Grain TV: Net Commercial Shorts Contracts at Highest Since ’96
Continued strength across the board in the grain markets despite the upcoming WASDE report this Thursday. Net commercial shorts contracts are at their highest level since 1996, forcing technical traders into buying positions if they want to protect themselves from another bearish report.
Bolls are sprouting in soggy central and southeastern Texas, where it has rained 9 straight days and even more in some areas. There are numerous insurance issues related to loss