08.01.2014 - Hedge funds' wheat gloom may 'fuel price revival'
The return, close to a record high, in hedge funds' bets on falling wheat values, coupled with cold fears could - ironically - fuel a revival in prices, which took aim at a third successive day of gains on US markets. Managed money, a proxy for speculators, cut its net long position in futures and options in the major 13 US-traded agricultural commodities by nearly 40,000 contracts in the last week of 2013, data from the Commodity Futures Trading Commission regulator showed...............................................Full Article: Source
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