Reading Time: 2 minutes Despite the majority of all three major United States crops being in good to excellent condition, hot weather and speculative fund buying have lifted prices at the Chicago Board of Trade (CBOT).
Net short position in soybeans increased by about 2,300 contracts
Net short in soybeans, corn also grew
Soybeans' net short position increased by about 5,000 contracts
Net short position in soybeans grew to its largest level in nearly four years