Speculative investors in U.S. corn futures have trimmed their bullish exposure, with net long positions falling to 302.0K contracts, down from 358.1K previously, according to the latest Commitments of Traders data released on 29 May 2026 by the U.S. Commodity Futures Trading Commission (CFTC).
The decline in speculative net long positions suggests a cooling of optimism among money managers and other non-commercial traders toward the U.S. corn market. While investors remain net long overall, the reduction in positioning may indicate increased caution around price prospects, potentially reflecting shifting views on supply, demand, or broader macroeconomic conditions affecting agricultural commodities.
Market participants will be watching upcoming CFTC releases closely to see whether this pullback marks the start of a more sustained repositioning in corn or a temporary adjustment following earlier bullish sentiment.