23.06.2014 - Hedge Funds Bet on Sugar as Dryness Threatens Crops |
Hedge funds got more bullish on sugar before prices climbed to the highest since October as dry weather threatened supply from India to Brazil. Money managers raised their net-long position for the first time in four weeks. A lack of rain in Brazil is compounding damage from the first-quarter drought and will cut yields, says Job Economia & Planejamento, a researcher in Sao Paulo...............................................Full Article: Source |