USA | TJS - 2/10/2024 06:03
That's a lot of corn for someone not in ag to own...
But somehow that is good for our market...
They don't own the corn if they are short. At some point they will have to buy to cover their phantom bushels they have sold.
Thus far has been a big winner when you add what they have gained from rolling their short corn position and add the $ earned from the carry shrink on top of the market decline. |
Funds and buying back corn
