Hedge funds bullish on commodities

Vancouver Sun – Hedge funds increased commodity bets to the highest in al-most five months on signs that a rescue plan for Greece and faster U.S. growth will buoy demand as supplies shrink for everything from soybeans to copper.

Money managers boosted net-long position across 18 U.S. futures and options by 2.9 per cent to 956,313 contracts in the week ended Feb. 14, the most since Sept. 20, government data show.

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