28.06.2016 - Hedge funds cooler on grains - but in softs, bullish bets at 8-year top
Hedge funds' love affair with grains has began to cool, even as they raised bullish soft commodity betting to a six-year high, leaving them vulnerable to the market turbulence which has followed the UK vote to quit the EU. Managed money, a proxy for speculators, cut its net long position in futures and options in the top 13 US-traded agricultural commodities, from corn to hogs, by more than 60,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator...............................................Full Article: Source
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