Latest grain futures prices show soybeans climbing 1.2% to $12.45/bushel on active fund buying after USDA export inspection data beat forecasts. Speculative positioning indicates hedge funds increasing long exposure. Market watch suggests potential upside if Asian demand continues to firm, with attention on U.S.–Brazil shipping competitiveness in Q Friday afternoon’s Commitment of Traders report indicated managed money adding back 14,624 contracts to their net short position in corn futures and option as of September 23. That took their net position to -94,675 contracts, mainly on long liquidation. Commercials trimmed back there at net short position by 10,692 contracts to 97,598 contracts, mainly via an increase in the number of longs, implying end user hedging. In the cash market, not many tenders were concluded during the week to Friday July 4, with only Jordan’s MIT booking 60,000 tonnes of wheat from Buildcom at $255.50 per tonne CFR Aqaba for shipment in the second half of September but skipping the tender for feed barley. Corn grain futures prices stayed range-bound, hovering near $4.85/bushel. Market players shift focus to U.S. acreage report, which often triggers repositioning. Weather premium remains in bids as traders hedge against potential June drought spells.