Fund Buying Fuels Soybeans and Corn

Posted on 03/09/2017 10:23 AM
Speculative money continues to flow into the long side of the soybean market. Funds have moved from an aggressive short position in early March to a sizable long position on the roughly $1.00 rally. Because the price surge was fund-driven and futures have rallied further than we (everyone) anticipated, it's hard to predict how much fur...