| Regulators cautioned investors over data which showed hedge funds making, by far, their biggest swing positive in positioning in agricultural commodities on record, saying the statistics were based on "incomplete" information. Sources including Rabobank said that the Commodity Futures Trading Commission, the US regulator, had revealed that managed money, a proxy for speculators, slashed its negative positioning in futures and options in the top 13 US-traded agricultural commodities in the week to June 30 at the fastest on record.
The data would show hedge funds turning net long - meaning that long positions, which profit when values rise, exceed short holdings, which benefit when values fall - for the first time in nearly three months...............................................Full Article: Source
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