(Bloomberg) For the first time in six months, hedge funds are betting on a rally in the grain markets. A combined measure of investor holdings for the big three U.S. crops — corn, soybeans and wheat — turned positive in the week ended Feb. 20, government data showed Friday. Soybeans were the big driver, with money managers more than doubling their wagers on higher prices.
Funds Turned Positive on Grains for First Time Since August
This entry was posted in Syndicated. Bookmark the permalink.