# GRAIN MARKETS: Market bears back in charge?

> Large speculators reversed a seven-week trend and increased net short positions in corn futures, with short-term forecasts showing little weather threat to Corn Belt crops. Corn and wheat futures hit new contract lows, with December corn falling 2.5 cents to $3.51.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69466-grain-markets-market-bears-back-in-charge
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing fund short positions and benign weather signal continued price pressure on corn and wheat ahead of harvest, with high global supplies limiting rebounds.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- feedstuffs.com: https://www.feedstuffs.com/grain-market-news/grain-markets-market-bears-back-in-charge-

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