01.11.2013 - Hedge funds at their most bullish on ags this year |
Hedge funds took their positioning on rising agricultural commodity prices to the highest in 10 months, encouraged by ideas of strong demand for US wheat exports, and a dent to Brazilian sugar output from rains. Managed money, a proxy for speculators, lifted its net long on the top 13 US-traded agricultural commodities to 498,748 contracts as of October 15, Agrimoney.com analysis of data from the Commodity Futures Trading Commission shows.........................Full Article: Source |