We kicked off with a discussion on the unexpected bounce in the markets, which initially suggested fund short covering. However, the open interest reports showed minimal change, indicating that smaller speculators might be driving the momentum after the Commitment to Traders report revealed a significant covering of short positions in corn.

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Ryan Ettner
Energy Enthusiast
I have spent 7 years CBOT grain floor, and have worked my entire life working on my family farm. I am familiar with various markets, but love trading crude, specifically.

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