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Commodities Briefing - Categorized | Agriculture, Fund Profile more

Hedge funds’ gloom on ags reaches record high

Posted on 16 April 2013

Hedge funds have taken their most bearish view on agricultural commodities on record, despite northern hemisphere weather setbacks testing expectations of sharp recoveries in output of key products this year.
Managed money, a proxy for speculators, cut its net long in futures and options in the major 13 US-traded agricultural commodities below 60,000 contracts as of last Tuesday, Agrimoney.com calculations of regulatory data show………………………………………..Full Article: Source


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