| Hedge funds and other money managers betting on a continued rally in U.S. wheat from dry weather bought close to $2 billion (1.3 billion pounds) worth of contracts in the grain over a week before the market's tumble three days ago, trade data on Friday showed.
In copper, fund managers dumped nearly $670 million worth of long positions just before the metal suffered its sharpest price drop in over a week, the data from the Commodity Futures Trading Commission showed...............................................Full Article: Source |