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Commodities Briefing - Categorized | Agriculture, Fund Profile, Price Watch more

Hedge funds most gloomy ever on ag price prospects

Posted on 06 August 2013

Hedge funds have turned their least optimistic ever on prospects for agricultural commodity prices, slashing exposure to rising soybean futures, and hiking their net short position in corn to a record high.
Managed money, a proxy for speculators, slashed its net long position in futures and options in the major US-traded agricultural commodities by nearly 48,000 contracts to 58,489 lots, Agrimoney.com analysis of regulatory data shows………………………………………..Full Article: Source


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