(Bloomberg) Where’s corn going next? It depends on who you ask, as hedge funds and analysts make a strong split on the outlook.
The funds have never been more bearish, increasing their net-short position to the largest ever as of March 12, U.S. government data going back to 2006 showed Friday. Meanwhile, the weekly Bloomberg survey of analysts and traders showed bullish sentiment extending for an 11th week.
Hedge Funds Versus Analysts: Corn Predictors Are Squaring Off
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