(Reuters) After nearly seven weeks as bulls, speculators have turned bearish toward Chicago grain and oilseed futures and options as heavy inventory and largely non-threatening weather for U.S. crops keep the lid on prices. Hedge funds and other money managers switched to a net short position in CBOT corn and extended their existing net shorts in CBOT wheat and soybeans in the week ended Aug. 22, according to data from the U.S. Commodity Futures Trading Commission.
Bears Regain Control Of The Chicago Grain, Oilseed Market
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