# Column: Funds push CBOT corn long to decade high as U.S. weather risks brew

> Cooler-than-normal April weather is slowing US corn planting, and soils in parts of the Corn Belt are very dry. Speculative funds have built their corn long position to a decade high on these weather risks.

- Date: 2021-04-19 · published 2021-04-19T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6626-column-funds-push-cbot-corn-long-to-decade-high-as-u-s-weather-risks-brew
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Dry soils and slow planting raise the risk of yield losses and drought later in the season. Large fund long positions also add volatility to corn prices.

## Read by commodity

- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-04-26 | 1 | +8.4% | 3.7 | Record fund long positioning and planting delays/dry soils set up weather-driven buying that can amplify upside moves. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-12 | [Column: Brazil's upcoming soy, corn crops at risk amid historically dry weather \| Reuters](https://feedsoft.ai/events/56901-column-brazil-s-upcoming-soy-corn-crops-at-risk-amid-historically-dry-weather.md) | +4.8% | +9.0% |
| CORN | 2025-01-21 | [Bulls take control of CBOT soybeans while funds' corn long nears three-year high](https://feedsoft.ai/events/11805-bulls-take-control-of-cbot-soybeans-while-funds-corn-long-nears-three-year-high.md) | -0.5% | +3.8% |
| CORN | 2021-11-12 | [China corn prices rise as bad weather delays crop shipments](https://feedsoft.ai/events/44068-china-corn-prices-rise-as-bad-weather-delays-crop-shipments.md) | -1.1% | +3.4% |
| CORN | 2022-09-30 | [Long road ahead for restoring global corn supply hit by weather, war](https://feedsoft.ai/events/39503-long-road-ahead-for-restoring-global-corn-supply-hit-by-weather-war.md) | +1.0% | +3.8% |
| CORN | 2017-05-19 | [U.S. grains: Corn hits one-week high on weather worries - AgCanada](https://feedsoft.ai/events/7590-u-s-grains-corn-hits-one-week-high-on-weather-worries-agcanada.md) | +1.3% | +2.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-cbot-grains-braun/column-funds-push-cbot-corn-long-to-decade-high-as-u-s-weather-risks-brew-idUSKBN2C60U1/

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