Funds maintain bullish bets on corn and soybean futures in anticipation of trade deal

From Yahoo Finance: 2025-04-27 17:02:00

Speculators in Chicago corn and soybeans maintain bullish bets in hopes of progress in U.S. trade talks to stimulate grain exports. U.S. farmers are efficiently planting crops, but market uncertainty remains due to trade negotiation ambiguity. Money managers reduced net long positions in corn while increasing in soybeans. U.S. soybeans could suffer in a U.S.-China trade war, with Brazil potentially increasing exports. Japan may increase corn and soybean imports. Soybean oil futures break 50 cents per pound mark, while soybean meal remains bearish. Wheat futures show a record net short position. Traders monitor U.S. planting progress.



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