suggests less speculative support for corn prices, while the soybean complex attracts buying interest.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2020-12-21 | 1 | -4.5% | -3.5 | Funds trimmed their net long in corn for a third straight week, which points to continued speculative liquidation that could feed a sharp one-day selloff, though the data predates the move and is a weak direct trigger. |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15388398/funds-shunned-cbot-corn-last-week

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.