# Is the Corn Managed Money Betting the Wrong Way?

> Managed money funds cut their corn futures position from net long 75,000 contracts at the start of 2019 to a record net short of 257,965 contracts, according to the March 15 CFTC report. The largest short position since 2006 coincided with a $0.25 drop in futures as funds kept adding shorts.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9640-is-the-corn-managed-money-betting-the-wrong-way
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record fund short leaves the market vulnerable to short-covering rallies, which can lift prices quickly. Buyers may find near-contract-low prices attractive to cover needs.

## Read by commodity

- CORN: bullish ▲

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/is-the-corn-managed-money-betting-the-wrong-way

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