01.07.2014 - Hedge funds sweeter on ag prices, led by sugar
Hedge funds ended a run of bearish positioning on agricultural commodities as a massive switch in sugar exposure, towards bets on price rises, trumped further downbeat holding on grains. Managed money, a proxy for speculators, raised its net long position in futures and options in the top 13 US-traded agricultural commodities, from cotton to cattle, by approaching 55,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator...............................................Full Article: Source
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