The latest Commitments of Traders report was released, covering positions through Tuesday
The 3-Year Min/Max Screen shows that there wasn't much new this week. "Smart money" commercial hedgers continue to sell corn, which we've touched on almost weekly for months. Their overall position in the ag contracts continues to hover near all-time record short exposure. Same for commodities in general, for that matter. Despite some selling in Nasdaq futures, their position in the major equity index futures remained about where it was, modestly net short but not at a notable extreme.
