14.01.2014 - Hedge funds' bearish turn on ags extends into 2014
Hedge funds started the new year where they left off 2013 in extending their bearish positioning on agricultural commodities, fuelled by a raise in their net short holding on Chicago wheat to a record high a profitable call. Managed money, a proxy for speculators, cut its net long position in futures and options in the top 13 US-traded agricultural commodities, from cotton to cattle, by more than 40,000 contracts in the first week of 2014, according to data from the Commodity Futures Trading Commission regulator...............................................Full Article: Source
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