Managed Money finally buys corn. They were still selling soybeans.

Managed Money stopped its heavy eight weeks of selling in corn. The prior week's report, covering Tuesday February 13 to 20 activity, showed a new all-time net short position at -340,732 contracts. That move broke the prior low point from 2019, -322,215. Friday's latest report, covering Tuesday the 20th to Tuesday the 27th, showed they bought 45,474 contracts. That was the largest buy in 12 weeks.

Unlike with corn, Managed Money was still a seller in the February 20 - 27 week, -23,976 contracts. That pushed their net short position to -160,653 contracts. That is right next to their major all-time record net short position from 2019, -168,835.