Hedge Plus Retail Program
The retail program at Hedge Plus provides farmers with competent and reliable brokerage services at very competitive rates. Our goal is to assist producers in using commodities as a tool for hedging. We strive to effectively provide our clients with confidence and informal second opinions they can grow to depend on.
FUNDS SLASHED CORN MARKET LENGTH AT THE END OF FEBRUARY
Weekly Market Briefs
By Jason Gehler
March 15th, 2023 Edition
Through February 28th, the managed money corn net-long position was at 68,635 contracts, down from 215,928 the week prior. The Commitment of Traders reports are running at least a week behind schedule since mid-February when a cyber-related incident was reported to have affected the reporting of trading data. May corn futures were sitting at $6.80 on February 21st and were down to $6.30 by February 28th.
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Commodity trading involves substantial risk of loss and is not appropriate for all investors. Anyone acting on our information is doing so at his/her own risk. Consult your futures and option risk disclosure statements before trading. This information is derived from sources which are believed to be accurate, but are not guaranteed by Hedge Plus, LLC as to accuracy or completeness. Reproduction of this information without prior written permission is prohibited.