# Funds assemble least bearish CBOT corn view since August 2023  | Reuters

> Money managers cut their net short in CBOT corn futures and options to 17,703 contracts as of October 29, down nearly 54,000 contracts in a week. This was their least bearish position since early August 2023.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27419-funds-assemble-least-bearish-cbot-corn-view-since-august-2023-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy fund short covering removes some bearish pressure from corn, but the shift reflects positioning rather than a change in fundamentals, so price support may be limited.

## Read by commodity

- CORN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/us/funds-assemble-least-bearish-cbot-corn-view-since-august-2023-2024-11-04/

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