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Speculators stage record exit from ag commodities

Posted on 04 October 2011

Agricultural commodities have fallen particularly far in speculators’ affections, with bets on price rises suffering their steepest decline ever, with sentiment in cotton and wheat at its most negative for at least a year.
Managed money, a proxy for speculators, cut its net length in futures and options in the main Chicago and New York crops by one-third to 356,000 contracts in the week to last Tuesday, analysis by Standard Chartered of US regulatory data showed……………………………………….Full Article: Source


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