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Hedge funds’ bullish spree on ags tests ‘record’

Posted on 08 April 2014

Hedge funds’ raised the stakes in their bets on agricultural commodity prices for a ninth successive week, one the longest sprees on record, as a US corn planting hopes added to concerns over weather setbacks to a number of crops.
Managed money, a proxy for speculators, raised its net long in future and options in the top 13 US-traded agricultural commodities by more than 49,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator………………………………………..Full Article: Source


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