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Corn Slumps for Fifth Day as Record Fund Position Tests Market
Source: Bloomberg
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning
Corn futures are headed for their longest losing streak since June as the market lacks fresh bullish catalysts. The decline follows hedge funds building positions for higher prices, raising the risk of position unwinds and additional near-term pressure on corn prices.
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