05/04/2026 Funds Haven’t Hit the Brakes on Buying Yet

05/04/2026 Click Above to Watch the Morning Market Talk Video Funds Haven’t Hit the Brakes on Buying Yet Reco Day 2: Sell remaining 25% of old crop corn using July futures at $4.72 or best price.  This completes our old crop sales and should give us an average price of $4.50. Filled on May 1.   *** Futures trading involves risk. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not indicative of future results. On the Grains Soybeans actively traded higher overnight after the July contract finally closed above $12 last Friday and broke out above the seven-week choppy trading range. Corn and soyoil have perked up after facing light pressure early in the overnight session. Buyer interest is muted in wheat markets. Fund willingness to keep pumping money into the long side of markets will be key to how far current rallies extend. Managed money held a near-record long position in CBOT grain/soy futures as of April 28; It was record length when including HRW and HRS futures. The move higher in grains this morning is being augmented by crude oil,…