CORN SHOCKER: 191,000 Short Bets DEFIED! Prices Explode Ahead of Holiday!
Can corn prices defy massive short bets and rally even higher after Thanksgiving? Surprisingly, corn bulls are driving contracts up by 7 to 8 points ahead of the holiday break, with December and March 2026 futures showing significant gains. This unexpected surge is fueled by near-record ethanol production and a notable drop in ethanol stocks, despite a slight dip in exports and refiner inputs. Intriguingly, this bullish momentum occurs even as managed money holds a staggering net short position of over 191,000 contracts, contrasting sharply with commercial traders who are slashing their own short bets. As the market navigates these conflicting signals and prepares for a hard open post-Thanksgiving, the stage is set for a dramatic showdown. Don't miss out on these critical market insights; subscribe to our channel now!
Tags/Hashtags: #corn #ethanol #commodities #cmdtyview #eia #barchart #cftc
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