# Funds forge most bearish CBOT wheat view since 2019, corn selling eases -Braun | Financial Post

> Speculative funds increased their net short in CBOT wheat to 53,402 contracts in the week ended November 22, the most bearish since May 2019. Gross shorts reached 106,384 contracts amid light holiday trading volumes.

- Date: 2022-11-28 · published 2022-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12214-funds-forge-most-bearish-cbot-wheat-view-since-2019-corn-selling-eases-braun
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy fund shorting adds downward pressure on wheat futures, reflecting weak US wheat demand and competition from Black Sea exports. Corn selling eased, offering limited support to feed grain prices.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2022-11-28 | 1 | -2.9% | -3.0 | Funds held large bearish positions in CBOT wheat, with corn selling easing, in thin holiday trade, so bearish speculative sentiment and low liquidity probably amplified the downside move. |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/funds-forge-most-bearish-cbot-wheat-view-since-2019-corn-selling-eases-braun

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