| Hedge fund selling in agricultural commodities accelerated, to an extent that raised questions over the appetite for more short bets in soybeans – although in wheat, speculators' liquidation may prove "self-fulfilling".
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 nearly 90,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator...............................................Full Article: Source
|