Funds post a record buying week in soybeans. Best buying week in corn in five years.

The most recent Tuesday to Tuesday buying by Managed Money, 115,527 contracts, was their single best buying week since May 21, 2019. They have brought their position up to -102,513 contracts. This is a significant rebound from -279,570 contracts just three weeks prior. This is their best position since September 5, 2023.

Managed Money buying in the most recent week, 107,783 contracts, was the best single buying week ever. The prior record buying week was 89,264 contracts. Funds have brought their position up from -171,999 to now -41,453 over nine weeks. This is their best position since January.

Managed Money buying, shown in five of six weeks have brought their net short position up to -42,360 contracts. This is their most bullish position since November 1, 2022.

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