# Funds approach record short in CBOT corn after larger US plantings

> Money managers were net buyers of more than 46,000 CBOT corn futures and options contracts in the week reported, the most for any week since August 2019. That cut their net short to 61,854 contracts, mostly through short covering.

- Date: 2024-07-10 · published 2024-07-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11583-funds-approach-record-short-in-cbot-corn-after-larger-us-plantings
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Short covering removes selling pressure from corn futures and can support prices, even though larger US plantings remain a bearish backdrop.

## Read by commodity

- CORN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/us/funds-approach-record-short-cbot-corn-after-larger-us-plantings-2024-07-10/

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