Key Points
NAPERVILLE, Illinois, July 14 (Reuters) - Speculators last week established record net short positions in both Chicago corn and soybean futures and options as prices tumble further amid ample supply outlooks...
Money managers had reached record net shorts earlier this year, though new-crop CBOT corn and soybean futures have declined 10% and 7% since then, respectively...
In the week ended July 9, money managers boosted their net short position in CBOT corn futures and options to 353,983 contracts from 336,538 a week earlier, almost entirely on new gross shorts...
Money managers' previous record net shorts in CBOT corn and soybean futures and options were 340,732 and 171,999 contracts, respectively, set in the weeks ended Feb. 20 and March 5...
Money managers in that week slashed their net short in CBOT soybean oil futures and options to 17,018 contracts from 61,854 a week earlier and 108,483 two weeks prior...
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