(Agrimoney.com) Hedge funds cut their bullish bets on agricultural commodities, despite reversing a selldown in Chicago wheat, as China worries undermined the soymeal market, and cancer concerns prompted selling in hogs. Managed money trimmed its net long in the top 13 US-traded agricultural commodities by 8,850 contracts in the week to last Tuesday, the CFTC data showed, with the short-covering in Chicago wheat more than matched by sell-offs in other ags.
Hedge Funds Cut Bullish Ag Bets, Amid China, Meat Cancer Fears
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