Corn & Soybean Money Flow Update – Jan ’21
Money flow into corn and soybeans has increased significantly over recent months, as non-commercial (speculative) positions have reached long-term record high levels. Non-commercial (speculative) corn positions reached a 25 year high level during the week ending Dec 29th. Non-commercial (speculative) soybean positions reached the highest level on record during the first week of Oct ’20 and have remained elevated since. The non-commercial soybean position as of the week ending Dec 29th finished 8.6% below the Oct ’20 record high level but remained 7.4% above levels experienced during early Dec ’20.