
Saxo's weekly Commitment of Traders update for the week to September 23, 2025 shows speculators adding dollar shorts after the Fed decision. Speculators held their largest seasonal short on record across grains and oilseeds, with net shorts in all six grain and oilseed contracts for the first time in 20 months.
A record speculative short in grains and oilseeds means heavy fund positioning that could fuel short-covering rallies if supply news turns bullish. It signals bearish sentiment already priced in, which matters for feed-grain price risk.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.