Corn Markets Flexing Muscle, But Will It Last? The corn market is experiencing a surge in gains, with speculators buying in big time.
According to the CFTC, managed money has taken on a net long of 376,513 contracts as of August 25 – the largest since April 2022. However, this still falls short of the record by over 52,000 contracts.
Speculator enthusiasm is driving prices higher, with September corn futures rallying 28 ¼ cents on the week and December contracts gaining 28 cents. But what does this mean for actual farmers and producers?