# Did Corn Just Pop Its Last Kernels? - ONE-TWENTY TWO: Trading Financial Markets

> Dr. Duru argues that the rally in corn has likely peaked, noting that the Teucrium Corn ETF broke below its 200-day moving average after a failed breakout. Money manager net long positions in CBOT corn futures and options rose sharply to about 233,063 contracts through March 13, the highest since mid-2016.

- Date: 2018-03-20 · published 2018-03-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11427-did-corn-just-pop-its-last-kernels-one-twenty-two-trading-financial-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy speculative net long positioning means prices could fall if fund buying stalls. The drought in Argentina and strong US export demand remain the main upside catalysts for corn.

## Read by commodity

- CORN: bearish ▼

## Sources

- drduru.com: https://drduru.com/onetwentytwo/2018/03/20/did-corn-just-pop-its-last-kernels/

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